Apart from the direct health impact of the Covid-19 pandemic, the crisis and measures to combat it have hit the economy hard. In Myanmar, as part of the Myanmar Business Environment Index (MBEI) project, The Asia Foundation conducted two surveys of 750 businesses to see what kind of impact Covid-19 is having on them. The first one was conducted in April-May and the second one in September-October 2020. The crisis has impacted business operations, sales, profitability, and cash flow. Survey results indicate the virus has put business survival at risk; how businesses have responded by laying off employees, taking out loans, or applying measures to protect their employees and customers; and how businesses have thus far benefited from government support. Additionally, both survey rounds looked at the impact of Covid-19 on key aspects of the business environment including internet and crime.
Second edition of MBEI tool shows progress in governance for private sector development
December 10, 2020 Today, The Asia Foundation released the Myanmar Business Environment Index 2020 (MBEI). The MBEI 2020, funded by UK Aid through the DaNa Facility, is Myanmar’s second installment of the Index, which was first launched in 2019. The MBEI is a survey of primarily businesspeople measuring perceptions on the ease of doing business across Myanmar. The survey results are analyzed to produce an index for each state and region of Myanmar, establishing a benchmark for rating business-friendliness.
The index provides policymakers with critical information to inform decision-making regarding the business landscape in Myanmar. The MBEI is organized into 10 subindices, each a measure of a specific dimension of the business environment such as the cost of entry, government transparency, access to land, and the availability of suitably skilled labor. Each subindex consists of statisticall
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