Yangon summit shakes things up, business braces for quakes

KBZMS General Insurance threw a seminar with InterRisk Asia at a Yangon hotel, where Myanmar and Japanese businesses talked about earthquake prep and keeping operations running after disasters. CEO U Lu Mon Aung said families and companies need better risk assessment programs and stronger government-private sector teamwork to handle seismic events.

ActionAid's Lafir Mohammad pushed for more investment in emergency services and financial help to support private businesses during crises. Daw Chaw Kalayar from the Myanmar Green Building Society wants earthquake safety training for rural builders and loans for retrofitting homes since preparedness plans barely reach villages outside cities.

The Financial Regulatory Department's deputy director said Myanmar needs to start dumping money into quake-resistant infrastructure before another big one hits.
 

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