United Amara Bank tops transparency in Myanmar enterprises ranking report

The Myanmar Centre for Responsible Business (MCRB) and Yever launched the sixth Pwint Thit Sa/Transparency in Myanmar Enterprises (TiME) report earlier this week. The report assesses online disclosure on the corporate websites of 260 Myanmar companies, including listed, public, private companies and State-Owned Economic Enterprises (SEEs). The assessment evaluates listed and public companies with over 100 shareholders against 143 criteria.

The three Myanmar companies which score highest are United Amara Bank (UAB), City Mart Holdings Group (CMHL), and Shwe Taung Group.
On the other end of the spectrum, 98 companies (38%) of the 260 companies assessed do not have corporate websites.

The leading SEEs for disclosure are Yangon Electricity Supply Corporation (YESC) and Myanmar Shipyards, the only two SEEs to score (just) above the overall average.

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