MYANMAR’S first Retail Summit and Expo 2020 together with a conference titled “Unleashing the Retail Potential” organized by Myanmar Retailers Association (MMRA) will be held at Fortune Plaza in Yangon on 7 and 8 February 2020. A pre-Press Conference about this two-day event was held at Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) on 21 January 2020.
“For the benefit of retailers in the Retail Industry, their suppliers and partners, a conference titled ‘Unleashing the Retail Potential” will be included. Retail experts, successful players in the retail industry, leaders of foreign retail businesses will discuss in the conference allowing all to learn their different views and concepts. This event was also held as a preparation to host an International Retail Expo in Myanmar” said MMRA Chairman U ThureinNyein.
Only about 10 percent of Myanmar retailers had transited to modern retail businesses while 90 per cent remains as traditional retailers. The aim of the retail summit and expo was for successful retailers to pass on information that small retailers ought to know as well as changes required and advancement in technologies in order to create a better retailing environment in Myanmar. Ten foreign experts including top management from world famous 7 Eleven convenience store, Thailand’s famous shopping malls Paragon and Emporium, Indonesia’s Matahari Department Store, Philippine’s Wilcon Home Depot, ten locals such as Daw Win Win Tint of Citymart Holding and economic advisor Dr Aung Tun Thet will be holding talks. It is a conference for those who were in or planning to enter the retail sector as well as for interested person in the economy said the MMRA general secretary Daw Tin Su Hlaing.
Entrance fee for the conference on the days when it is held will be 50,000 Kyats while conference early bird fee of 30,000 Kyats will be available up to 3 February at Information Counters at Citymart Supermarkets and Ocean Super Centers all over the country.
In the public portion of the Expo where entrance is free for the public, 150 booths opened by renown suppliers to retailers will be exhibiting and selling at bargain prices consumer, beverages, toys, fashion, household, beauty, IT, medical and healthcare products.
“Retail Summit & Expo 2020 will be an event where retailers could promote their businesses at a single place. Booths at the event will also display the products which could support the retail business. Therefore, the Expo will surely benefit both retailers and suppliers, said U Naing Lin, the vice president of MMRA.”
Ye Htut Tin (NLM)
PHOTO: YE HTUT TIN (NLM)
Ref; The Global New Light Of Myanmar