Home / Knowledge / News / Apparel/Garments / Thai garment producers urge govt to hold back wage hike
Thai garment producers urge govt to hold back wage hike
25
Nov '11
The Thai Government has been urged to hold back the wage hike that is to come into affect soon, so as to ease the difficulties of the flood-hit garment producers in the country.

Garment entrepreneurs of the country are apprehending that new investments coming to the Thai garment industry are likely to get diverted to other Asean countries, as the recent floods have badly damaged their facilities and they are also likely to confront the issue of high labour costs next year owing to the decision of the Government to increase wages.

President of the Thai Garment Manufacturers Association (TGMA), Sukij Kongpiyacharn, said investments from the country would also get diverted to other Asean countries, which are comparatively less exposed to government policies. He added that the labour scarcity caused by floods may trouble the domestic industry in future.

Moreover, due to the impact of floods, the country's garment export growth is also likely to remain flat during the current year, he stated, and added that the hike in labour costs would especially trouble several small and medium sized firms that are affected by floods.

Meanwhile, 169 trade associations convened a meeting with the Commerce Ministry's Department of Export Promotion, Business Development Department and Intellectual Property Department and sought measures to help them overcome the effects of floods.

Most private industrialists at the meeting strongly voiced their concern that if the daily minimum wage is hiked to THB 300, it would impede the recovery and growth of the industries already ailing due to floods.

The private entrepreneurs opined that Government measures like extending fiscal support and soft loans would not prove sufficient to back rehabilitation of their industries, if they need to utilize the same to counter high cost of labour.

According to the Ministry reports, around 350,000 businesses in 31 provinces, which constitute 70 percent of the total enterprises in the country, have been hit by this year's floods.

Fibre2fashion News Desk - India


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search