Foreign investment in Myanmar flows to the production with piecework system

The amount of investment from Hong Kong within three years has increased by more than US$ 589 million while the majority of funds flow to the production operated under the piecework system. Within three years under the new government’s term from the fiscal years 2010-11, 2011-12, 2012-13, Hong Kong investment rose from more than $ […]

Japan’s IIDA to make electronics in Myanmar

IIDA Electronics Ltd. from Japan has been granted permission from the Myanmar Investment Commission (MIC) on February 13 to manufacture and sell electronic equipment in Myanmar. The company will set up a factory in Mingaladon Industrial Zone, in Yangon. IIDA was established in 1965 and has an initial investment of more than Yen 300 million. […]

Foreign investments in garment industry on the rise in Myanmar

Some foreign countries such as China, Hong Kong , French, Singapore and Japan will operate garment industry including rice and other agricultural with Cutting, Making and Packing(CMP) system in Myanmar, according to Foreign Investment Law. A Chinese companies such as Jiangsu Solamoda Garments Group Co;Ltd and Dong Fang Star Garment Factory Ltd will carry out […]