Election 2020 - Key Issues for Business

On October 16th 2020, EuroCham Myanmar contributed to the webinar “Election 2020: Key Issues for Business”, organized in collaboration with AustCham – the Australian Chamber of Commerce in Myanmar. The webinar was held to exchange views on the possible impact of the 2020 General Election,  to be held in less than three weeks, on business activities in Myanmar.

Moderated by Chris Hughes, Chairman at AustCham Myanmar , the event saw the participation of:

  • H.E. U Thaung Tun, Union Minister Ministry of Investment and Foreign Economic Relations and Chair of the Myanmar Investment Commission
  • Dr Sean Turnell, Special Economic Consultant to the State Counsellor
  • Michelle Grady, Country Manager, Woodside Energy
  • Rebecca Mohr, Group General Counsel, City Holdings
  • Ben Koo, Head of Yoma Financial Services, Yoma Strategic Holdings
  • Alex Nyi Nyi Aung, Head of Communications & External Affairs, Unilever Myanmar, Cambodia & Laos
  • Thomas Kean, Editor-in-Chief, Frontier Myanmar

The discussion focused on the electoral process, the timing and the implications to take in consideration once the results will be announced. Moreover, the speaker’ interventions covered many other topics such as the impact of Covid-19 restrictions on business and the internet restriction effect on digital services.

From EuroCham Myanmar, Alex Nyi Nyi Aung (Head of Communications & External Affairs at Unilever Myanmar, Cambodia & Laos) took part at the discussion. In his intervention he mentioned the results of EuroCham Myanmar Covid-19 surveys. The surveys, launched firstly in March and then in August, well describe the Covid-19 impact on Myanmar businesses sentiments.

H.E. U Thaung Tun in his closing remarks acknowledged the fact that much more can be done to support Myanmar economy, but the Economy Recovery Plan currently under discussion will present more reforms in this direction. Moreover, the General Elections will be an opportunity to move forward, as without economic development peace and stability cannot be upheld. Finally, he thanked the participants and organisers AustCham and EuroCham Myanmar for the valuable discussion and for their efforts in facing the battle against Covid-19. This battle needs to be fought on many fronts, form the institutional side but also from society and private sector.

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