Business Labour Issues Lead Story News
Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory making clothes for Swedish fashion retailer H&M, in one of the most violent labour disputes in Burma in years.
Business International Relations Lead Story News
The US government has decided to maintain most economic restrictions on Burma in an effort to punish those Washington sees as hampering the country’s newly elected government.
Business Lead Story News Trade
Catch up on all this week’s business news from Burma.
Burma has set a minimum wage of 3,600 kyat for an eight-hour work day, a move likely to boost investment in the fast-growing country’s garment industry.
Business Labour Issues Lead Story News
Clothing giant H&M has voiced their support for a standard minimum wage across Burma, as negotiations on the proposed 3,600 kyat (US$3) per day figure continue.
Business Business Weekly Lead Story News
This week in business; the wage war continues as workers rally and factories threaten closure, ‘New Rangoon’ property goes ahead and Henekin taps into Burma.
Business Labour Issues Lead Story News
Ethical Trading Initiative, Fair Labor Association say they are backed by 17 international manufacturers, including Adidas, Gap, Tesco, H&M and Patagonia.
The US Embassy of Burma released a report on Thursday voluntarily submitted by US retailer Gap Inc. detailing the compliance issues found in their two factories initially and the improvements made.
Business Business Weekly Lead Story News
BUSINESS in BURMA THIS WEEK: Govt announces goods and services for tax exemption; Thiha Group signs steel JV with Thai firm; US clothing retailer Gap to source from Burma; Hilton Hotels on the rise.
Business Lead Story News Uncategorized
Gap’s entry could attract more foreign buyers into the fledgling garment industry, manufacturers association.
US companies remain under the microscope as they navigate sanctions to invest in an opening Burma.
Clothing giant Gap Inc. has become the first American retailer to enter the Burmese market, the US embassy announced on Saturday at a signing ceremony attended by Ambassador Derek Mitchell[…]
