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Myanmar crisis sounds death knell for garment industry, jobs and hope | Money

Thursday, 08 Apr 2021 05:31 PM MYT Workers iron and arrange clothing at a garment factory at Hlaing Taryar industrial zone in Yangon in this file picture taken on March 10, 2010. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. YANGON, April 8 Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. Business had been struggling because of the Covid-19 pandemic, but after a February 1 coup that sparked mass protests and a deadly crackdown, during which his factory was set alight amid a surge of anti-Chinese sentiment, orders stopped.

Myanmar crisis sounds death knell for garment industry, jobs, and hope

Myanmar crisis sounds death knell for garment industry, jobs, and hope Apr 8, 2021 10:55 PM PHT Reuters Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. Business had been struggling because of the COVID-19 pandemic, but after a February 1 coup that sparked mass protests and a deadly crackdown, during which his factory was set alight amid a surge of anti-Chinese sentiment, orders stopped. His story is emblematic of the perilous situation facing a sector critical to Myanmar s economy, which accounts for a third of its exports and employs 700,000 low-income workers, according to United Nations data.

Myanmar crisis sounds death knell for garment industry, jobs and hope

Myanmar crisis sounds death knell for garment industry, jobs and hope
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