The CESD participated in the forum, “Why GSP is Essential for Decent Work and Industrial Peace”, where The CESD’s Executive Director, Dr. Zaw Oo, gave a presentation regarding how the GSP can foster these concepts. The forum was organised by UMFCCI-Union of Myanmar Federation of Chambers of Commerce and Industry and Ctum Myanmar (Confederation of Trade Unions of Myanmar), with the objective of discussing possible consequences of GSP withdrawal and counter-arguments for it to remain.
Centre for Economic and Social Development (CESD) presented its findings at the International Chamber of Commerce and Economic and Social Commission for Asia and the Pacific’s (ICC-ESCAP) Workshop in Bangkok, Thailand. Ms. Nang Seng Pen, attended the workshop and presented CESD’s findings on how to upgrade Myanmar’s Agroforestry Value Chain.
On 9 and 10 December, The Union of Myanmar Federations Chambers of Commerce and Industry (UMFCCI) held its second annual convention. Bringing together representatives of UMFCCI’s 30,000 members, the convention was a 2-day workshop filled with keynote speeches and discussions seeking to identify and synergize Myanmar’s business community’s efforts and goals. During the convention, the community established 2018’s national business agenda.
During the convention, CESD’s Chief of the Board of Directors, Dr. U Myint, presented a powerful keynote speech on the state of Myanmar’s economy, calling on the Myanmar government to focus on the economy alongside the peace process.
In September 2015, the Myanmar government for the first time in history set a minimum wage at 3,600 MMK ($3 at that time of exchange rate) a day, lowest in ASEAN but slightly higher than Bangladesh. A year and a half after implementation, robust discussions continue between unions, worker representatives, businesses, and the government about the impacts and possible changes in the minimum wage level. On November 4th, CESD was invited by the Ministry of Labor, Population, and Immigration to arbitrate a workshop between worker representatives and government and policy-making figures seeking updates from workers, open a policy dialogue, and support future changes to the minimum wage.
CESD Report on Myanmar SMEs Participation in ASEAN and East Asian Regional Economic Integration.
CESD, in partnership with the Japan International Cooperation Agency (JICA), undertook research into the existing state of subnational public finances and intergovernmental relationships to help build knowledge on the current state of fiscal decentralization in Myanmar, and to promote dialogue on the challenges and opportunities faced by Myanmar’s Union and subnational governments with public financial management reform.
For decades, Myanmar’s economic system was characterized by economic isolation and central planning. Today, however, as Myanmar is in the middle of a far-reaching political and economic transition, it is leaving this past behind. For Myanmar’s enterprises, and Small and Medium Sizes Enterprises (SMEs) in particular, the opening of the country’s economy in general and the intensification of regional economic integration more specifically, most notably through the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC), bring both opportunities and challenges.