Our Videos

April 27, 10

NEWS / Recession shows need for Cambodian garment factories to diversify


27 April 2010 – The global downturn has shed light on the need for Cambodian garment factories to both expand and diversify their markets to include those in Asia to reduce reliance on those in the United States and the European Union, according to a new report by the United Nations labour agency.

Nearly 90 per cent of the 66 factory managers surveyed reported having been adversely affected by the economic crisis, listing falling export orders, heightened pressure to reduce prices and the increased cost of inputs as the three main pressures they are facing.

The report by the International Labour Organization (ILO) said the recession has also exposed the need to look into boosting domestic demand for Cambodian garments.

The industry is almost entirely owned by foreigners and is export-oriented, and factories hire, on average, 700 workers and specialize in one of the following areas: T-shirts, jeans, pants, sportswear, underwear and pyjamas.

The ILO found that production-level workers have borne the brunt of job losses, while managers and other non-production staff have not been as severely affected.

A study released earlier this year found that factory closures or cutbacks due to reduced orders have forced many garment workers out of a job, with one in 10 unemployed workers having lost their positions two or more times last year and most still looking for work.

Today’s publication reported that only 5 per cent of factories exporting their products have provided assistance – in the form of counselling and help in securing new employment – to the workers they terminated.

It also pointed out the renewed urgency now for Cambodia to “develop a reliable and cost efficient electricity supply, for the benefit of all businesses,” including the garment industry, since high power costs are impeding the regional competitiveness of its garment firms.

http://www.un.org/apps/news/story.asp?NewsID=34501&Cr=&Cr1=

 




Testimonials

AnnaMaria Realbuto
Thank you for all your assistance and efficiency...
Read More »
Kateryna Melnychenko
Thanks a lot Anton!...
Read More »
Rani Payne
Thank you so much! I’m sure I will be in touch again with something else that will need to be apost...
Read More »
Serge Bauer Law
Thank you again for your help with this case!...
Read More »



FAQ

H-1B Petition Mailing During Cap Season
Read More »
What is a visa?
Read More »
What gives CBP the right to search me?
Read More »
My fiance (fiancee) has overstayed his/her visa before. Can he/she still come to the U.S. on a K-1 fiance (fiancee) visa?
Read More »






News

May 24, 24
Death certificate of Michigan teenage killed in police pursuit lists trauma as cause of death
Read More »
May 22, 24
Premature baby born to US couple finally issued birth certificate
Read More »
May 16, 24
Bureaucratic snafu with birth certificate strands young US couple with newborn baby in Brazil
Read More »
May 13, 24
Apostille Convention to Take Effect in Rwanda in June
Read More »