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 […]
Foreign Firms Tap Myanmar Meat Market
March 13, 2015 by
Meat exporters from the United States, Brazil and Japan are looking to export quality meat to Myanmar and their representatives are in talks with Myanmar’s Meat Industry Board, according to Myanmar Livestock Federation (MLF). “The United States is set to exempt tariffs on fishery or garment exports from our country and we will also have […]
Trade Website Eyes Linking Local Businesses with Overseas
February 24, 2015 by
The Department of Trade Promotion is set to launch a website to share information and market data, according to Daw Thidar Win Htay, assistant general manager of the department. “The website will facilitate local businesses in linking with overseas markets while posting regulations, policy changes and market information. As trade centres are also being developed […]
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