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’s Garment Sector Facing Implosion as Orders Slump with COVID-19

Yangon — Myanmar’s CMP (cut, make and pack) garment factories are struggling due to the lack of orders from the European Union, the major market. In January, the majority of clothing factories were forced to stop running overtime due to dwindling stocks. Around 90 percent of supplies came from China, which were blocked because of […]

Myanmar garments factories closed down after major orders from EU market canceled

More garment factories in Myanmar stopped operations as European Union countries, a major export market, cancelled orders last week amid the spread of the COVID-19 pandemic. The EU market accounts for 70 percent of the country’s garment export.The bad news of cancellations came shortly after the supply of raw materials from China started to flow […]

Virus outbreak could impact Myanmar garment factories by March

The Myanmar Garment Manufacturers Association (MGMA) says it fears that half the garment factories in the country may have to shut down temporarily as soon as March, due to a shortage of raw materials from China. The association announced this during a press conference at the Union of Myanmar Federation of Chambers of Commerce and […]

Myanmar’s Garment Factories Face Closure as Coronavirus Blocks Supplies

Yangon – Myanmar’s garment factories are facing the risk of shutdown as the coronavirus in China has restricted imports of raw materials, according to the Myanmar Garment Manufacturers Association (MGMA). Myanmar imports up to 90 percent of raw materials from China and the rest from Indonesia, Vietnam, Thailand and South Korea for the garment industry […]

Can Myanmar’s garment sector reach its full potential?

After a United Nations (UN) report this week branded Myanmar’s refugee problem one of the world’s worst humanitarian and human rights crises, David Birnbaum looks at the knock-on impact for the country’s garment export sector. He argues that while Myanmar is one of the few alternatives to China for high value-added, complex and difficult-to-make products, its poor […]

Rakhine and wage issues weigh on Myanmar Garment Industry

  Rakhine and wage issues weigh on Myanmar Myanmar’s garment exports may be thriving, but the on-going issue in the Rakhine State and rising wages are the latest shadows on the horizon. The garment sector is a jewel in newly-democratic Myanmar’s export crown; now the second largest revenue earner after natural gas. Yet all too often […]

Myanmar makers confident despite sector slowdown

The Myanmar apparel export industry continues to grow, but at a slower pace than last year as a result of added political risk from the persecution and abuse against Rohingya Muslims on the border with Bangladesh, which has received widespread international condemnation. Despite this, the sector is confident garment exports will likely exceed US$3bn in 2018, and footwear will […]

Researchers study impact of Myanmar minimum wage rise

As part of an ongoing programme to improve labour conditions in the garment industry, a European multi stakeholder initiative has started a research project on living wages in Myanmar. The Southeast Asian nation’s legal minimum wage increased from MMK 3600 to MMk 4,800(US$3.5) per day in May, and now Fair Wear Foundation and Dutch trade […]

Garment Industry Must Raise Value Proposition to Stay Sustainable

2017 was a strong year for the garment export sector. During the seven months between April and November, some $1.5 billion worth of garment products were shipped out of Myanmar, bound for warehouses owned by the likes of Uniqlo and Primark in Japan and Europe, according to the Ministry of Commerce (MOC). The pace of […]