Our History
Yoma Group is a leading conglomerate in Myanmar. First Myanmar Investment (FMI), Yoma Strategic Holdings (YSH) and Memories Group, together with their respective subsidiaries, are collectively referred to as the Yoma Group. In 2019, we welcomed Ayala Corporation to the Yoma family. Ayala’s investment into Yoma makes them the second largest shareholder in Yoma Strategic and FMI. It also marks the largest foreign direct investment made by a Philippine company into Myanmar.
First Myanmar Investment
1992
Yoma Strategic Holdings
2006
Memories Group
2018
Our Mission
Build a Better Myanmar for its People
The “How” to “Build a Better Myanmar for its People” leads us to confront the biggest challenge facing the Group and to build a roadmap to move forward to create value in everything we do.
How is a better Myanmar defined? In the words of our Chairman, Serge Pun, “better” must be compared in quantitative, qualitative, spiritual and material terms of today. Through passion and proficiency aligned to this deep sense of determination, the Group is committed to build a better Myanmar together with its people and for its people.
Our Vision
Our Values
Innovation
Teamwork
Integrity
Respect
Diversity & Equal Opportunity
The Group recognises that employees are the foundation of its businesses. We believe that a strong workforce will provide a better foundation to capitalise on the emerging opportunities in Myanmar. By nurturing their individual talents and providing them with opportunities for personal growth and career development, we hope to help our employees realise their full potential.
The Group invests in its people to build careers around a shared culture of fairness and diversity. We are an equal opportunity employer. All employees are valuated on the basis of work performance and merit regardless of gender, race or nationality, ethnicity, religion, creed, age, disability, marital status and sexual orientation.
We take great responsibility in cultivating a constructive and enjoyable working environment where we all have the opportunity to participate to the best of our abilities free from any forms of discrimination. We have a diversity council that focuses on improving our Group’s programme aimed at addressing diversity issues.
Core Pillars of businesses
A fast-growing economy, increasing consumer purchasing power and the rapid urbanization of Myanmar are some of the key drivers of the Group’s core businesses. The six key sectors are Real Estate, Consumer, Automotive & Heavy Equipment, Financial Services, Healthcare and Tourism. Together with a Portfolio of Investments, we are involved in some of Myanmar’s most important economic sectors that cater to the rapid growth in domestic consumption.
More than half of Myanmar’s 51 million people is under the age of 27; within this group, a significant proportion is between the ages of five and 14, signaling a potential ‘demographic dividend’ for the nation. Rising incomes are expected to fuel the expansion of the country’s middle-income consuming class, doubling to some 10 million people, or 15% of the population by 2020, and consumer spending is projected to triple over the next decade.