07.09.2015 Views

Myanmar

1WZPRL1Jj

1WZPRL1Jj

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

MYANMAR BUSINESS SURVEY: DATA ANALYSIS AND POLICY IMPLICATIONS<br />

1. Nearly 97 per cent of firms in the sample are SMEs 4<br />

The sampled firms have a range of 1 to 4 000<br />

employees, with an average of 45 employees. Nearly<br />

half of the sample firms belong to the micro firm<br />

category with less than 10 employees (figure 3.2).<br />

One-third of firms are small-sized businesses with<br />

10 to 49 employees, while 10 per cent are mediumsized<br />

with 50-249 employees. More than 3 per cent<br />

of the firms surveyed have 250 or more employees.<br />

While fewer in number, the larger enterprises make<br />

a more significant contribution to employment – 53<br />

per cent of total employment among the respondents<br />

is in firms with 250 or more employees. Among the<br />

sampled firms, more than 14 per cent (and, typically,<br />

smaller by size) operate informally. 5 Three per cent<br />

are foreign firms. Annex 3 provides a detailed sample<br />

profile by size.<br />

2. Most firms have been well-established for more than<br />

15 years<br />

Nearly half of the surveyed firms have been established<br />

for more than 15 years, while only one-sixth have been<br />

operating for less than five years (figure 3.3). The small<br />

number of young firms may reflect the poor business<br />

environment that makes it unnecessarily difficult to start<br />

up and run new enterprises. Streamlined regulations<br />

and institutional framework for startup procedures and<br />

incubator programmes could be beneficial in helping<br />

entrepreneurs overcome initial obstacles.<br />

Figure 3.2. Number of respondents, by size<br />

1 500<br />

Micro (1−9 employees)<br />

Small (10−49 employees)<br />

1 000<br />

500<br />

Medium (50−249 employees)<br />

Large (250+ employees)<br />

0<br />

Source: ESCAP-OECD-UMFCCI <strong>Myanmar</strong> Business Survey Database.<br />

Figure 3.3. Number of respondents, by firm age<br />

1 500<br />

15+ years<br />

1 000<br />

5 to 9 years<br />

500<br />

2 to 4 years<br />

10 to 14 years<br />

0<br />

1 year<br />

Source: ESCAP-OECD-UMFCCI <strong>Myanmar</strong> Business Survey Database.<br />

20

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!