Garment Factory agrees to pay salary, compensation to over 700 workers after negotiation

Blue Moon Garment Factory in Kyansittha Street in Shwelinban Industrial Zone in Hlinethaya Township, Yangon Region, has agreed to pay salaries and compensation for factory shutdown to over 700 workers after selling off the factory property, said factory workers. The agreement came after a tripartite meeting between the Yangon Region government led by Chief Minister […]

Myanmar approves new foreign investments in manufacturing sector

The Myanmar Investment Commission (MIC) approved new investments from six countries in the manufacturing sector between September 1 and 20, according to MIC reports. Businesses from Japan, Thailand, Singapore, Hong Kong, South Korea and the United Kingdom won the MIC’s approval to set up garment factories, automobile assembly plants, and manufacturing for construction materials. The […]