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In turmoil: Workers iron and arrange clothing at a garment factory at Hlaing Taryar industrial zone in Yangon. The garment industry in Myanmar is struggling due to the Covid-19 pandemic and the ongoing military coup. Reuters
YANGON: 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 Feb 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 UN data.
Myanmar crisis sounds death knell for garment industry, jobs and hope wtvbam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtvbam.com Daily Mail and Mail on Sunday newspapers.
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(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.
FILE PHOTO: Workers iron and arrange clothing at a garment factory at Hlaing Taryar industrial zone in Yangon, March 10, 2010. REUTERS/Soe Zeya Tun/File Photo
Business had been struggling because of the COVID-19 pandemic, but after a Feb. 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 U.N. data.