Myanmar marks World MSME Day


FILE PHOTO: Artisans busy at work in a lacquerware factory in Bagan, Myanmar. In Myanmar, around 90 per cent of businesses are MSMEs, accounting for about 70 per cent of employment generation. - THE STAR

YANGON: Myanmar marked World MSME Day in Naypyitaw on Saturday (June 27), the state-owned daily The Global New Light of Myanmar reported on Sunday.

Speaking at the ceremony, Myanmar's President Min Aung Hlaing called for greater support for Micro, Small and Medium-sized Enterprises (MSMEs). He urged regional and state governments and local agencies to promote the sustainable development of MSMEs based on local agricultural and livestock products.

He also stressed the importance of maintaining stable supply chains and ensuring product quality.

In Myanmar, around 90 per cent of businesses are MSMEs, accounting for about 70 per cent of employment generation, he said. - Xinhua

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