fbpx

‘Myanmar manufacturing lifted by higher output, new orders and jobs’

Ihs Markit, a London-based information provider, says that Myanmar’s Manufacturing Purchasing Manager’s Index (PMI) has been lifted by sharper growth of output, new orders and jobs. The business information provider said this in a press statement issued on Monday. The release said, “Business conditions in Myanmar’s manufacturing sector improved at the start of 2020, according […]

New investments in Yangon to create over 2740 jobs

Yangon Region Investment Committee allowed eight local and foreign investments which can create 2,749 jobs for locals. Yangon Region Investment Committee held its 15/2019 meeting on September 13, attended by Yangon Region Chief Minister Phyo Min Thein and other government officials. At the meeting, the committee granted the permit to seven foreign investments worth 6.956 […]

Myanmar on path to meet $10-bn garment export target: MGEA

Myanmar’s garment sector is on track to meet a target of $10 billion in exports, according to the Myanmar Garment Entrepreneurs Association (MGEA), which had laid out the target and a goal to create one million jobs under the Myanmar Garment Industry Strategic Plan 2014-2024. Export figures rose from $800 million in 2015-16 to over […]

In sleepy Mawlamyine, Myanmar youths can’t wait to leave as city becomes shadow of its former self

Mawlamyine (or Moulmein) in Myanmar is one of those Southeast Asian cities like Sandakan (Malaysia), Bacolod (Philippines) and Songkhla (Thailand) – where the past looms large but the present seems faded and unpromising. The kinds of places that young people yearn to leave in search of jobs and money. Home to just under 300,000 residents, […]

Myanmar agrees smaller deal for China-backed port after ‘debt-trap’ concern

YANGON, Nov 8 (Reuters) – Myanmar on Thursday signed an agreement with China’s state-run CITIC Group to begin work on a deep-sea port in the west of the country, after negotiations that saw the initial phase of the project scaled back over fears of a “debt trap”. Myanmar Deputy Minister of Planning and Finance Set […]

IFC, UMFCCI work to improve food safety in Myanmar

IFC, a member of the World Bank Group, signed an agreement with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) to help food sector companies address and improve food safety practices. Another goal is to develop the country’s agribusiness sector to increase exports, draw investments, and generate jobs. According to IFC, […]

Online Group Invests in New Recruitment Website

Internet holding company MMOne Online Group has launched a new job website, Jobnet.com.mm, in a bid to tap the rapid growth of online recruitment in the human resources and corporate sectors. The company claims that its website allows users to easily find jobs in various categories such as engineering, sales, marketing, finance or HR from […]

50pc of Yangon Job Seekers Now Search Jobs Online

In surveying over 150 job seekers who came to fill out CVs at our booth at Opportunity Journals’ Job Fair two weeks ago, Work.com.mm collected and learned some interesting and revealing facts: 50 percent had exclusively browsed for jobs offline, 25 percent browse exclusively online, and 25 percent do a combination of both on and […]

MIC should focus on investment that creates jobs: economists

The Myanmar Investment Commission (MIC) needs to prioritise investment that creates more JOBS, economists told the Myanmar Global Investment Forum in Nay Pyi Taw on September 16. “The aim of this forum is to ensure a foreign investment boom,” Energy Minister Zeya Aung said, noting that the forum was the third one organised by the […]

Thilawa SEZ urged to provide local jobs

Civic organisations have urged developers of the the Thilawa Special Economic Zone to provide job opportunities to local residents from the area. Members of the Responsible Business Group met with Thilawa SEZ developers during an environmental assessment on July 25 where they urged them to keep their promises to create employment. “We are asking for […]