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Global brands face growing labour militancy in AsiaDhaka (AFP) Sept 19, 2010 Global retailers fleeing China's rising labour costs now find themselves facing growing pressure for higher wages in countries from Bangladesh to Cambodia, Vietnam, India and Indonesia. The latest sign that workers are becoming more militant in their demands for a larger share of the region's economic success came in Cambodia last week, when tens of thousands of workers went on strike. The mass protest rejecting a proposed 20 percent pay increase crippled Cambodia's export-orientated garment ind ... read more |
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US drone strike kills six militants in Pakistan: officials
Miranshah, Pakistan (AFP) Sept 12, 2010A US missile strike Sunday killed six militants in Pakistan's northwestern tribal belt near the Afghan border, as a suicide bomber died in a failed attack in Pakistan's Kashmir, officials said. Pakistan has seen a sharp spike in US drone strikes in its rugged northwestern tribal region in recent days, amid a surge in suicide attacks and bombings across the country. The Pakistani Taliban ... more Bangladesh court bans ship-breaking yard leases
Dhaka (AFP) Sept 10, 2010Bangladesh's high court has banned the lease of coastal land to ship-breaking yards, a lawyer said Friday, in a ruling welcomed by environmentalists who say the industry destroys fragile eco-systems. About a third of the world's condemned ships are dismantled at about 100 sprawling shipyards on beaches leased from local authorities along Bangladesh's southeastern coastline. "The court ha ... more India says US protectionism is regressive
Bangalore (AFP) Sept 11, 2010India's trade minister lashed out at perceived protectionist moves by the US on Saturday, calling them "regressive" and saying they could delay economic recovery. The statement by Trade Minister Anand Sharma came after the state of Ohio banned outsourcing back-office jobs to places such as India in an effort to boost domestic employment. It also follows a recent US law raising visa fees ... more |
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Bangladesh exports soar as orders shift from China: industryDhaka (AFP) Sept 8, 2010 Bangladesh said Wednesday exports leapt more than 25 percent year on year in July, with manufacturers linking the jump to a shift in orders from China to the low-cost South Asian country. In July, the first month of its financial year, Bangladesh shipped 1.82 billion dollars of goods - the highest export figure in the country's 40-year history, the Export Promotion Bureau said. This was due to a sharp rise in apparel exports as firms chose to buy from Bangladesh instead of China in a bid to kee ... read more |
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