The Myanmar Institute of Directors (MIoD) signed a Memorandum of Understanding (MoU) with the Malaysia-Myanmar Business Chamber (MMBC) on 25 February 2024 at Lotte Hotel Yangon.

The Memorandum of Understanding (MoU) between the Myanmar Institute of Directors (MIoD) and the Malaysia-Myanmar Business Chamber (MMBC) was signed by Daw Thin Myat Thu, General Manager of MIoD, and Mr. Siva Prakash Shanmugam, President of MMBC together with Mr. Johan Ariff Abdul Razak, Chargé d’ affaires (CDA) of Malaysia and Dr. Win Si Thu, Vice President of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) as witnesses.

This MoU is entered between parties to cooperate in facilitating adoption of good corporate governance standards by Myanmar companies and institutions by increasing education, capacity building and awareness building, among board directors and corporate leaders.

The Finance for Directors Program was successfully organized as 4-half days online Program on 17 – 25 February 2024.
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MIoD would like to express its gratitude to all attendees, mostly directors, board members, and senior management of Myanmar companies contributed in the interactive discussions and group case studies.
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We hope the program enhanced your understanding in The director’s role and responsibilities in financial governance and reporting, The life cycle of business financing, including diverse sources of company finances and their advantages and disadvantages, How to interpret financial statements, including how to analyze business/financial information and use of ratios, Governance of external financial reporting, including standards and practices and Director’s checklist: key questions that each director should ask and how to spot red flags.

Congratulations to MIoD's Patron, Prof. Dr. Aung Tun Thet as being awarded Honorary Professorship at Dhurakij Pundit University, Bangkok on November 18, 2023.

An online webinar in collaboration between the Myanmar Institute of Directors (MIoD) and the British Chamber of Commerce Myanmar (BCCM). with on the topic “Cyber Threats in Myanmar: Insights & Strategies” was successfully organised on October 24, 2023 by the Speaker U Ye Thura Thet, Founder & CEO of Kernellix Cyber Defense and Response Center.
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A huge thanks to our speaker for exploring the following areas;

1. Grasping the Present Threat Landscape: From Cyber Intrusions, Frauds, and Email Scams to Social Engineering and Ransomware.
2. Key Takeaways from Recent Industry Incidents.
3. Practical Mitigation Steps for Business Leaders.
4. The Crucial Need for Security Awareness Programs.

The MIoD kicked off the Short Program of Board/Company Secretary Essentials on October 21 and 22, 2023 as a Zoom Online Program.
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During this Program, the attendees were able to learn the Core responsibilities of a Company Secretary/Governance Professional, the Legal and regulatory components of Statutory Compliance in Myanmar for different types of company, External reporting, Meeting Management; including types of meetings, conflicts of interest, minutes, and timelines, Director Duties and Basic Corporate Governance; including governance codes and approaches at international and Myanmar level.