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Case study of a late comer -- Myanmar 4.0

Case study of a late comer -- Myanmar 4.0

23 Sept 06:08 Key points summarised by AI
  • Myanmar, acknowledging its status as a "late comer" in digital transformation, is actively pursuing "Myanmar 4.0" to adapt to rapidly evolving technologies.
  • State Counsellor Aung San Suu Kyi emphasized the critical need to upskill and reskill the workforce and upgrade Micro, Small, and Medium Enterprises (MSMEs) through initiatives like ASEAN Human Empowerment and Development (AHEAD).
  • MSMEs are identified as the driving force of Myanmar's economy, crucial for employment, innovation, and sustaining the country's high economic growth rate of 6-7% in recent years.
  • Myanmar recognizes the inevitability of technological disruption and advocates for proactive adaptation to change, stressing that prosperity lies in embracing rather than resisting new tides.
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