KBZMS General Insurance and InterRisk Asia (Thailand) jointly hosted the Earthquake Risk Management & Business Continuity in Myanmar Seminar on 1 December 2025 at the Chatrium Hotel in Yangon.
This seminar is a collaborative dialogue between private and public sectors with a view to promoting earthquake risk management and business continuity.
Domestic and international business institutions and the Japan business group members discussed Myanmar-Japan collaborations on earthquake risk assessment.
ActionAid International’s Country Director, FIN Myanmar’s chair, Myanmar-Bangladesh Chamber of Commerce Vice President Mr Shihab Uddin Ahamad made a more dynamic and insightful panel discussion titled "Collaborating for Continuity: Lessons from the Mandalay Earthquake".
KBZMS CEO U Lu Mon Aung delivered that families and businesses require comprehensive earthquake risk assessment and ongoing awareness programmes to identify hazards, plan responses and preparedness and mitigate losses. He highlighted the insistence on strengthening public and private sector collaboration on earthquake preparedness.
Daw Chaw Kalayar, chair of Myanmar Green Building Society and founder of STATEMENT Architecture + Design, also gave a remark that earthquake preparedness plans need to reach every household in rural areas. Local developers need to be trained on building earthquake-resistant structures. Undertaking safety guidelines in rural building, seismic risk and general awareness accessible to everyone and providing financial assistance and loans for safety measures are also addressed.
Similarly, Mr Lafir Mohammad, Head of Partnership and Program of ActionAid International, urged investment for business continuity, financial assistance and emergency service to effectuate the development in the private sector.
Representatives of InterRisk Asia (Thailand) brought insights and different perspectives on earthquake risk assessment and preparedness measures.
Deputy Director-General U Thant Zin of the Financial Regulatory Department also emphasized preparedness measures, procedures and sectoral collaborations. He also stressed that it is time to invest in quake resistance. — ASH/KK
