Myanmar Garment Manufacturers Association MGMA announced that more than 250 garment manufacturers who failed to pay their membership fees have been suspended from their membership.
"Membership fee is something that any association in any industry has to pay. Now, rather than failing to pay the annual fee, they will be terminated as a member because they do not cooperate with the association. Those who are actually working in the garment industry will not fail," said a businessman.
It is also known that MGMA has a total of 819 members, and 254 member entrepreneurs have failed to pay their annual dues and have no contact with the association.
According to the statement, the association has repeatedly sent notices to these entrepreneurs to pay the annual membership fee until 2022, but they have not paid and there has been no contact with the association, so they have been suspended from membership.
"Approximately 250 garment factories have ceased operations due to their inability to sustain ongoing activities. The economic landscape is experiencing a decline, and international prospects are also diminishing. Those enterprises that have managed to persevere owe their resilience to their unwavering dedication and diligent work ethic. A friend of mine is operating a piecework seamstress and he too is struggling," said an entrepreneur.
Businesses who fail to pay membership fees will be suspended from membership starting October 9th, and if they wish to remain members, they will be required to pay back the annual fee arrears.