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, […]

New economic freedoms rouse Myanmar’s sleeping giant

Last week, Myanmar officials wore big smiles at the official launch of the Thilawa Special Economic Zone. They were jubilant that, at last, the nation has its first international-standard SEZ, equipped with all the infrastructure a major business needs – electricity, water supply and port facilities. The project is a joint endeavour, and much of […]

Rival on the rise

While Cambodia’s economic development is often compared to that of neighbouring Vietnam and Thailand’s, industry insiders say the Kingdom needs to keep a close eye on the steady progress being made in Myanmar, which is predicted to eat into Cambodia’s exports in the long term. After decades of isolation, Myanmar has in the last four […]