Hong Kong to help Myanmar set up a gold exchange

(Before It's News)

gata.org / By Enouch Yiu, South China Morning Post, Hong Kong / April 9, 2017

The operator of Hong Kong’s gold exchange is in talks to help the government of Myanmar establish a bourse in the country for trading the precious metal, according to Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society.

“This is the right timing for Myanmar to establish a gold exchange as the country is very keen on modernising its economy,” Cheung said in an interview with the South China Morning Post. “Myanmar lies on the route of China’s One Belt, One Road project, which enables it to capture the growing opportunities of commodities and other types of trading in the region.” …

… For the remainder of the report:

http://www.scmp.com/business/commodities/article/2086180/hong-kong-help-…

SOURCE

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