Contract Manufacturing Archives

Thura NewsViews

Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss

Factory closures and lay-offs put over 65,000 out of a job

“A total of 65,707 workers lost their jobs when factories closed or suspended operations and laid off workers amid COVID-19. Most of the affected factories were involved in contract manufacturing,” said an official of the regional ministry of Imm

Nissin Electric shifting production to Myanmar from Thailand, Vietnam

Nissin Electric relocates plants to Myanmar

Metal parts and equipment maker Nissin Electric Co of Japan will build a plant in Myanmar, relocating some manufacturing processes from Thailand and Vietnam. According to an article in the Bangkok Post, the move is to cut labor costs in its contract

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …