Irrawaddy-July 15

Myanmar’s CMP (cut, make and pack) garment factories are struggling due to the lack of orders from the European Union, the major market. In January, the majority of clothing factories were forced to stop running overtime due to dwindling stocks. Around 90 percent of supplies came from China, which were blocked because of coronavirus, and the rest came from Indonesia, Vietnam, Thailand and South Korea. Many factories have reduced working hours and cut jobs, while some have permanently or temporarily shut down. Some factories have not received orders or even price enquiries since March, according to the Myanmar Garment Manufacturers’ Association (MGMA).

Read more at: https://www.irrawaddy.com/news/burma/myanmars-garment-sector-facing-implosion-orders-slump-covid-19.html