74% 66% 63% 62% 59% 57% 55% 51% 46% 41% 36% 32% Average profit Average operating Disruption of the Expecting not to decline* capacity* supply of inputs and recover within 6 raw materials** months Jun-21 Aug-21 Oct-21 63% 62% 57% 44% 11% 11% 12% 13% 4% Temporary closure Average operation capacity* Employee reduction* Jun-21 Aug-21 Oct-21 Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 14% 14% 14% 13% 11% 9% 8% 5% 6% 6% 5% 5% 4% 2% 2% Hiring Laying off Granting unpaid Reducing salary, Reducing hours leave wages or benefits Jun-21 Aug-21 Oct-21 10% 10% 9% 9% 8% 8% 5% 4% 4% 2% 2% 2% 1% 1% 0% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 25% 21% 18% 14% 9% 8% 5% 5% 4% 3% 2% 3% 2% 0% 1% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 19% 16% 16% 16% 13% 13% 12% 12% 12% 11% 6% 6% 5% 4% 3% 3% 4% 2% Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland Jun-21 Aug-21 Oct-21 23% 19% 18% 13% 11% 12% 11% 10% 6% 7% 6% 4% 4% 4% 1% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 66%66% 67%67% 63% 63%62% 57% 58% 56% 59% 57% 54%53% 51% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 71% 66% 66% 66% 65% 63% 62% 61% 58% 57% 57% 54% 57% 57% 47% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 95% 81% 81% 77% 73% 64% 58% 56% 52% 51% An increase cost for Profit decline Cashflow shortage* Impacts of MMK raw materials and compared to Jan depreciation against inputs 2021 USD on oeprations and performance Jun-21 Aug-21 Oct-21 Reduction of sales 86% Cash flow shortages 51% Disruption of the supply of inputs and raw 51% materials Difficulty making payments to suppliers 31% and employees due to reduced revenue Difficulty making payments to suppliers 28% and employees due to limited banking… Limited internet access impacting business 21% operation Reduction in workforce due to layoff 16% Reduction in access to credit 16% Having difficulty making payments on 14% loans and other business credits Filed for insolvency or bankruptcy 10% Damage to any business assets or location 7% 67% 65% 65% 66% 61% 55% 51% 47% 43% 42% 46% 43% 34% 30% 33% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 67% 64% 58% 61% 54% 57% 55% 50%52% 48% 51% 50% 51% 44% 47% 46% 43%39% Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland Jun-21 Aug-21 Oct-21 95% Cost increased 73% 77% 72% Not available 75% 61% 23% Lower quality 18% 11% 3% Others 9% 15% Oct-21 Aug-21 Jun-21 Depreciation of Myanmar Kyat against US 64% dollar Depreciation of Myanmar Kyat against 41% foreign currencies other than US dollar Limited access to US dollar 19% Limited access to foreign currencies other 17% than US dollar 81% 63% 64% 64% 55% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total 81% 69% 64% 59% 53% 53% Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland 56% 57% 43% 41% 40% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total 57% 45% 45% 41% 30% 23% Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland 90% 92% 78% 80% 81% 82% 80% 78% 72% 60% 57% 55% 55% 48% 40% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 92% 89% 83% 79% 81% 79% 79% 82% 82% 77% 80% 70% 65% 60% 57% 54% 51% 50% Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland Jun-21 Aug-21 Oct-21 52% 52% 44% 42% 24% Agriculture Manufacturing Retail and wholesale Service Total 60% 49% 41% 43% 42% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total 53% 51% 56% 43% 38% 38% 17% 16% 14% 14% 12% 11% Outstanding loans Commercial banks Non-banking finanical Friends and family instiutions Jun-21 Aug-21 Oct-21 54% 44% 43% 44% 43% 42% 41% 38% 38% 38% 38% 33% 31% 32% 33% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 50% 48% 43% 40% 42% 37% 38% 38% 35% 31% 31% 27% 22% 22% 23% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 13 12 13 13 11 11 12 11 10 11 11 10 10 10 7 Agriculture Manufacturing Retail and wholesale Service Total Jun-21 Aug-21 Oct-21 25 16 15 14 13 11 10 11 9 11 12 11 8 8 7 7 7 5 Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland Jun-21 Aug-21 Oct-21 31% 31% 25% 15% 12% 10% 12% 9% 11% 8% 7% 5% Suppliers Tax authorities Banks and non-bank Employees institutions Jun-21 Aug-21 Oct-21 57% 52% 54% 41% 36% 32% 22% 24% 25% -10% -15% -23% Confident to remain Fall in arrears in next Expecting not to Average sales in business for the 3 months recover within 6 expectation in next 3 next month months months Jun-20 Aug-21 Oct-21 67% 64% 66% 63% 69% 63% 63% 59% 59% 53% 41% 36% 30% 33% 27% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 84% 62% 63% 64% 63% 64% 65% 63% 63% 54% 54% 46% 33% 33% 25% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 Suspended planned investment Suspended planned business expansion Suspended new product or service launch Froze hiring Reduced hours of staff employed Reduced number of staff Shifted to a new product or service due to new opportunities Oct-21 Aug-21 67% 63% 57% 60% 57% 58% 57% 51% 52% 51% 52% 54% 45% 45% 43% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 77% 71% 61% 65% 64% 61% 57% 55% 56% 54% 52% 52% 54% 44% 48% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 49% 44% 46% 41% 36% 36% 38% 36% 35% 32% 31% 32% 31% 31% 27% Agriculture Manufacturing Retail and Service Total wholesale Jun-21 Aug-21 Oct-21 42% 41% 41% 40% 41% 34% 36% 36% 33% 32% 30% 29% 30% 22% 21% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Jun-21 Aug-21 Oct-21 Retail and Agriculture Manufacturing wholesale Service Total 4% -2% -7% -9% -12% -10% -10% -13% -15% -16% -25% -24% -23% -27% -35% Jun-21 Aug-21 Oct-21 Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total 14% -6% -7% -9% -9% -10% -12% -14% -15% -21% -23% -24% -26% -29% -30% Jun-21 Aug-21 Changed its production or services offered 26% partially or completely Started or increased delivery or carry-on 24% Shifted focus to marketing activities 15% Shifted focus to refurbishments and 15% renovations Shifted focus to improving internal 13% systems and operations Shifted focus to new activities unrelated 11% to core business Started or increased remote work 9% arrangement for its workforce Provided discounts and promotions 8% Upskilling or training employees 7% Limited internet access 28% High prices for online advertising 17% Lack of IT capacity, skills or technology 15% within business Did not experience any challenges selling 12% goods or services online High prices charged by online platforms, 8% marketplaces or sellers 17% Lack of IT capacity, skills, technology 15% 14% 4% 0% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total 41% Limited of internet access 32% 28% 15% 8% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Reduce number of staffs 19% 17% Reduce operation hours 19% 16% Source cheaper inputs or raw materials 14% 14% Shift to new business activities unrelated 21% to current core business 14% Temporarily close the business 24% 12% Borrow money to cover cost 20% 12% Reduce salaries 14% 11% Permanently close the business 8% 6% Aug-21 Oct-21 65% 39% 36% 34% Average tax payment Worsened ease of Worsened ease of Decrease in the share decrease compared taxes filing and customs clearance of firms paying taxes to last year, among payment since and payment since from the past 6 the firms reporting a February 2021 February 2021 months before decrease in tax February 2021 to the payment* past 6 months before October 2021 84% 61% 63% 55% 52% 47% 16% 21% 20% 18% -31% -29% -34% -40% -43% Micro (1-4) Small (5-19) Medium (20-99) Large (>99) Total Past 6 months before February Past 6 months before October Difference 75% 61% 45% 52% 52% 44% 33% 12% 12% 18% 16% 18% -32% -28% -34% -41% -36% -49% Yangon Mandalay Chin and Dry Delta and Hilly Zone Total Zone Coastal Lowland Past 6 months before February Past 6 months before October Difference