Myanmar’s workers, employers clash over minimum wage

YANGON — Myanmar’s garment manufacturers have signaled their opposition to a proposed national minimum wage of just over $3 per day, saying the increase could force factories in the vital industry to close. “With that wage, businesses cannot survive,” said Khine Khine Nwe, secretary general of the Myanmar Garment Manufacturers Association, which represents 280 factories […]

American Chamber of Commerce to Launch Myanmar Chapter

The American Chamber of Commerce (AMCHAM) will launch a Burma chapter at the end of the month, another signal that businesses from the United States are showing a greater interest in a country that was off-limits to most American investors until-mid 2012. The launch event will take place at Rangoon’s Chatrium Hotel on Oct. 31 […]

Myanmar’s garment industry receives growing foreign investment

Along with the rise of foreign investments, the employment rate in the industry has also increased. “MIC has noticed that the garment sector received most of foreign investments in the last six months. Another sector which enjoyed growth during the period was manufacturing,” said Khine Khine Nwe, a n MIC member at a recent forum […]

Myanmar to start garment export to US in June

Garment factories in Myanmar are preparing to make their first shipments to US next month, according to Myanmar Garment Entrepreneurs Association. “Now, some garment factories here will export to US in coming June. Some are ready and some are still preparing. After President [Thein Sein’s] trip to US, we have received more enquires from US […]