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Myanmar Workforce Promised Govt Payments During COVID-19 Factory Closures

Yangon — The Ministry of Social Welfare, Relief and Resettlement will provide certain social security benefits for workers at factories that will have to close until April 30, according to director-general U Nyunt Win of the ministry. The compensation scheme follows the ministry’s announcement on Sunday that factories will have to close for inspection until […]

Factory operators can face legal actions unless complied with MIL

The factory operators can face legal actions under the Myanmar Investment Law (MIL) if they fail to comply with notification requirements for the closure of factories, said U Thant Sin Lwin, director-general of the Directorate of Investment and Company Administration (DICA). At present, some CMP garment factories have shut down on the reason for the […]

Myanmar Labor Activists Fined for Factory Protest

Yangon – Five labor rights activists, including a labor activist from a US-owned garment factory, were threatened with 24 days in prison unless they paid fines of 30,000 kyats (US$21) at Yangon’s Dagon Township Court on Feb. 11 for an unlawful assembly. The five led more than 400 factory workers from the Natural Garment Company […]

Myanmar Strategic Unit Wins Security Contract From Paint Firm Jotun

(Alliance News) – Myanmar Strategic Holdings Ltd on Monday said that its subsidiary Exera Myanmar has been awarded a one-year security contract. The developer & manager of consumer businesses said Exera will provide security guarding services at Jotun Myanmar Co Ltd’s factory in Bago, Myanmar. Jotun manufactures decorative paints, marine, protective and powder coatings. “This […]

Nissin Electric shifting production to Myanmar from Thailand, Vietnam

Metal parts and equipment maker Nissin Electric Co of Japan will build a plant in Myanmar, relocating some production processes from its factories in Thailand and Vietnam to cut labour costs in its contract manufacturing business. The company said early this week it will form a joint venture with Hosoda Holdings Co, a Japanese trader […]

Toyota to build factory in Myanmar

Toyota Motor Corp. is planning to build an automobile factory in Myanmar, The Yomiuri Shimbun has learned. An official announcement could come before the end of the month, with construction on the plant to start this year. The plant would be located in the Thilawa Special Economic Zone (see below) on the outskirts of Yangon […]

Hundreds jobless as Adidas supplier shuts down amid dispute

A YANGON factory that supplies footwear to global sportswear giant Adidas has shut down after refusing to comply with an Arbitration Council ruling to reinstate a sacked workplace union member, leaving more than 700 workers jobless. The decision by the Shyang Jhuo Yue Co Ltd shoe factory to lock out its workers is in breach […]

Yangon jute factory fires over 300 workers, claims losses

The management of a former state-owned jute factory in Yangon on Wednesday sacked over 300 workers who have been employed for over 30 years, saying they are facing losses and will shut down the facility. “Factory officials told us they have to close the factory and dismiss us because they have been suffering losses,” said […]

Suzuki launches new Swift, targets younger buyers

Suzuki Myanmar Motor Company yesterday launched its latest generation Suzuki Swift in the country. The new Suzuki Swift is the Japanese car maker’s global flagship compact car and the third generation of the model which was assembled locally under the semi-knocked-down system. Since 1998, Suzuki has operated a factory in South Dagon township, Yangon. Earlier […]

Yangon’s new town plan expected to create about 900,000 job opportunities

The intended area for Yangon’s new town plan will cover up to 168,000 acres, and 20,000 acres of which will be used for the first phase and it is expected to create about 900,000 job opportunities, accord to the Socio-Economic Mater Plan of New Yangon Development Company. New Yangon Development Company (NYDC) hired top management […]