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More certainty for Myanmar after minimum wage agreed

02/09/2015
Partly driven by pressure from retailer H&M, Myanmar has set a minimum wage of $2.80 for an eight-hour work day.

The move is expected to give some certainty to brands wishing to investing in apparel making in the country, after two years of debate between factory owners and unions.

Myanmar's minimum monthly pay would be around $67 a month, based on a six-day work week. In Vietnam and Cambodia the monthly minimum wage ranges from $90 to $128, according to the International Labour Organsation. The World Bank estimates Myanmar’s economy will grow 8% this year.

H&M works with 13 factories in Myanmar, while US retailer Gap sources from two.

Related stories:

Myanmar predicts impressive growth in garment exports 22/02/2017
Myanmar seeks investors for textile and garment zone 14/02/2017
South Korean company to invest in Myanmar garment zone 23/08/2016
Vietnam: Footwear industry targets 20% growth in 2016 21/01/2016
Cambodia raises minimum wage 13/10/2015
Statement aims to promote “decent conditions” in Myanmar 05/09/2014
Gap to source clothes from Myanmar 10/06/2014
Teijin’s tie-ups with sportswear manufacturers pay off 22/05/2014
Fair Wear Foundation says brands must give back 19/05/2014
Labour costs 80% cheaper in Myanmar 14/03/2014
Teijin heads to Myanmar 09/09/2013
Myanmar garment workforce doubles in six months 14/08/2013

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