UMFCCIUnion of Myanmar Federation of Chambers of Commerce and Industry
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Practically this could be done through industry associations (such as UMFCCI, MGMA, etc.) but also by piggy-backing on existing initiatives such as the "Business Forum", a platform for public-private dialogue, and the "Saturday Talks" organized by the Department of SME Development.
The signing ceremony was part of the first corporate governance forum organized by IFC and the UMFCCI. Around 400 government and business representatives attended the half-day forum in Yangon today to discuss corporate governance challenges and opportunities faced by Myanmar; they also shared the latest trends and global best practices.
The cooperation between IFC and the UMFCCI is a key milestone in improving corporate governance standards and practices in Myanmar.