Exports of wearables faltering despite trade war as investment shifts to Myanmar

Source: BusinessWorld Online

Published on Oct. 10, 2019, 10:43 a.m.

ConWEP Executive Director Marites Jocson-Agoncillo said investments are shifting to Myanmar due to the country’s lower labor costs. In her presentation, she estimated Myanmar’s monthly wage at about $85-95, compared with the Philippines’ $190-274.

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