USD 370 million textile zone planned for Sagaing

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Sagaing Region will soon receive Myanmar’s first textile-based industrial zone. Myanmar’s Eastern Development International and Chinese partner Dongzhan Textile Group will lead the USD 371 million project. It will include manufacturing f

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Garment exports down 50%

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Manufacturing continues to languish under COVID-19 as reports show garment exports plummeting by more than 50% for the first two months of the fiscal year. Ongoing lockdowns, stalled supply chains and low demand from foreign buyers have resulted in t

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Garment demand down 75%

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The COVID-19 pandemic has hit Myanmar manufacturing for months, especially for garments. But a new report shows that lower demand from abroad is also damaging the garment industry. Orders from Europe, normally highest in August, have sunk to barely a

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