CMP garment exports drop by $176 mln in first month of 2020-2021FY

Myanmar’s garment export sector, which constitutes over 20 percent of overall export value, showed a steep drop of US$176 million in October of the current financial year, according to the data released by the Ministry of Commerce. In October of FY2020-2021, the country exported $203.95 million worth of garments to foreign countries. The figure plunged […]

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 […]

Myanmar apparel exports may double by 2020

Myanmar’s apparel exports are expected to more than double to $4 billion by 2020 owing to the favourable government policies and low labour costs in the country, according to industry insiders. One of the reasons for this is the high wages and relatively higher cost of production in countries like Vietnam, India, China, and South […]

SMART Myanmar launches 2nd phase of European Union funded project

SMART Myanmar held a kick-off launch event on 19 January at the UMFCCI with approximately 200 guests from factories, embassies and other stakeholders, according to a press release on the 20 January. More than 200 guests gathered at the UMFCCI on Tuesday to listen to speeches by the Ambassador of the European Union, Mr. Roland […]

Garment code to boost buyers’ confidence

Garment industry manufacturers met with European Union company representatives on March 24 to talk over enacting an apparel industry Code of Conduct, a social compliance step that could placate international buyers. The roundtable discussion came as part of a weeklong study mission by an EU trade delegation of 16 brands, a press release said. Members […]