Code of Conduct
Since our founding in 2003, Zawgyi Premier has developed a strong reputation as a reliable and responsible business partner in Myanmar – thanks to our efforts in ensuring high levels of integrity and accountability within the organisation, and our aspirations for building a business that continually gives back to the community.
We are committed to the highest standards of business ethics. This dedication is embodied in our Code of Conduct and further supported by our policies and standards, and our steadfast compliance with relevant industry regulations.
Our Code of Conduct applies to everyone in Zawgyi Premier, as well as everyone we do business with – our partners, suppliers and more. We enforce strict adherence to business ethics and conduct ourselves with integrity and fairness in everything we do.
We understand that even the best-written code of conduct cannot anticipate every situation that a business encounters – this is where our employees are tasked with using good judgment and common sense, and encouraged to seek management clarification when in doubt. Employees are expected to report any (potential or actual) breaches of company code and policies to a Managing Director immediately.
At Zawgyi Premier, compliance is non-negotiable. Our open culture encourages everyone in the organisation to do business with integrity and ethics.
GENERAL EMPLOYEE CONDUCT:
Zawgyi Premier Co.,Ltd and its employees must, at all times, comply with all applicable laws and regulations. The company will not condone the activities of employees who achieve results through violation of the law or unethical business dealings. This includes any payments for illegal act, indirect contributions, rebates, and bribery. The company does not permit any activity that fails to stand the closest possible public scrutiny.
All business conduct should be well above the minimum standards required by law. Accordingly, employees must ensure that their actions cannot be interpreted as being, in any way, in contravention of the laws and regulations governing Zawgyi Premier Co.,Ltd’s operations.
Employees uncertain about the application or interpretation of any legal requirements should refer the matter to their supervisor, who, if necessary, should seek appropriate legal advice.
Zawgyi Premier Co.,Ltd expects its employees to conduct themselves in a businesslike manner. Drinking, gambling, fighting, swearing, and similar unprofessional activities are strictly prohibited while on the job.
Employees must not engage in sexual harassment, or conduct themselves in a way that could be construed as such, for example, by using inappropriate language, keeping or posting inappropriate materials in their work area, or accessing inappropriate materials on their computer.
CONFLICTS OF INTEREST:
Zawgyi Premier Co.,Ltd expects that employees will perform their duties conscientiously, honestly, and in accordance with the best interests of the company. Employees must not use their positions or the knowledge gained as a result of their positions for private or personal advantage. Regardless of the circumstances, if employees sense that a course of action they have pursued, or are presently pursuing, or are contemplating pursuing may involve them in a conflict of interest with their employer, they should immediately communicate all the facts to their supervisor.
OUTSIDE ACTIVITIES, EMPLOYMENT, AND DIRECTORSHIPS:
All employees share a serious responsibility for Zawgyi Premier Co.,Ltd’s good public relations, especially at the community level. Their readiness to help with religious, charitable, educational, and civic activities brings credit to the company and is encouraged. Employees must, however, avoid acquiring any business interest or participating in any other activity outside the company that would, or would appear to:
Create an excessive demand upon their time and attention, thus depriving Zawgi Premier Co.,Ltd of their best efforts on the job.
Create a conflict of interest – an obligation, interest, or distraction – that may interfere with the independent exercise of judgment in Zawgyi Premier Co.,Ltd’s best interest.
RELATIONSHIPS WITH CLIENTS AND SUPPLIERS:
Employees should avoid investing in or acquiring a financial interest for their own accounts in any business Zawgyi Premier Co.,Ltd that has a contractual relationship with the company, or that provides goods or services, or both, to Zawgyi Premier Co.,Ltd if such investment or interest could influence or create the impression of influencing their decisions in the performance of their duties on behalf of the company.
GIFTS, ENTERTAINMENT, AND FAVORS:
Employees must not accept entertainment, gifts, or personal favors that could, in any way, influence, or appear to influence, business decisions in favor of any person or company with whom or with which Zawgyi Premier Co.,Ltd has, or is likely to have, business dealings. Similarly, employees must not accept any other preferential treatment under these circumstances because their positions with the company might be inclined to, or be perceived to, place them under obligation to return the preferential treatment.
KICKBACKS AND SECRET COMMISSIONS:
Regarding the company’s business activities, employees may not receive payment or compensation of any kind, except as authorized under Zawgyi Premier Co.,Ltd’s business and payroll policies. In particular, the company strictly prohibits the acceptance of kickbacks and secret commissions from suppliers or others. Any breach of this rule will result in immediate termination and prosecution to the fullest extent of the law.
ZAWGYI PREMIER CO.,LTD FUNDS AND OTHER ASSETS:
Employees who have access to Zawgyi Premier Co.,Ltd funds in any form must follow the prescribed procedures for recording, handling, and protecting money as detailed in Zawgyi Premier Co.,Ltd’s policies and procedures or other explanatory materials, or both. The company imposes strict standards to prevent fraud and dishonesty. If employees become aware of any evidence of fraud and dishonesty, they should immediately advise their supervisor or seek appropriate legal guidance so that Zawgyi Premier Co.,Ltd can promptly investigate further.
When an employee’s position requires spending Zawgyi Premier Co.,Ltd funds or incurring any reimbursable personal expenses, that individual must use good judgment on the company’s behalf to ensure that good value is received for every expenditure.
Zawgyi Premier Co.,Ltd funds and all other assets of the company are purposed for Zawgyi Premier Co.,Ltd only and not for personal benefit. This includes the personal use of company assets, such as computers.
ZAWGYI PREMIER CO.,LTD RECORDS AND COMMUNICATIONS:
Accurate and reliable records of many kinds are necessary to meet Zawgyi Premier Co.,Ltd’s legal and financial obligations and to manage the affairs of the company. The company’s books and records must reflect in an accurate and timely manner all business transactions. The employees responsible for accounting and recordkeeping must fully disclose and record all assets, liabilities, or both, and must exercise diligence in enforcing these requirements.
Employees must not make or engage in any false record or communication of any kind, whether internal or external, including but not limited to:
False expense, attendance, production, financial, or similar reports and statements
False advertising, deceptive marketing practices, or other misleading representations
DEALING WITH OUTSIDE PEOPLE AND ZAWGYI PREMIER CO.,LTD:
Employees must take care to separate their personal roles from their company positions when communicating on matters not involving Zawgyi Premier Co.,Ltd business. Employees must not use company identification, stationery, supplies, and equipment for personal or political matters.
When communicating publicly on matters that involve Zawgyi Premier Co.,Ltd business, employees must not presume to speak for the company on any topic, unless they are certain that the views they express are those of Zawgyi Premier Co.,Ltd, and it is the company’s desire that such views be publicly disseminated.
When dealing with anyone outside Zawgyi Premier Co.,Ltd, including public officials, employees must take care not to compromise the integrity or damage the reputation of either Zawgyi Premier Co.,Ltd, or any outside individual, business, or government body.
In all matters relevant to customers, suppliers, government authorities, the public and others in Zawgyi Premier Co.,Ltd, all employees must make every effort to achieve complete, accurate, and timely communications - responding promptly and courteously to all proper requests for information and to all complaints.
PRIVACY AND CONFIDENTIALITY:
When handling financial and personal information about customers or others with whom Zawgyi Premier Co.,Ltd has dealings, observe the following principles:
Collect, use, and retain only the personal information necessary for Zawgyi Premier Co.,Ltd’s business. Whenever possible, obtain any relevant information directly from the person concerned. Use only reputable and reliable sources to supplement this information.
Retain information only for as long as necessary or as required by law. Protect the physical security of this information.
Limit internal access to personal information to those with a legitimate business reason for seeking that information. Use only personal information for the purposes for which it was originally obtained. Obtain the consent of the person concerned before externally disclosing any personal information, unless legal process or contractual obligation provides otherwise.