PYEI SONE HEIN GROUP CO.,LTD | APEA - Regional Edition - Asia Pacific Enterprise Awards

PYEI SONE HEIN GROUP CO.,LTD

 

MASTER ENTREPRENEUR CATEGORY

Zaw Min Thant

Chairman & Founder

PYEI SONE HEIN GROUP CO.,LTD

Electrical & Electronics


www.pshglobalgroup.com

Information about the Entrepreneur

Zaw Min Thant is Myanmar’s serial entrepreneur serving as the Chairman & CEO of Pyei Sone Hein Group Co.,Ltd (PSH Group). He is also the visionary Founder of Bagan Sense Hotel and holds key positions as the Joint Secretary General of the Union of Myanmar Federation of Chambers of Commerce and Industry, the Vice President of the Myanmar Business Executive Association, and the Vice President of Myanmar Young Entrepreneurs Association. He was a member in the Young Presidents Organization (YPO) Yangon Chapter where he proudly fostered strong international relations. His leadership has been instrumental in addressing various challenges, consistently driving new growth for the PSH Group through enhancing management expertise and the elevation of business values across Myanmar.

Born in the picturesque hill town of Pyin Oo Lwin, he nurtured childhood dreams of professionalism and leadership. He obtained his Bachelor of Education in Electronics from Yangon Technological University, followed by an EMBA from Yangon University of Economics and a Postgraduate Diploma in Law from Yangon University of Distance Education.

In 1998, he initiated his career as a self-employed individual and embarked on his entrepreneurial journey, courageously embracing the challenges ahead. Back in 2002, he pioneered electronic weighing scales featuring the local unit “Viss” challenging the conventional mechanical scales and transforming user perceptions. By 2009, he embarked on introducing electronic fuel dispensers in Myanmar, focusing on delivering top-notch products and services that fostered client confidence.

Other Interesting Facts about the Entrepreneur

Zaw Min Thant’s interests include a passion for reading, exploring new horizons through travel, and enjoying a game of golf.

His entrepreneurial ventures play a prominent role in Myanmar, offering comprehensive solutions in various sectors, such as electronic weighing scales, industrial, oil & gas, software development, system integration, hospitality, manufacturing, and trading businesses.

He strongly believes that resilience and adaptability are critical traits, recognizing that learning from failures and setbacks is a key part of future success. The cultivation of responsible business practices from a socio-economic perspective and the establishment of a strong network are imperative for success.

In his entrepreneurial odyssey, ‘Passion’ stands as a fundamental personal value, serving as the spark for innovation, a wellspring of creativity, and a profound source of purpose.

Start an entrepreneurial journey with passion and life-long learning.

Company Achievements and
Role of the Entrepreneur

Zaw Min Thant leads PSH Group, a company with 250 employees, headquartered in Yangon, and operating through six branches across the country.

The PSH Group aims to support the success, prosperity, and portfolios of its customers and business partners, guided by the principle that ‘Client Satisfaction is its Success.’ To meet these principles, the company prioritizes meeting the expectations of its stakeholders with its unwavering commitment to maintaining the company’s reputation and striving for ongoing improvements in delivering excellent services and high-quality products through a team of professionals.

PSH Group’s development approach is driven by customer requirements and expectations, adopting a customer-centered focus and regularly collecting feedback for functional testing and future prospects. The company holds monthly meetings and ensures monitoring at all levels.

In the current era, the world is entering the deployment phase of the ‘Age of Digital Transformation’ and embarking on the adoption of a new paradigm, often referred to as Industry 4.0, involving cutting-edge technologies. The company has already initiated steps to ensure fairness, transparency, accountability, and inclusivity in the processes and outcomes. Technological progress is essential for sustainable development, especially in a rapidly changing technological landscape with the proliferation of digitized devices and services.

PSH Group’s latest developments are now operable through a comprehensive web interface, enabling businesses to track customer interactions and business activities. The platform’s versatility supports various applications, such as finance, asset and cost accounting, inventory management, and sales data, with reporting being a key factor in evaluating various business performance metrics.

In conclusion, PSH Group takes pride in its active participation and contributions to the country’s entrepreneurship sector, leveraging its expertise and experience for the betterment of society.

Vision, Mission & Future Plans

PSH Group’s vision is to establish itself as a premier organization in Myanmar, delivering high-quality products, maintaining standard operational practices, and providing exceptional services.

Its mission is to achieve world-class recognition in Myanmar by forging strategic alliances with business partners, fostering mutual benefits, and driving shared success.

PSH Group’s future plans have a primary focus in the realm of business solutions which lies in the delivery of cutting-edge technology that contributes significantly to its country’s overall development. In today’s world, technology plays a pivotal role, significantly influencing economic growth across various market sectors. The company’s primary support extends to sectors like oil & gas, transportation, logistics management, manufacturing, and smart city solutions.

The products and technologies the company offers have the potential to bring substantial benefits to its country’s market. Its management systems, in particular, offer widespread advantages with minimal skill and capital investment. These benefits encompass risk reduction, loss mitigation, enhanced control, smooth and transparent operations, comprehensive management reporting, and big data utilization. Products, technologies, and software solutions are not only instrumental in bolstering productivity but also in improving the quality of life and facilitating process automation.

Given PSH Group’s status as a distinguished entrepreneur and industrial expert in these business fields, its customers place their trust in the company and wholeheartedly recommend its products and solutions. It is the company’s belief that “entrepreneurs should stay attuned to the continuous transformation and evolution of technology.”

CAREER HIGHLIGHTS