The gold industry and the government agreed, in principle, to establish a gold exchange under then-president U Thein Sein’s tenure. Over the last year, the National League for Democracy-led government and industry associations have been seeking to set up an exchange market where gold and metal could be freely traded in one place. In the […]
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 […]
Myanmar garment industry expects to earn over US$2billion through exports
June 9, 2016 by
THE export value of the Myanmar garment industry is expected to reach over US$2billion according to the Myanmar Garment Entrepreneurs Association. Entrepreneurs from member nations of the European Union have aims to invest in companies belonging to the MGEA, it has been learned. Garment factories in the country are required to maintain worker’s rights and […]
