$US14 million lost from strikes
September 19, 2010 Leave a comment
MONDAY, 20 SEPTEMBER 2010 00:17
NGUON SOVAN
THE PHNOMPENHPOST
GARMENT worker strikes cost the industry US$14 million last week due to production halts and shipment delays, but lasting damage may have been done to the sector’s reputation, according to the Garment Manufacturers Association in Cambodia.
Losses resulted from the suspension of production, discounts granted to buyers due to delays, expedited shipments by air, as well as damage by strikers, Garment Manufacturers Association in Cambodia (GMAC) secretary general Ken Loo said yesterday.
Estimating the industry lost $14 million during the strike, he said it had also sent the wrong messages to potential investors and buyers.
“There are future consequences from the strike – it may spoil the reputation of garment manufacturing in Cambodia and buyers may stop orders,” he warned. Read more of this post
Recent Comments