Bangladesh garment makers agree to raise worker wage to US$73 pm

News Tags: garment manufacturers in Bangladesh, labour unrest in Bangladesh, minimum monthly wage in Bangladesh, Minimum Wage Board panel, Prime Minister Sheikh Hasina, textile labourers in bangladesh

Dhaka
Summary: 
After days of labour unrest that forced the closure of hundreds of factories in Bangladesh, the garment manufacturers have agreed to a US$73 minimum monthly wage for the country's four million garment workers. The agreement was reached after garment manufacturers met the Prime Minister Sheikh Hasina on 13 November when she ordered them to implement the new wages recommended by the government's Minimum Wage Board panel. The panel voted to raise the minimum salaries to 5,300 taka (US$73) from 3,000 taka this month following a series of disasters in garment factories that highlighted terrible labour conditions and poor wages in thousands of units, many of which make clothing for the world's top retailers.

After days of labour unrest that forced the closure of hundreds of factories in Bangladesh, the garment manufacturers have agreed to a US$73 minimum monthly wage for the country's four million garment workers. The agreement was reached after garment manufacturers met the Prime Minister Sheikh Hasina on 13 November when she ordered them to implement the new wages recommended by the government's Minimum Wage Board panel.

http://www.sbs.com.au/news/article/2013/11/14/bangladesh-73-textile-worker-wage-deal
General
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Next designer collaboration of H&M is Moschino  
  13 Jul , 2018 Read full story  
Tirupur Exporters Association suggests textile mills to save the knitwear garment export sector as cotton yarn price increases  
  13 Jul , 2018 Read full story  
SIMA gives importance to price stabilisation fund  
  13 Jul , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button