Sourcing garment from low labour cost countries – post significantly higher risk

Businesses with supply chains and operations in Myanmar, Bangladesh and Cambodia are benefiting from the world’s lowest labour costs – but may also be exposed to the highest risks, a new global ranking suggests. While there’s no doubt the cost competitiveness of these labour markets is extremely attractive, it may be offset by the risks posed […]

Low Labor Cost Ranks Burma among Top Countries for Investment

Burma has been named one of the five best countries in the world for cheap labor, making it much more attractive for manufacturing investment than neighbors China and Thailand. “Businesses with supply chains and operations in [Burma], Bangladesh and Cambodia are benefiting from the world’s lowest labor costs,” a study by analysts Verisk Maplecroft said. […]