Myanmar garment units face closure due to rising costs

2018/08 08 13:08

Fourteen factories, mostly garment units, in Yangon’s industrial zones may shut down in the next two months due to rising cost of land and staff. The closure may leave over 3,000 without jobs, according to Daw Sandar Min, regional representative in Yangon and chair of the finance, planning and economic affair committee under the Yangon […]

Reduce fuel consumption: Smart Myanmar to garment sector

2018/07 19 13:07

Smart Myanmar, a project funded by the European Union (EU), has advised garment factories in Myanmar to reduce consumption of fuel, regardless of the source. It said that it is necessary to invest in steam condensate recovery, a system that actually saves the company money in the medium term, however, companies are hesitant about initial […]

Myanmar earns $538 mn from CMP garment exports in Apr-May

2018/06 26 07:06

Myanmar has earned $538 million from cut-make-package (CMP) garment exports in April and May this year, according to the country’s commerce ministry. Such exports worth $277 million also topped the export list in the same period last year. CMP garment exports were worth $1 billion in fiscal 2012-13 and have reached $3 billion in 2017-18, […]

Garment exports from Myanmar rise

2018/01 16 12:01

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 […]

Myanmar to host Gar-Tex expo in March 2018

2017/12 22 09:12

Courtesy: Gartex The second largest country in South East Asia, Myanmar, is set to host the Myanmar Gar-Tex 2018 expo, the second international exhibition and conference on textile and garment industry for Myanmar, from March 28 to 30, 2018 at Rose Garden hotel in Yangon, Myanmar. The show will provide new business cooperation, networking, and […]

Danish project for Myanmar’s garment sector welfare

2017/12 15 03:12

A project called MYPOD was launched in Yangon recently to improve the work environment in Myanmar’s garment sector. Funded by the Danish Market Development Partnerships fund, the three-year project to be implemented in 2018 aims to generate more jobs, raise sustainable value addition, improved productivity and social dialogue in the sector. The project will be […]

Myanmar Textile and Garment exhibition from December 8

2017/12 07 15:12

Courtesy: Myanmar International Textile & Garment Industry Exhibition The sixth edition of Myanmar International Textile and Garment Industry Exhibition (MTG) will begin on December 8, 2017 and will be held in Yangon, Myanmar. The aim of the event is to meet the strong demands for new machinery equipment and fabrics made by the cut-make-pack (CMP) […]

NTGM opens garment export facility in Yangon

2017/11 20 17:11

Nordic Technology Group Myanmar Ltd. (NGTM) recently initiated operations at a new container freight station in Dagon Seikkan in Yangon that packs garments and footwear for export to Europe and the United States, according to the logistics and warehousing company. NTGM plans new such sites in Mandalay later this year and in Yangon in March […]

Myanmarese garments exports may fetch $3 bn this fiscal

2017/10 26 09:10

Export earnings from the garments sector in Myanmar are likely to exceed $3 billion this fiscal with the European Union topping the list for garment export orders, followed by Japan, South Korea and other countries, according to statistics compiled by the Myanmar Garment Entrepreneurs Association (MGEA). Garments constitute 16 per cent of its total exports. […]

Multi-stakeholder forum to decide Myanmar’s minimum wage

2017/10 12 08:10

A multi-stakeholder forum consisting of the government, employees, and representatives from labour, employers groups, and non-profit organisations will decide on the minimum wage in Myanmar. The minimum wage rule that came into effect in Myanmar since September 1, 2015, is the amount paid to workers with no experience, especially new workers. Now, the workers are […]

Myanmar govt, garment industry criticise ActionAid report

2017/10 11 07:10

The Yangon regional government has accused ActionAid Myanmar of coming out with an inaccurate report about safety standards for women working in garment factories and asked the non-governmental organisation to revise it. A joint government-industry team that inspected factories mentioned in the report found the complete opposite of what was mentioned there. In Yangon region, […]

Garments 2nd highest exports of Myanmar

2017/10 09 06:10

Myanmar earned more than $1 billion from garment exports between April and early September this year, making apparel the second leading item in the export sector, according to the country’s commerce ministry. Garments are exported to Japan, Europe, South Korea, China and the United States and exports were estimated to be worth $2 billion in […]