A new batch of foreign companies will invest a collective USD 24 million to make garments and bags in Yangon. According to the Yangon Region Investment Committee (YRIC), ten companies from Myanmar as well as China, Hong Kong, Taiwan and Estonia will
Garment workers marched to Yangon City Hall on Tuesday in the latest episode of the labor rights saga within Myanmar’s garment industry. The workers from three foreign-owned factories took to the streets after the sacking of workers union leade
Japanese car manufacturing giant Toyota Group is to begin work at an assembly plant at the Thilawa Special Economic Zone (SEZ) on the outskirts of Yangon, according to an article in the Myanmar Times. An unnamed source says the company will invest â€
Hyundai has established a plant in Yangon and will assemble vehicles in the country for the first time. The South Korean car manufacturer’s local partner is Shwe Daehan Motorcar Assembly Co, according to a report in the Myanmar Times. The facto