SEEKING to build on the rapid growth in trade between Taiwan and Myanmar, industry bodies from the two sides have signed two memorandums of understanding at a Taiwan-Myanmar Industrial Collaboration Summit. Myo Thet, vice president of the Union of Myanmar Federation of Commerce and Industry (UMFCCI), said the agreements would help boost bilateral economic ties, […]
Textiles a key focus of trade push between Myanmar and Taiwan
August 3, 2018 by Thiha
Filed Under: Latest News Tagged With: a representative, agro-based food products, Central Bank of Myanmar, chairman, Chau-Chyun Chang, Cheng-Wai Yu, Chinese National Federation of Industries, Chun-Fu Chang, Deputy Director General, deputy general director, Directorate of Investment and Company Administration, former deputy governor, Industrial Technology Research Institute’s industrial economics, KBZ Bank Ltd, memorandums of understanding, Ministry of Commerce, Myanmar, Myanmar Garment Manufacturers Association, Myint Soe, Myo Thet, senior consultant, Taipei Economic and Cultural Office, Taiwan, Taiwan-Myanmar Industrial Collaboration Summit, Taiwan’s Industrial development Bureau, Taiwanese businesses, Technology, textiles, Than Lwin, UMFCCI, Union of Myanmar Federation of Commerce and Industry, Vice-President
Myanmar opts for domestic power generation
August 24, 2017 by Thiha
Plans are underway to generate electricity from local power plants even though China, Thailand, Laos and India have offered to sell their electricity to Myanmar, a senior official of the Ministry of Electricity and Energy (MOEE) said. Details on arrangements to buy electricity from other countries have yet to be made available, and is not […]
Filed Under: Latest News Tagged With: agreements, Aung Ko Ko, China, domestic power generation, economist, electricity, Electricity Consumption, electricity demand, Electricity Shortage, electricity tariffs, India, Japan International Cooperation Agency, Laos, major power source, megawatts, Ministry of Electricity and Energy, MOEE, MOEE deputy permanent secretary, Myanmar, Myanmar Times, Myint Soe, National Electricity Master Plan, natural gas, Plans, Thailand
MACCS Border Trade System to Launch at Myawaddy Gate Next Year
June 1, 2017 by thiha
The Myanmar Automatic Cargo Clearance System (MACCS) will be implemented at the Myawaddy Border Gate next year to speed up the flow of trade at the country’s second largest overland trade point, according to an announcement by the Customs Department. The scheme to upgrade the checking system at the gate from manual to digital was […]
Filed Under: Latest News Tagged With: ASEAN Single Window System, China, Customs De-partment, Deputy Secretary at the Ministry of Commerce, Japan In¬ternational Cooperation AgencyJICA, Kayin State Myawaddy Town¬ship, MAC¬CS, Myawaddy Border Gate, Myint Soe, The Myanmar Auto¬matic Cargo Clear¬ance System, The Myawaddy Gate
Clothing industry looks for favoured status
May 12, 2017 by Thiha
The Myanmar Garment Entrepreneurs Association says it is working for MFN (most-favoured nation) status so that the CMP (cutting, making and packaging) clothing industry can receive tax reliefs. Myint Soe, chair of the association, said: “I have submitted a plan to ensure the country gets MFN status when CMP products are exported to the US. […]
Filed Under: Latest News Tagged With: China, Clothing industry, CMP, eu, Germany, Japan, Khaing Khaing Nwe, korea, MFN, MGEA, Myanmar Garment Entrepreneurs Association, Myint Soe
Ministry to Develop Specialized Textile and Garment Zone
February 9, 2017 by thiha
The union minister for industry has said that 127 acres of land in No.1 Garment Factory located in Shwe Taung, Bago Region, will be transformed into a Specialized Textile and Garment Zone (STGZ). Khin Maung Cho, said the ministry will invite potential local and foreign investors to develop the zone to manufacture high quality […]
Filed Under: Latest News Tagged With: Bago Region, garment factory, Garment Zone, Khin Maung Cho, Myanmar Garment Association, Myint Soe, Shwe Taung, Specialized Textile, STGZ, The Union Minister for Industry
Gap’s entry to Myanmar could bring more good tidings, MGMA says
June 12, 2014 by thiha
Gap’s entry into Myanmar could attract more foreign buyers into the fledgling garment industry, thus improving work conditions and increasing employment for workers, the chairman of Myanmar Garment Manufacturers Association (MGMA) said on Monday. Retail giant Gap Inc announced on Saturday that they have started sourcing products from two South Korean-owned factories in Yangon, making […]
Filed Under: Latest News Tagged With: create, Exports, Foreign Buyers, GAP, garment industry, H&M, investors, job opportunities, MGMA, Myanmar Garment Manufacturers Association, Myint Soe
Garment industry to increase foreign investment
March 5, 2014 by thiha
YANGON – The Myanmar Garment Manufacturers Association (MGMA) expects the garment industry to gain US$ 1.5 billion in foreign investment by 2015 if political reforms continue. Enterprises that deal in cutting, making and packing are creating job opportunities as foreign investment grows in the garment sector. Garment exports made record earnings with US$ 1.1 billion […]
Filed Under: Latest News Tagged With: chairman, China, eu, Garment Exports, Generalized System of Preferences, GSP, Hong Kong, Increasing, Japan, korea, MGMA, Myanmar Garment Manufacturers Association, Myint Soe, U.S
