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Indeed, most people do not even know that the market exists at all.State-owned and private enterprises alike have chosen not to list.It is located at around 20 km South-East of Yangon, which is the biggest commercial city of Myanmar.
The exchange, a 50-50 joint venture between the state-owned Myanma Economic Bank and the Daiwa Securities Group, currently lists only two securities, both of which are rarely traded.
The MSEC is the country's second stock exchange after the Rangoon Stock Exchange, which traded shares of a few British and American stocks in the 1930s.
The Thilawa Special Economic Zone - located on the outskirts of Yangon - is the first Special Economic Zone (SEZ) built in Myanmar, and had become fully (commercially) operational in September 2015.
Inside Thilawa SEZ, (where) both (the) hard and soft infrastructure - from roads and utilities to supporting services such as maintenance - are developed up to the international standard.
The fledgling exchange, operated by seven European firms, was a secondary OTC market with most of the quotes sourced from Calcutta and Bombay exchanges. The RSE was revived in the late 1950s to trade shares of nine public-private joint-venture corporations.