Strike Hits Bangladesh Garment Industry.
Bangladesh Garment Manufacturers and Exporters Association on Tuesday decided to close down 700 garment factories across the nation
The move was taken after days of violent protests by tens of thousands of workers demanding better wages.
The Association said they had no other way to avoid the anarchy in the major industrial hub outside the capital even though they were missing buyers' deadlines because of the continuous unrest.
Over the last few days, thousands of workers took to the streets and attacked many factories in Ashulia. Hundreds have been injured in clashes with police, who are trying to remove them from streets and stop the violence.
The workers are demanding that the minimum wage rise to 5,000 takas ($73) a month. The current average monthly salary is 2,000 takas ($29).
Fresh violence occurred Tuesday as workers found the factories closed. They smashed vehicles and set fire to at least five on a major highway.
The country has some 4,000 garment factories that export mainly to the United States and Europe.
Garment exports earn the country $12 billion. The industry employs 2 million people in Bangladesh and is a mainstay of the impoverished country's economy.
It has been hit hard by the global recession, however, and manufacturers say they're being squeezed by a slump in demand and higher production costs due to an energy crisis and poor infrastructure.
Source: www.commodityonline.com
From the Egytex news archive, first published on 23 June 2010. Figures and names are as reported at the time.