DFID boss highlights support for garment workers, marginalised groups

A UK cabinet minister highlighted how Myanmar’s garment industry is supporting the livelihood and security of vulnerable women. Penny Mordaunt, Britain’s international development secretary, said during her visit to Myanmar that protecting the Muslim communities who have remained in northern Rakhine and supporting them to live “side-by-side and in peace in their communities” is among […]

Cambodia Businesses, Unions Ask EU Not to Impose Trade Sanctions

PHNOM PENH—Cambodian businesses and unions urged the European Union on Monday to not withdraw trade preferences from Cambodia over human rights concerns, saying such a decision would pose serious economic damage and harm millions of workers and their families. The EU warned last year that it would strip Cambodia of its “Everything but Arms” (EBA) […]

Business groups speak out against potential withdrawal of EU GSP

Three major domestic business organisations have urged Brussel’s visiting mission not to revoke Myanmar’s access to the Generalised Scheme of Preferences (GSP). Meanwhile, The Myanmar Times understands that a statement co-signed by six European business groups has been addressed to the monitoring mission, arguing that withdrawing GSP “will undoubtedly have a detrimental impact on the […]

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 […]