Home / Knowledge / News / Apparel/Garments / Two more garment factories to pull down shutters
Two more garment factories to pull down shutters
25
Jul '08
CNMI will have to witness closure of two other garment factories as the United International Corp and Onwel Garment Manufacturers declares shut down in the next few months.

The Department of Labor has already received the confirmation notice from employers of both the factories. The news did not come as a surprise since the garment manufacturing industry of Saipan is anyway experiencing a fast approaching death due to rising cost of production and an array of other regulatory issues.

The downward trend in the sector was perceived from the diminishing tax collections that the Government records every year. Both user fees and export charges on shipment of garments started plummeting by millions since 1990s.

Workers in both the factories have been given prior notification about the closure. While Onwel plans to pull down shutters on August 21 after paying workers their due wages, UIC has decided to close on September 21 and has refrained from giving any information about labor payment.

Hundreds of foreign and local workers would be rendered jobless after this closure. However, workers alien to the country can apply with the Labor Department for transfer to a new job in CNMI so as to avoid repatriation to their home country.

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search