MGMA backs garment industry to boom when US sanctions are lifted

Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade fair in Yangon yesterday, U Myint Soe, chair of […]

Garment industry expected to earn US$10 billion from export in a decade

The export value from the garment industry under Cutting-Making and Packing (CMP) system is expected to fetch up to US$10billion in a decade, it is learnt from Myanmar Garment Manufacturers Association (MGMA). “We expect garment industry to be in operation with 1,500 factories in 2025, with a total labour force of one million. To meet […]

Chinese garment firms eye Myanmar as low-cost hub

Thanks to soaring production costs in China coupled with surge in labour wages, Myanmar’s garment sector is emerging as the last low-cost production frontier for factory relocation and diversification in Southeast Asia. This, together with the difficulty in hiring garment workers and the Chinese government’s policy of upgrading its manufacturing sector with a strategic shift […]

Garment factory to be auctioned after owner disappears

A Taiwanese-owned garment factory of dubious legal standing has gone dark after the owner ran away in the midst of financial trouble, according to Yangon labour officials. Patrick Yan, owner of the UniPolar factory in Hlaing Tharyar township, was reported to local authorities by his employees who said he had failed to pay overdue wages […]

Myanmar adds new factory per week as textile sector booms

The international textile sector has discovered Myanmar. Low wages, plentiful labour and an image problem in neighbouring Bangladesh after the 2013 Rana Plaza building collapse have all boosted the emerging country’s chances. Yangon- Green collars piled to one side, white polo shirts to the other – the young woman handles them with practised ease, creating […]

Garment industry disputes mean fewer orders and worried factory owners

Labour disputes in the garment industry, a main driver of Myanmar’s growing exports, have had a serious impact on orders from abroad and risk scaring away foreign investors, according to South Korean officials and sector representatives. Disputes over workers’ demand for higher wages affected output at two South Korean factories and three Chinese-owned enterprises in […]

Two years after the government passed a law to set a minimum wage, it still has not come into existence.

The issue has been a source of tension particularly in the garment industry, with a number of strikes so far this year revolving around issues of wages and overtime. Yet experts say it has been a difficult process to put a minimum wage into place, with the topic more complex than it first appears. “We […]

Myanmar an option for Indian textile entrepreneurs

Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since the lifting of economic sanctions by Western nations in 2012, after a gap of 15 years. Today, it employs over 250,000 […]

Myanmar garment industry gets ‘Code of Conduct’

The Myanmar Garment Manufacturers Association has published the country’s first ever Code of Conduct, in a move that aims to set out responsible and ethical business practices for its growing apparel industry, reports Just Style magazine on February 2. MGMA, which represents around 300 member companies, drafted the code that was released on February 2 […]