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Minimum Wages in Apparel Manufacturing Countries (Statistical Report)
2015-02-11 21:05:35| EmergingTextiles.com
Minimum wages are being increased in a series of Asian apparel manufacturing countries at the start of 2015. Effective implementatioin could however take time, as already observed in the last year in Bangladesh. Apparel exports could be negatively affected in countries like Cambodia, where the low labor costs are the sole advantage offered to domestic industry. In other countries like Vietnam, a new increase of minimum wages will not impact the fast development of sales to US and EU clothing markets.
Tags: report
minimum
countries
apparel
Category:Textiles and Nonwovens