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Unions agree proposed Cambodia minimum wage

2015-09-30 15:26:00| Daily apparel & textile news and comment - from just-style.com

A group of independent and pro-government trade unions has agreed on a proposal for a new US$168 monthly minimum wage in the Cambodian garment sector, although talks are still underway with employers.

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Minimum Wages in Apparel Manufacturing Countries (Statistical Report)

2015-09-22 18:04:50| EmergingTextiles.com

Minimum wages have been raised in a large number of low-cost countries this year, including Myanmar, Laos, Pakistan, Vietnam, Sri Lanka, etc. New adjustments are also being negotiated or already planned for the start of next year. The low inflation rates do not limit the growth in minimum salaries, as a clear sign that political powers are now unable resisting requests from trade unions for a better life at apparel plants. Our report includes a comprehensive list of manufacturing countries, with the new level of minimum wages in September 2015 in US$ terms, compared with January 2014 and January 2015.

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Yili's Oceania Dairy sets minimum 2015-16 milk payout well above Fonterra forecast

2015-09-21 07:27:11| Food - Topix.net

Oceania Dairy, the South Canterbury-based dairy company controlled by China's Inner Mongolia Yili Industrial Group, has set a guaranteed minimum milk payout for its suppliers this season at $4.50 per kilogram of milk solids, or 65c more than Fonterra Cooperative Group plans to pay. "With Fonterra reducing its forecast payout for the season to $3.85, we wanted to send an important signal of support and partnership to our supply farmers," said Roger Usmar, Oceania's general manager.

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Satisfaction of the Minimum Condition of ASE's Tender Offers for SPIL's Common Shares and ADSs

2015-09-18 07:55:38| Semiconductors - Topix.net

As the minimum condition has been satisfied, subject to and in accordance with the terms of the ROC Offer and the U.S. Offer, ASE will pay time. We urge holders of SPIL shareholders who would like to participate in the tender offers to tender your Common Shares or ADSs as soon as possible before the relevant expiration date.

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Vietnam apparel industry calls for lower minimum wage

2015-09-03 15:34:00| Daily apparel & textile news and comment - from just-style.com

Vietnam's textile and apparel industry is calling for a lower minimum wage to be set after a consensus was reached for a 12.4% increase to take effect from January 2016.

Tags: industry lower minimum apparel

 

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