Myanmar’s clothing industry is set for significant growth in the coming years

Myanmar’s clothing industry is forecast to grow significantly in the coming years, according to a report in the latest issue of Global Apparel Markets from the business information company Textiles Intelligence. Forecasters have predicted that there could be up to 1.5 million jobs in the garment industry by 2020 compared with approximately 230,000 in mid-2015, […]

Myanmar plans 41 new power plants in 15 years

Myanmar has mapped a 15-year power development plan to meet increasing demand, setting its sights on boosting capacity from 4,581 megawatts to over 29,000MW in 2031. According to Myint Oo, director at the Ministry of Electric Power, the plan will shift Myanmar’s focus from hydropower to other energy sources, including coal, natural gas, solar, and […]