The 2016 Oct 28 publication of the Global New Light of Myanmar reported that the CMP garment industry exported US $ 2 billion worth of goods for 2016. It was 1.56 US $ billion in 2015. And, on 28 October 2016 the Commerce Ministry stated that up to 2016 September 9, the garment export reached […]
Sakura garment factory strike ends with negotiations
The strike at Sakura garment factory is finally over, two months after it began. The truce required the intervention of lawmakers to negotiate a reduction of daily production targets. “Now, we have all returned to work at the factory,” said Ma Thuzar Win, a sewing operator. “Factory officials agreed to pay us our wages again […]
Government backtracks on vehicle import policies
Bowing under pressure from dealers and sellers, the government has relaxed its new vehicle import policies for the coming year. The changes will come as a relief to importers, who had deemed policies announced in mid-December too strict, and had asked President U Thein Sein to consider an amendment. The unpopular regulations announced in December […]