Firms in Myanmar, Philippines and Vietnam join networks
Global professional services networks PrimeGlobal and Integra International have expanded their coverage in Asia with the addition of new member firms.
The admission of KAMP Accounting & Corporate Services marks PrimeGlobal’s entry into the Myanmar market. “Myanmar is an emerging ASEAN country with a promising future. The addition of a footprint in Myanmar aligns with our commitment to extend our market coverage in Asia,” said George Guo, PrimeGlobal’s Executive Director for Asia Pacific.
The Yangon-based company supports clients with accounting, auditing, IRFS compliance, internal audit, company incorporation, payrolling and tax advisory services. The 15-strong professional services firm is led by Managing Partner Kyaw Thiha.
“KAMP Accounting & Corporate Services prides itself in providing professional services with the highest ethical standards of integrity, competency and objectivity to ensure the client’s interests. As we are the first PrimeGlobal member firm from Myanmar, we look forward to sharing our knowledge about Myanmar tax regulations, financial reporting standards and investment opportunities with our fellow members,” said Thiha.
Globally, PrimeGlobal has more than 24,000 staff, generating combined annual revenues of approximately $3 billion.
Meanwhile, Integra International, a smaller international network with around 4,000 staff specialised in accounting, audit, tax and advisory services, has admitted new member firms in the Philippines (Manila-based Frontline Philippines) and Vietnam (Ho Chi Minh City-based KMF Auditing Company).
Headed by CEO Mark Cottle, Frontline Philippines provides premium offshore services to accounting firms, helping them solve capacity issues at attractive rates. The firm mainly serves accountancies based in Australia, the UK and the US.
KMF Auditing Company is an independent firm with more than 20 experienced professionals in the professional services industry, specialising in auditing, accounting, tax and consulting for foreign and domestic organisations. The firm is led by partner Chanh Tran.
In related news, last week BDO's 40-strong Thailand team switched to rival network HLB.