NEW PLAYERS PUSH FOR BUSINESS AS ESTABLISHED COMPETITORS LOST COST AND SAFETY ADVANTAGE
April 12th, 2014
The increasingly fluid global market for outsourcing enables brands to switch countries for their manufacturing needs, and it is in the interest of exporting countries to make it easy for them.Cambodia’s garment industry has been the beneficiary of sourcing shifts from more expensive countries such as China in recent years, attracting manufacturers with some of the lowest labour costs in the world, a past reputation for reasonable working conditions and favoured access to US and European Union (EU) markets. Exports from the garment sector totalled USD 5.53 ...
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