Chinese investors eye garment sector

Chinese entrepreneurs have discussed with Yangon Region Investment Committee on the expansion of garment industry in industrial zones in Yangon, said Myo Khaing Oo, joint-secretary of Yangon Region Investment Committee. Aung Htoo, deputy minister for Commerce said: “Currently, Myanmar’s textile industry is rapidly growing. Imports of garment by the EU and Asian countries become high. […]

Cambodia’s Garment : A sector too big to fail?

Cambodia’s garment sector is the backbone of the country’s export-driven economy and employs 86 percent of all factory workers. But the sector faces threats from increasingly competitive regional neighbours, the inevitable shift to automation and the potential loss of preferential trade agreements. The stakes couldn’t be higher for the country’s economy. About 40 percent of […]

The Chicken & Egg problem – raise Minimum Wage first or Productivity?

  The decision by the National Committee for Designating Minimum Wage on January 2nd to increase the minimum wage has left many in the garment industry dissatisfied. Union officials believed that the new minimum wage of K4800 was not enough to cover the increasingly high cost of living, especially in the cities. Instead, they advocated […]

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 […]

In Yangon, one Kachin entrepreneur pursues global dreams

It has been ten years since Ko Zin Myo Htik, owner of Myanmar Gasket (MG), left his hometown in Moe Kaung city, Kachin State, for Yangon, where he is now pursuing his dream of building a Myanmar gasket factory supplying international-quality gaskets to the global market. A gasket is a mechanical seal which fills the […]

Garment manufacturing: How to navigate Myanmar’s ethical maze

As it undergoes profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after hubs for fashion sourcing. The country’s opening-up to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics […]

BSR Report – Addressing Child Labour in Myanmar’s Garment Sector

EXECUTIVE SUMMARY ‘Made in Myanmar’ is ready to make a comeback, with U.S. and EU markets newly re-opened for trade with Myanmar’s garment manufacturers  newly re-opened for trade with Myanmar’s garment manufacturers. Buyers and investors are back in Yangon looking for opportunities, attracted in part by the country’s low labor costs. However, Myanmar has spent […]

Myanmar apparel exports may double by 2020

Myanmar’s apparel exports are expected to more than double to $4 billion by 2020 owing to the favourable government policies and low labour costs in the country, according to industry insiders. One of the reasons for this is the high wages and relatively higher cost of production in countries like Vietnam, India, China, and South […]

SMART Myanmar launches 2nd phase of European Union funded project

SMART Myanmar held a kick-off launch event on 19 January at the UMFCCI with approximately 200 guests from factories, embassies and other stakeholders, according to a press release on the 20 January. More than 200 guests gathered at the UMFCCI on Tuesday to listen to speeches by the Ambassador of the European Union, Mr. Roland […]

Cambodia to share labour arbitration experiences with Myanmar

Cambodia’s Arbitration Council will share its experiences in settling labour disputes at a series of workshops in Myanmar the Khmer Times reported on 16 September. The meetings will take place in the capital as well as Yangon, the country’s largest city, according to a press release from Cambodia’sLabour Ministry. The workshops are being organized by […]