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Garment factories shutter on rising wages, land leases

A total of 14 factories in Yangon’s industrial zones may cease operations within the next two months due to the rising cost of land and employees. Most of the factories are run by garment manufacturers. The shuttering of the factories could leave over 3000 jobless, said Daw Sandar Min, regional representative in Yangon and chair […]

Yangon’s struggling industrial zones need support: interview

Yangon’s industrial zones have been left largely to fend for themselves while the government focuses instead on trophy projects such as a new special economic zone at Thilawa, says U Myat Thin Aung, chair of Hlaing Tharyar industrial zone. Almost all the infrastructure that keeps factories functioning, including electricity, roads and sewers, is provided by […]