LABOUR

The fast-rising production cost in southern China has driven many Hong Kong manufacturers to relocate labour-intensive production activities to Southeast Asia. Myanmar, with its good supply of cheap labour and improving business conditions, is tipped to be the next manufacturing powerhouse in this region, especially after the smooth government transition in April 2016, thereby drawing increasing interest from foreign investors. More

China’s rising production costs have seen many manufacturers intensify their bids to relocate their production plants, particularly the more labour-intensive ones. Much attention has been focussed on locations in Southeast Asia, with each individual country offering a different set of labour and logistics market conditions and investment incentives. Hong Kong companies considering any such relocation should take note of the situation in each target territory. More