Cambodian Garment Workers Urged to Boost Sectors Productivity as Bangladesh & Myanmar Workers are Cheaper

Prime Minister Hun Sen yesterday urged garment workers to improve their productivity in order to prevent factories from closing shop and moving to such countries as Laos, Bangladesh and Myanmar, all of which have lower minimum wages. His comments came during a graduation ceremony at the National Technical Training Institute, where he also pointed out […]

Asian Firms to Target Mekong; 42pc Eye Myanmar Expansion over Ten Years: EIU

In the next ten years, companies in Asia will focus more on opening new factories and offices in Southeast Asia and less on China The business landscape in Asia will change significantly over the next decade, as companies in the region focus more on new growth opportunities in countries such as Myanmar, Vietnam and Thailand, […]

Rich Myanmar people shun Yangon’s property boom to Invest in London

Burma’s richest citizens are taking their money out of the country and investing in upmarket property in London. While foreign investors queue to get into Asia’s so-called “last economic frontier,” millions of dollars are flowing out and into bricks and mortar in the capital of the former colonial rulers, a survey has disclosed. The volume […]