‘EU to continue engaging with Myanmar under EBA trade-preference initiative’

The European Union (EU) says it will continue to engage with countries, including Myanmar, that fall under its Everything But Arms (EBA) trade initiative. EBA is an initiative under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments. The initiative is part of the […]

Myanmar’s garment industry receives growing foreign investment

Along with the rise of foreign investments, the employment rate in the industry has also increased. “MIC has noticed that the garment sector received most of foreign investments in the last six months. Another sector which enjoyed growth during the period was manufacturing,” said Khine Khine Nwe, a n MIC member at a recent forum […]