SMEs in Myanmar struggle to survive COVID-19 pandemic

Small-and medium-sized enterprises have been especially hard hit by the COVID-19 pandemic, according to an industry group in Yangon. “We plan to release data showing our members’ difficulties,” said U Min Thu, secretary of the Yangon MSME Association. Small businesses have been closed since early September, which has damaged their chances to make a profit, […]

Myanmar exported garments worth $4.28 bn in Oct 1-Aug 31

Myanmar exported garments under the cut-make-pack (CMP) system worth $4.28 billion between October 1 and August 31 in fiscal 2019-20, according to data from the ministry of commerce. However, following the novel coronavirus pandemic, some CMP garment factories have shut down due to lack of raw materials, leaving thousands of workers unemployed. Myanmar financial year […]

Insiders urge govt to expand garment making value chain as exports decline in Myanmar

Myanmar is raising efforts to draw factories that produce raw materials for the garment manufacturers such as buttons and thread to invest in Myanmar, said U Aye Thaung, , chair of the Shwe Lin Pan Industrial Zone. Currently, garment manufacturing in Myanmar is carried out in a cut-make-pack style, where fabrics and accessories are imported […]

Permission for some businesses to reopen in Yangon ‘appropriate’: UMFCCI

Business insiders and executives have commended the government’s move to allow some business to reopen amid COVID-19. “Allowing cut-make-pack (CMP) factories, workplaces, and small and medium-sized enterprises (SMEs) to resume is an appropriate move. The factory closures have hurt workers’ incomes and has been bad for the country’s economy,” said U Maung Maung Lay, the […]

Factories, SMEs in Yangon allowed to reopen after passing inspections

The government will allow factories and small businesses in Yangon to resume operations on October 12 after they pass inspections meant to gauge if they are compliant with guidelines imposed by the health and sports ministry. According to a notice by the Ministry of Health and Sports released on Saturday [October 10], Cut-Make-Pack factories, workshops […]

Thousands of workers face financial difficulty in Bago

The closure of 47 factories in Bago Region until October 11 will cause financial problems for tens of thousands of workers according to Ma Honey, chair of the Bago textile labour union and representative of the Confederation of Trade Unions in Myanmar. “All work has been suspended. Workers are usually paid on the fifth of […]

Clothing Factories Forced to Close in Myanmar’s Ayeyarwady Region After COVID-19 Cases

Pathein, Ayeyarwady Region — Ayeyarwady Region’s COVID-19 committee has ordered all garment factories to close for two weeks after four employees tested positive for coronavirus at two factories in the regional capital. The two factories in Pathein Industrial Zone, one of which has around 700 employees and the other with over 2,000, were found to […]

Over 220 factories in Yangon file for complete closure, temporary closure or redundancy

As Myanmar experiences the Covid-19 second wave outbreak, over 220 factories in Yangon Region have filed for complete closure, temporary closure or redundancy starting from the end of this month, said Region Minister for Immigration and Human Resources Moe Moe Su Kyi. “There are 223 factories. Among them, 53 will close down, 146 lay off […]

Myanmar Garment Factories Report 75% Fall in Orders Amid COVID-19

Yangon — Garment manufacturers in Myanmar are struggling as the European Union’s orders for spring clothing have declined by more than half, U Kyaw Win, vice chairman of the Myanmar Garment Manufacturers Association (MGMA), told The Irrawaddy. August is when manufacturers normally start producing spring clothing for Europe but they have barely received any orders, […]

Magwe govt allows more than 1000 factories to reopen

Magwe regional government has allowed more than 1000 factories to reopen after inspections were carried out on May 22. The officials allowed reopening of about 1000 factories out of 4000 which have been shut down due to COVID-19 outbreak in Magwe Region, according to Daw Myint Myint Thein, region head for Directorate of Industrial Supervision […]