After the textile workers in Bangladesh continued for more than two months of demonstrations, the “wage committee†temporarily composed of representatives of the government, garment manufacturers, and trade union representatives finally decided to adjust the minimum wage of workers into garments from the current 1662.5 per month. The card (about 162 yuan) increased to 3,000 taka per month (about 291 yuan), an increase of 80%.
With the increasing labor costs in countries such as China and Vietnam, many well-known western low-end garment brands have relocated their factories to Bangladesh with lower wages, making the textile industry an important economic pillar of the country. Bangladesh’s textile exports last month It reached US$1.072 billion, setting a record for the highest single-month export earnings in 40 years. However, the standard of living of the 3 million Bangladeshi textile workers did not increase, but there was a downward trend.
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