Home MMBIZ News MCRB to Push Company Transparency

MCRB to Push Company Transparency

The Myanmar Centre for Responsible Business (MCRB) announced that they will make a report regarding the transparency of Myanmar companies based on the information from their official webpages and social networks.

MCRB said they have selected over 100 companies in Myanmar for their second report in 2015, which will be released in July.

“We will inform the companies individually regarding the information for the report, which will published in July,” said Vicky Bowman, director of MCRB.

Additionally, the selected companies also need to provide information to the MRCB about whether they gave compensation to the aggrieved workers or engaged in land grabbing, she said.

Last year, MCRB published their first report regarding the company transparency. According to the report, only 10 companies out of 60 show transparency, and most of them do not show detailed information on their webpages. Because of the previous report, more local companies now publish their information to their webpages.

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