Rakhine and wage issues weigh on Myanmar Garment Industry

  Rakhine and wage issues weigh on Myanmar Myanmar’s garment exports may be thriving, but the on-going issue in the Rakhine State and rising wages are the latest shadows on the horizon. The garment sector is a jewel in newly-democratic Myanmar’s export crown; now the second largest revenue earner after natural gas. Yet all too often […]

Myanmar makers confident despite sector slowdown

The Myanmar apparel export industry continues to grow, but at a slower pace than last year as a result of added political risk from the persecution and abuse against Rohingya Muslims on the border with Bangladesh, which has received widespread international condemnation. Despite this, the sector is confident garment exports will likely exceed US$3bn in 2018, and footwear will […]

New Minimum Wage Brings Trouble to Garment Industry: Garment Association President

The new minimum wage is causing trouble for the garment industry, U Myin Soe, President of Myanmar Garment Manufacturers Association, said during a press conference held on July 10 at UMFCCI. “We all know that the new minimum wage is now set at K4,800. It’s a 33 percent hike compared to the previous wage of […]

Yangon clothes factory blames closure on rising operating costs

A garment factory with over 400 workers has closed in Yangon due to rising operational cost, a company statement said. Seduno (Myanmar) Fashion Co Ltd in Hlaing Tharyar Industrial Zone announced on Saturday it was facing difficulty keeping the business running because of a decline in production, delays in exporting their products and a hike […]

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 […]