Myanmar’s garment sector told to diversify

Myanmar’s garment sector needs to diversify its market due to dwindling orders as a result of the current COVID-19 situation, said the general secretary of the Myanmar Garment Entrepreneurs Association. Daw Khaing Khaing Nwe said that Myanmar’s garment sector must try to expand the market to overcome challenges brought on by the current pandemic, especially […]

Bestseller to limit COVID-19 in Myanmar garment sector

Denmark-based clothing company Bestseller has joined forces with German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) to reduce the risk of COVID-19 spreading in Myanmar’s textile and garment industry. GIZ is a development agency focused on international cooperation that is owned by the German government. Together with GIZ and as a member of […]

The EU’s Tariff Threats Against Asia’s Autocrats Risk Backfiring

The European Union is threatening to slap tariffs on Asian leaders who abuse their power, a move that risks upending several key garment-producing nations in the region. Last month, the EU told Cambodia it would start the process of withdrawing tariff-free access for most goods under the “Everything But Arms” initiative, saying its July election […]

Myanmar urged to fix key issues for industrial revamp

MYANMAR’S potential to become a regional investment hub would be realised only if the government manages to address major challenges businesses are facing in the nation, a banking expert has warned. Than Lwin, a senior consultant at KBZ Bank Ltd and former deputy governor of the Central Bank of Myanmar (CBM) stressed the importance of […]

CMP garment’s export earnings up $ 382 m

Garment sector earned US$ 759.172 million from exports of CMP garment, up US$ 382 million from the same period last year, according to the Commerce Ministry. Khin Maung Lwin, assistant permanent secretary of the Commerce Ministry said: “Last year, export earnings from the CMP garment sector reached US$ 377.031 million.” The Commerce Ministry has prioritized […]

Myanmar govt launches garment workers’ safety guidelines

The government of Myanmar has introduced some health and safety guidelines for workers in the garment sector in order to improve the working conditions of the employees. The guidelines have been launched by the country’s ministry of labour, immigration and population and includes instructions for handling machines, equipment and chemicals. The labour ministry along with […]

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 […]

Myanmar’s largest Chinese-invested garment company launches new factory

YANGON, Oct. 27 (Xinhua) — Myanmar’s largest Chinese-invested garment company launched a new factory in Yangon on Friday. Myanmar SUMEC Win Win Garments Co., Ltd, Myanmar’s largest exporter in garment sector, and a branch of SUMEC Textile and Light Industry Co., officially started operating a new factory in Shwe Pyi Thar Industrial Zone in Yangon. […]

Industry, govt hit back at garment factory report

DURING a news conference held by garment businesses on October 4, the Yangon regional government asked ActionAid Myanmar to revise its report about safety standards for women working in garment factories, calling the report inaccurate. In response to ActionAid’s report, an inspection tour of the factories mentioned in the report was made by Yangon Region […]

Garment sector earned nearly US$400 million

Myanmar earned nearly US$400 million from garment sector exports in the past three months, according to the official figures of the Commerce Ministry. This represents a $100 million increase over the same period last year. Following the lifting of European and American economic sanctions, Myanmar’s garment industry is growing. Currently, Japan and European countries are […]