Public companies in Myanmar – companies whose shares can be bought by the public – lag behind privately-owned firms in corporate disclosure and governance, according to the latest transparency report released on Tuesday.
This is the fifth Pwint Thit Sa report (Transparency in Myanmar Enterprises) undertaken by Yangon-based Myanmar Centre for Responsible Business (MCRB) in partnership with Myanmar consulting firm Yever.
In 2019, the Myanmar companies with the highest transparency scores are City Mart Holdings (CMHL), First Myanmar Investment (FMI), Max Myanmar and Shwe Taung.