Myanmar’s private sector should be at the driving seat for reform

Businesses in the country are best-placed to be at the driving seat for reform, an expert said at a conference in Yangon. On a broader level, the human capital and capacity of employees which the private sector is well-positioned to develop are vital for Myanmar’s transition as a country.

Vicky Bowman, director of Yangon-based Myanmar Centre for Responsible Business (MCRB), stressed that human resources managers played an essential role in ensuring that their companies did business responsibly, since corporate governance is about what people do and why. Each element of what makes a responsible business - treating customers responsibly, not paying bribes etc – involves choices, informed or otherwise, by employees.

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