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Tag: bangladesh
Minimum Wages in Apparel Manufacturing Countries: Bangladesh vs other origins (Statistical Report)
2018-09-25 20:21:46| EmergingTextiles.com
Bangladesh has officially announced a 51% rise of its minimum wage at apparel plants, effective from December 1st. This sudden surge in its labor costs should however be rapidly digested by domestic exporters, thanks to higher productivity levels. In addition, minimum wages had not been raised for five years in Bangladesh, whereas being significantly increased in rival countries. Currency variations are also limiting the impact of higher wages in local currency terms. Our report displays minimum wages in low-cost apparel manufacturing countries in Asia, from January 2015 to last quarter 2018, in local currency and US$ terms. A 3-year comparison is available in local currency terms, fixed US$ terms, and current US$ terms.
Tags: report
minimum
countries
apparel
Brands urged to appeal against "outrageous" Bangladesh wage
2018-09-24 12:47:00| Daily apparel & textile news and comment - from just-style.com
Campaigners have expressed outrage at the Bangladesh Government's decision to raise the minimum worker wage by 51% to BDT8000 (US$95) per month - half what the IndustriALL Bangladesh Council (IBC) had been seeking - and are now calling on brands to step in.
Tags: brands
appeal
bangladesh
wage
Minimum Wages in Apparel Manufacturing Countries: Bangladesh vs other origins (Statistical Report)
2018-09-21 20:22:09| EmergingTextiles.com
Bangladesh has officially announced a 51% rise of its minimum wage at apparel plants, effective from December 1st. This sudden surge in its labor costs should however be rapidly digested by domestic exporters, thanks to higher productivity levels. In addition, minimum wages had not been raised for five years in Bangladesh, whereas being significantly increased in rival countries. Currency variations are also limiting the impact of higher wages in local currency terms. Our report displays minimum wages in low-cost apparel manufacturing countries in Asia, from January 2015 to last quarter 2018, in local currency and US$ terms. A 3-year comparison is available in local currency terms, fixed US$ terms, and current US$ terms.
Tags: report
minimum
countries
apparel
Bangladesh government urged to smarten up logistics to attract trade
2018-09-19 13:17:00| Daily apparel & textile news and comment - from just-style.com
The Bangladesh Government is being urged to improve the logistical efficiency of the country - in particular connectivity to ports and roads - if it hopes to capitalise on domestic and international trade opportunities.
Tags: government
trade
bangladesh
logistics
Bangladesh urged to smarten up logistics to attract trade
2018-09-19 13:17:00| Daily apparel & textile news and comment - from just-style.com
The Bangladesh government is being urged to improve the country's logistical efficiency - in particular connectivity to ports and roads - if it hopes to capitalise on new domestic and international trade opportunities.
Tags: trade
bangladesh
logistics
attract
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