Adverse market conditions | - Cross-border trade is heavily impacted, affecting farmers who cannot export their crops
| - Providing flexible terms for the farmers for the repayment of their loans and/or purchase of our products
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| - Frequent and significant changes in the legal framework complexify compliance
| - The Group works with various service providers to monitor any change in the regulatory framework that may impact its operations and activities
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| - Safety of staff and distributors
| - Adaptation of working procedures
- Allocation of MMK 188 million to mitigate the consequences of the pandemic
- Organisation of a vaccination campaign to protect our staff, their families, as well as our distributors and their families
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| - Contraction of sales
- Increase in capital expenditures
- Depreciation of the Myanmar kyat
- Difficulty in accessing and managing cash
| - Strengthening of cash flow management and internal controls
- Development of new solutions to handle cash and reinforce staff security
- Payment of salaries in cash
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| - We might lose the trust of our business partners and other critical stakeholders
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| - Farmers might misuse agrochemical products
- Employees might be exposed to work-related hazards
| - Delivery of training to use Myanma Awba’s products responsibly and safely
- Our HSE officer is responsible for managing, monitoring and optimising Myanma Awba’s health and safety performance
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| - Delays in the import process
- Higher logistics costs
| - Strengthening of our procurement process
- Optimisation of supply routes
- Further engagement with Myanmar food producers
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