Zawgyi Premier manages our risks by first identifying, then categorising them. The 4 specific types of risks we have identified are: strategic, compliance, financial, and operational risks.
The Risk Management System we have implemented includes control measures that help our organisation to avoid, reduce, transfer and retain identified risks. Details of each risk type and the relevant control measures are shown below.
Identified Risks and Controls
|Compliance||Changes in regulations/non-compliance||Monitor changes in regulations and review company performance on compliance|
|Market||Competition||Provide fast, reliable, high quality and cost-effective service to attract and retain customers|
|Work on maximising cashflow
Maximise FX impact by prioritising local currency transactions
|Environment||Natural disasters Operational impact on environment||Emergency preparedness planning Sustainability strategies and initiatives|