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The article explains how development finance has been redefined since the establishment of the Sustainable Development Goals in 2015.
The Securities and Exchange Commission of Myanmar organized a forum at the Yangon Stock Exchange to help listed firms raise transparency and disclosure standards in company reporting. The event – “Enhancing corporate transparency: trends and business case on transparent reporting and ongoing disclosure” – was held in partnership with the International Finance Corporation (IFC), the Australian Department of Foreign Affairs and Trade, and the U.K. Department for International Development.
International trends and Ukrainian corporate governance practices were at the heart of the discussion of the participants at the IV International Corporate Secretaries Forum. The Forum stressed the importance of introducing the latest international corporate governance practices in Ukraine to increase the investment attractiveness of Ukrainian companies on the international market.
IFC and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding in March to strengthen corporate governance regulatory standards and practices in Myanmar. During his visit to Myanmar, IFC Vice President and Treasurer Jingdong Hua sat down with the Myanmar Times to discuss capital markets, the Asian financial crisis and a range financial of issues concerning international investors.
The move is aimed at helping attract more foreign investment. “A better regulated market will bolster investor confidence and help draw more investment to Myanmar as the country continues to open up,” IFC, and the Securities and Exchange Commission of Myanmar, said in a joint statement.
Evidence shows the benefits of good governance in family businesses across all sectors. It has therefore become a priority for the IFC-supported Myanmar Corporate Governance Initiative.
