As small and medium enterprises in Myanmar are facing challenges, the Union of Myanmar Federation of Chamber of Commerce and Industry is encouraging small and medium-sized enterprises to pursue digital competency to ensure their long-term survival, a chamber executive member said in an exclusive interview. Aye Tun, vice president of the chamber’s SMEs Committee and […]
Myanmar garments to get US boost
Aung Thein, vice president of the Myanmar Industries Association and managing director of Nibban Electronics, welcomed the move, saying it would boost exports to the US and strengthen local industries. Garment factories would reap the most from the decision, he said. “For the time being, some well-known brands like H&M have been making some of […]
Myanmar looks to FDI boost
LEADING businessmen in Myanmar’s manufacturing industry expect a surge in foreign investment as the country welcomes a newly elected government, saying it would be warmly welcomed as it would help strengthen local competitiveness. In an interview with The Nation, Zaw Min Win, chairman of Myanmar Industries Association, said he foresees influx of foreign investment in […]
40 Thai subcontractors seek business in Myanmar
“All our members want to expand their markets and are willing to cooperate with companies in neighbouring countries,” said Somkiat Chupukcharoen, president of TSPA and managing director of SCC Tech Co. “We want to know more about Myanmar people and culture, etc. We must know each other first. Only then will we be able to […]
Foreigners get a taste for food investment
Myanmar Industries Association (MIA) plans to support foreign investment in food production joint ventures as they apply for permission to set up in the coming months, said its chair U Zaw Min Win. The food industry has been picking up steam on the heels of entry by large international companies including American drink makers Pepsi […]