06:08:45 local time PHILIPPINES
* US trader found dead inside own factory:
POLICE are determining if there was foul play in the death of a businessman and green card holder inside the bodega of his shoe factory in Marikina City.
Senior Supt. Gabriel Lopez, Marikina chief of police, said the victim, Conrado Danilo Arevalo, 58, was discovered dead with bullet wounds on the head at about 3:45 a.m. inside his shoe factory on Pines St., Midtown Subd., Bgy. San Roque, by his daughter Anica, 31.
According to Anica, his father was about to leave for the United States and she was worried when he did not place a call and did not answer my calls. read more.
05:08:45 local time VIET NAM
* New garment, textile factory set up:
Tokyo Style Vietnam Hue Co last week inaugurated a US$21 million garment and textile factory in the central province of Thua Thien-Hue.
The factory, which is located at the Phu Bai Industrial Zone, has an output of 500,000 units per year, of which 70-95 per cent will be exported. to read.
05:08:45 local time LAOS
* Lao garment industry can survive European crisis:
The garment industry, one of Laos’ major export industries, will survive despite the negative impacts of the ongoing European debt crisis, according to an industry representative.
“Despite the impact of the European debt crisis, the Lao garment industry will be able to live on,” President of the Lao Association of Garment Industries, Mr Onesy Boutsivongsakd, said on Friday.
He made the comment in response to the concerns of many businesspeople and policymakers that the European crisis would hurt the Lao garment industry, as most of the garment products manufactured in Laos are exported to the European Union.
Garments are among the top five export commodities of Laos. Mr Onesy said the Lao garment industry continues to receive orders from European markets despite the crisis, as the main buyers are from Germany and France, which are largely unaffected. read more.
05:08:45 local time CAMBODIA
* Workers protest firing at Wai Full Garments:
About 500 workers from Wai Full Garments (Cambodia) Ltd in Kandal province gathered yesterday to protest Saturday’s firing of a worker who wanted to form a union, a Free Trade Union said.
FTU official Thorn Thol said that workers also wanted an US$18 monthly attendance bonus, a $1 bonus for working on Sundays and holidays, a nurse to provide treatment to sick workers, sick pay and freedom from wrongful termination.
Fired worker Eoun Samnang was sure he was a victim, saying “the factory discriminates against the union”.
According to Samnang, negotiations will take place today.
Wai Full representatives could not be reached for comment. read more.
* CCU threatens capital march:
Cambodian Confederation of Unions president Rong Chhun threatened yesterday to lead a march of more than 3,000 striking garment workers from Kandal province to the capital on Thursday if their employer refuses to meet their demands.
“[Workers] have already made commitments with me to march to Phnom Penh,” he said after a meeting with them at Tai Yang Enterprises’ factory in Ang Snuol district.
“We told them that we will help them as best we can.”
The workers have five demands they want their bosses to meet. These include an increase in travel and accommodation bonuses, baby-milk bonuses and holiday bonuses of up to $15 a month each. read more.
* To read in the printed edition of the Phnom Penh Post:
* To read in the printed edition of the Cambodia Daily:
3. 4000 garment workers protest over severance pay. read more.
06:08:45 local time INDONESIA
* Indonesia’s Exported Goods Need Govt Protection:
Government was still considered not able to protect exported products affected by recently increasing trade hindrance.
The fact that can be seen from Indonesia export products which faced 16 alleged dumping cases, five safeguard and two subsidies charges, which dealt by Indonesia Government during January to May 2012 period.
Indonesian Textile Association Secretary General Ernovian G. Ismy said the government should have more proactive to protect Indonesia’s exports.read more.
* Discourse: RI can serve as a production base for Taiwan:
A high level business delegation from Taiwan last week visited Indonesia to explore trade and investment opportunities in Southeast Asia’s largest economy. Apart from bilateral trade talks, the visit included the signing of a memorandum of understanding (MoU) between Taiwan’s Chinese National Federation of Industries and Indonesia’s Association of Indonesian Employers (Apindo) with a vow to further strengthen economic cooperation.
In general, Indonesia has an abundant labor supply and labor skills are good. In terms of attitude, Indonesian workers are willing to work hard and are less demanding than other places. Indonesia is also rich in natural resources. That is very important because for any kind of investment, you will need many kinds of raw materials and Indonesia can supply them. So, Indonesia is really an ideal place.
In what areas are Taiwan’s firms keen to invest?
In the early days, investment from Taiwan mainly concentrated in the sort of traditional industry which is labor intensive, such as footwear and garments. It has now changed. Investors from Taiwan are looking into opportunities in the machinery, electronics information and communication technology, textiles, agriculture and food processing sectors.
The shift of investment from labor-intensive to the higher level is important because if we stay at that level, we cannot compete with many countries such as India, Bangladesh, or China. We are good at research and development, at technology advancement, because we spend a lot of effort and money on that. The new kind of investment will help us compete in the world market. read more.
* Indonesian Union Slams ‘Inconsequential’ Wage Revisions:
One of the country’s largest labor unions rejected on Monday the government’s “inconsequential” proposed revisions to the Reasonable Living Cost Index (KHL), and threatened to hold mass protests on July 12 if it isn’t resolved.
The KHL, on which the minimum wage is based on, considers 46 components of living costs, including rice and other basic needs.
The Confederation of Indonesian Labor Unions (KSPI), in a written statement, said that it rejected the four components to be added to the list — socks, belt, clothing iron and deodorants.
“The addition of the four items will only result in an addition of Rp 15,000 to Rp 20,000 per month [$1.50-$2],” the statement said. read more.
04:38:45 local time BURMA/MYANMAR
* High Kyat Killing Business, Say Burma’s Exporters:
Burmese businesspeople exporting agricultural products and garments say that they cannot sell their goods at the current rate of exchange, even though it has increased recently from the float-rate of 818 kyat, which was introduced by the Burmese government on April 1 in an attempt to abolish the multiple exchange rate system that had existed in Burma for decades. read more.
04:08:45 local time BANGLA DESH
* Textile technology expo begins today:
An annual international exhibition on textile and apparel technology, machinery and allied services — 13th Textech Bangladesh-2012 International Expo — begins at Bangabandhu International Conference Centre in the capital today. read more.
* RMG workers to get food at fair prices:
The government has moved to provide food items at fair prices soon to garment and knit workers, Food and Disaster Management Minister Abdur Razzak told in parliament yesterday.
The minister said a memorandum of understanding is likely to be signed soon with Bangladesh Garments Manufacturers and Exporters Association and Bangladesh Knitwear Manufacturers and Exporters Association to this end. read more.
* RMG workers stage demo for payment of wages:
Several hundred workers of a readymade garment factory at Narashinhapur in Ashulia demonstrated on Monday demanding payment of their wages.
The management had declared the factory closed amid workers unrest on the day, sources in the locality said.
Police and witnesses said the workers of Knit Asia started demonstration at the factory in the morning demanding payment of their four days wages when the factory was shut according to a decision of BGMEA and BKMEA. read more.
* Garment Labour Panel Demands Higher Wages:
Garment SramikSongramParishad, a platform of six associations of workers, demanded a minimum wage of Tk 7,000 against the backdrop of rising inflation and house rents.
They made five demands to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA). EhsanUl Fattah, secretary general of BGMEA, received the demand paper at its office in the city. They demanded formation of a wage board, 50 percent dearness allowance and food supply for all garments workers. The present wage structure is not enough against the recent price hike of essentials, and get a better life standard, they said in a statement. read more.
03:38:45 local time INDIA
* District specific programmes to keep a check on child labour:
The district specific programmes would be introduced to keep a check on child labour in the state. These programmes would be apart from the other various anti-child labour programmes already implemented in the state at various levels.
Also, from Dungarpur and Udaipur districts large numbers of children go to Gujarat to work in the Bt cotton fields. So, in these two districts, the district administration would introduce child tracking system. The district administration with the help of the education department would keep a track on children. Besides, in Alwar district, large numbers of children work in brick kilns so it require separate strategies to rescue such children, the official said. read more.
* Apparel retailers forced to go for early discount season:
A dull retail market in the month of May has forced apparel retailers like Arvind Brands and Madura to pre-pone the ‘end-of-season’ discount sales by almost a month. What used to be offered in the month of July has already begun since the second week of June. (….)
Adding to their woes of sluggish summer sales is the fact that apparel manufactures fear there will be a supply crunch in the upcoming festive season as leading mills in Ahmedabad are on strike. They are already facing a problem in procuring fabrics for making apparel since such procurement for upcoming festive season begins around this time.
“We have already been affected due to the current slowdown, going forward if the strike continues it there is a huge possibility that there will be a supply crunch in the market, specially during the festive season,” said Mehta earlier. read more.
* Kerala handloom sector may get Central govt assistance:
* Government may recast textile sector’s Rs 35,000 crore loan:
The government may throw a lifeline to the debt-laden textile sector by restructuring RS 35,000-crore loan as dipping profit margins and slowing overseas demand raise the spectre of many going out of the business.
This may be the biggest loan recast since the real estate loans rollover, after the Lehman Brothers collapse led to severe stress on their finances.
The RBI is likely to issue norms for banks soon, said a person familiar with the matter. Both the finance and textile ministries have okayed the recast plan last week, a textile industry source told ET. The ball is now in the RBI’s court, he said.
Nearly 300-odd textile units saw their raw material stock value erode due to fall in cotton prices and dip in apparel exports to Europe.
The fate of 35 million workers now hinges on the debt-recast package as the textile units are desperately looking for a two-year moratorium on repayment of principal.
read more. (1 Indian crore = 10 million)
* Pimpri-Chinchwad Municipal Corporation fails to give away cycles, sewing machines to needy:
Around 1,500 cycles, meant for girl students of municipal schools and 1,000 sewing machines for needy women are lying undistributed with the stores department of Pimpri Chinchwad Municipal Corporation.
Both items were purchased last year and were to be distributed as part of the women and child welfare schemes for 2009-10. A total of 4,243 cycles were purchased at a cost of Rs 40 lakh and . Similarly, a total of 9,040 sewing machines were purchased at a cost of Rs 2.86 crore.
PCMC had appealed to those allotted cycles and sewing machines to take them before May 30, but the response has been poor. Sahebrao Gaikwad, assistant commissioner and in charge of women and child welfare department, PCMC, said the scheme to distribute cycles to the students is to boost attendance in schools.
* 4,000 more machines to be bought:
Pimpri Chinchwad Municipal Corporation will buy imported sewing machines at higher costs even though 1,000 machines in the stores department have not been distributed to the needy.
A senior civic official said, “Earlier, the civic body bought over 9,000 sewing machines for Rs 1,200-1,300. Pedal stands required for these machines were purchased at a cost of around Rs 1,800. We found that the wood used was inferior. Later, the civic body bought the entire machine along with the pedal stand for Rs 3,000 after inviting bids and selecting the lowest bidder.”
The new machines will have enhanced functions. “The machines can also embroider, bead sarees and perform other decorative functions. The machine costs around Rs 5,000 and is imported. We want to give good quality machines which are usable in the changing times. This machine can stitch designs and help a woman earn more.” read more.
* Powerloom owners strike enters 8th day:
Indefinite strike launched by the powerloom owners (asamulu) of Sircilla textile town demanding increased wages entered the eighth day on Monday.
Following the failure of talks with the merchants, the powerloom owners have staged a rasta roko on the Sircilla and Karimnagar road obstructing the traffic for some time on Monday. The powerloom owners,producing polyester and cotton, have been demanding hike in their production wages due to increase in the production cost with the hike in power tariff and loom spare-parts.
The powerloom owners secure fabric from the merchants and produce cloth on the powerlooms. to read.
* ‘Tirupur knitwear cluster lacks enlightened leadership’:
The Tirupur knitwear cluster lacks enlightened leadership which is one of the main reasons for the industry here to plunge into the lean phase through which it traverses now, according to S. Gurumurthy, renowned chartered accountant, corporate consultant, and columnist.
“Considering the inherent strengths possessed by the apparel production chain in Tirupur over the last few decades, no one can imagine that the cluster would have fallen into the predicament in its present form,” he said.
He appealed to the entrepreneurs to give strength to the industry leadership so that Tirupur as a cluster gets rejuvenated in the shortest possible time. read more.
* THE AHMEDABAD TEXTILE MILLS STRIKES:
* Textile mill workers resume work:
Textile mills in Ahmedabad might offer interim relief of Rs 1,600 per month to the workers, as they ended the four-week strike. General secretary of the Textile Labour Association said mills such as Arvind, Ankur, Ashima and Asarwa had been positive on offering interim relief and they would negotiate for the 40 per cent wage hike later. On June 4, around 200 workers at Arvind’s Naroda plant went on strike. The plant, which employs 3,400 workers and primarily produces denim fabrics, later saw over 3,000 workers joining the strike, followed by similar strikes at Ankur, Ashima and Asarwa mills in the city. to read.
03:08:45 local time PAKISTAN
* Bullish trend on cotton market:
Prices moved higher on the cotton market on Monday on strong demand from the spinners and mills despite improved supplies following higher phutti arrivals into ginneries from Sindh and Punjab.
Floor brokers said that the Punjab variety phutti was being quoted between Rs2,700 to Rs2,800 per 40 kg and its Sindh counterpart was fetching Rs2,600 to Rs2700. Both the varieties declined by Rs200 per 40 kg. read more.