MYANMAR’S NEW GOVERNMENT MAY EASE INVESTOR’S FEARS, BOOST TEXTILE MANUFACTURING

The opening of newly elected Myanmar parliament on February 1 will herald a month of great change for the country, leading to a new government being installed, probably in March, with potentially major consequences for the country’s textile sector. This change of regime could inspire a set of major new investments across many industries, potentially transforming Myanmar’s textile production sector from a homegrown relic into a competitive industrial player. The incoming government of the National League for Democracy (NLD) has close ties to both the Chinese ...


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