MIC permitted eight enterprises including four garment enterprises

Myanmar Investment Commission (MIC) granted permission to eight enterprises including four garment enterprises, according to an announcement released by MIC. These permitted enterprises include manufacturing of garments under Cut-Make-Pack (CMP) system, manufacturing and marketing the corns, prawns and assorted snacks, sterilized, sweetened and condensed Milk, corrugated carton box and beautification corrugated carton box and cement, […]

Chinese garment firms eye Myanmar as low-cost hub

Thanks to soaring production costs in China coupled with surge in labour wages, Myanmar’s garment sector is emerging as the last low-cost production frontier for factory relocation and diversification in Southeast Asia. This, together with the difficulty in hiring garment workers and the Chinese government’s policy of upgrading its manufacturing sector with a strategic shift […]

Myanmar garment firms explore Paris & Berlin markets

Representatives of nine top Myanmar based apparel factories went to Paris and Berlin last month in order to get a better understanding of European markets and European buyers’ requirements. “The participants were able to gain insights into the multilayered European textile market by visiting two major garment and textile trade shows located in Paris and […]