Myanmar’s garment sector has been faced the hardship due to the impact of coronavirus pandemic

The cut-make-pack (CMP) garment sector in Myanmar has been hit hard by the coronavirus impacts amid the global demand slump, said an official of Myanmar Garment Manufacturers Association, state media reported.

Supply chain disruptions and cancelling customer orders following the coronavirus outbreak hurt the global textile industry. Similarly, the CMP garment sector which contributes to 30 per cent of Myanmar’s export sector is bracing for downward trend owing to the cancellation of orders from European countries and suspension of the trade by western countries amid the pandemic.

Exports of garments manufactured under the cut-make-pack (CMP) system were valued about US$4 billion around the past eleven months in the current financial year 2019-2020, said an official of the Ministry of Commerce.

(Mizzima: http://www.mizzima.com/article/myanmars-garment-sector-hit-hard-covid-19-impact )

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