Unreasonably high tax and interest rates could lead to the collapse of Mandalay’s already ailing construction sector, U Shein Win, vice chair of the Myanmar Construction Entrepreneur Association (MCEA) told The Myanmar Times last Friday. Capital gains tax on the sale of a property in Myanmar is currently 30 percent, which is deterring activity in […]
H&M supply factory in Myanmar damaged in violent labour protest
March 10, 2017 by
Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory in Myanmar making clothes for Swedish fashion retailer Hennes & Mauritz, in one of the most violent labour disputes in the country in years. The month-old dispute, which also saw managers attacked, highlights the need for Aung San Suu Kyi’s […]
Myanmar police officers injured freeing hostages in factory rally
September 22, 2014 by
YANGON: Nine Myanmar police officers were injured as they sought to free officials held hostage by dozens of angry workers demanding wages and compensation after their factory was shuttered, authorities said on Thursday (Sep 18). More than 150 former staff descended on the Master Sport shoe facility on the outskirts of Yangon on Tuesday, demanding […]
Gap Audit Reveals Issues at Myanmar Garment Factories
September 5, 2014 by
YANGON — An audit conducted for clothing retailer Gap Inc. identified issues with working conditions, health and safety at two factories in Myanmar that are now producing garments for the United States-based company. Measures have been taken to address the so-called “compliance issues” at the Gap-supplying factories, according to a comprehensive new report compiled by […]
;
To see more of our client click