Branded footwear maker plans operation in Myanmar

Taiwan-based Pou Chen Group, the world’s largest contract manufacturer of footwear by shipments, will invest US$100 million to set up a manufacturing base in Myanmar, the company’s Myanmar director said. Ou Chin-Nan said the footwear factory would manufacture internationally known brands – Adidas and Nike – for export. Located in Yangon, the new plant will […]

Taiwanese Firms Look to Cash In on China’s Strained Relations with Myanmar

Tiny Taiwan is bidding to upstage its giant neighbor by investing heavily in Myanmar while the Southeast Asian nation’s relations with China remain cool. After a series of recent small-scale Taiwanese investments, the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) has announced plans to spend nearly half a billion dollars developing an industrial park in […]