Thursday, November 26, 2015   

Gap to be first US retailer to sell 'Made in Burma' goods
(06-09 19:32)

High street giant Gap is to become the first American retailer to source garments made in Burma, the US embassy in Rangoon said, over a decade after sanctions against the former junta slashed the country's textile industry.
The US embassy said products made at two Rangoon factories would be in Gap stores by this summer, in the latest sign of growing interest from multinationals in the fast-changing former pariah state.
''By producing its products from two factories in Rangoon, Gap Inc becomes the first American retailer to enter the Burma market,'' the US embassy said.--AFP
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Hang Seng closes lower, Shanghai gains (11-25 16:18)
US stocks rebound (11-25 11:16)
HK stocks lower, CKI and Power Assets shares dip (11-25 11:12)

More breaking news >>

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