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. […]
Garment Exports from Myanmar Rise
January 24, 2018 by
Myanmar exported $1.86 billion worth of products from garment units operating under the cut-make-pack (CMP) system as of the first week of January in fiscal year 2017-2018, according to the commerce ministry. The figure is $568 million higher than exports for the same period in the last fiscal. The industry has been based on the […]
Employers Reject Workers’ Call for Higher Minimum Wage
December 21, 2017 by
Dr Khin Maung Aye, a central executive committee member of Myanmar Garment Entrepreneurs Association, told the media that employers were only in a position to pay a daily minimum wage of between K4,000 and K4,200. He was speaking at a ceremony to present certificates at the Construction Central Training School in Thuwunna in Yangon on […]
Myanmar Garment Sector Sees Explosive Growth
November 9, 2017 by
European and Asian countries are increasingly placing orders for Myanmar garments, said Aung Htoo, the deputy minister for commerce at the opening ceremony of Myanmar SUMEC Win Win Garments in the Shwepyithar Industrial Zone. The local garment sector is said to be young, but it is rapidly growing and has momentum, said Aung Htoo. In […]
Myanmar CMP garment exports to touch $2.2bn in 2017
April 3, 2017 by
Cutting, making and packaging (CMP) garment exports from Myanmar are likely to fetch around $2.2 billion this year, as local companies have bagged more number of orders from the EU and Japan, according to Myanmar Garment Entrepreneurs Association. Apparel orders from the EU have especially increased after reinstatement of GSP rights by the EU. In […]
Myanmar’s Garment Sector Booming Due to Lifting of EU Sanctions
March 13, 2017 by
The garment sector in Myanmar has developed because the EU lifted economic sanctions, potentially opening up 100,000 jobs in the garment sector, state media reported quoting the Myanmar Garment Entrepreneurs Association (MGEA). “Previously, there were only 300 garment factories in Myanmar. Now, there are over 400 garment factories in Myanmar thanks to the lifting […]
;
To see more of our client click 