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Qatar Airways to boost Myanmar garment export

Qatar Airways Cargo has commenced direct freighter service to Yangon, Myanmar – providing more than 60 tonnes of cargo capacity on the Doha-Yangon-Doha route. The carriers acting chief officer Cargo, Guillaume Halleux, said: “We are delighted to launch our eighth freighter destination for 2017, in line with our strategic expansion to our network and fleet. […]

Vietnamese garment industry faces fierce competition from China, Myanmar

Competition in the world garment market is forecast to be stiffer, not only with China but also with countries such as Myanmar and Cambodia as they increase competitive pressures on Vietnamese products. The information was announced at a seminar on the prospect of garment exports in 2018 held in Ho Chi Minh City on November […]

More FDI essential for substantial increase in garment exports

The study called for an expansion of training in the garments sector to tackle shortages of high-level skill as well as complementary reforms in finance and trade policy. The briefing paper Foreign direct investment and economic transformation in Myanmar, written by Stephen Gelb, was published in June 2017 by Supporting Economic Transformation (SET). Funded by […]

Garment industry to increase foreign investment

YANGON – The Myanmar Garment Manufacturers Association (MGMA) expects the garment industry to gain US$ 1.5 billion in foreign investment by 2015 if political reforms continue. Enterprises that deal in cutting, making and packing are creating job opportunities as foreign investment grows in the garment sector. Garment exports made record earnings with US$ 1.1 billion […]