Commentary: Eroding wages in Myanmar add to debate about whether garment brands should ‘stay or go’

Prices CUTS ARE TRANSFERRED TO WAGES

The legal maximum pay, as of August 2024, is essentially 6, 800 kyat per day. This includes a daily base wage ( last updated in 2018 ) of 4, 800 kyat, plus two additional 1, 000 kyat daily allowances, announced in 2023 and 2024. Since its most recent revision in 2018, the minimum wage would now be about 12, 000 kyat per day.

Real income have likewise fallen considerably. Data from H&amp, M- one of the few companies providing clear data – indicates that wages ( including guaranteed pay but excluding variable things like overtime and prizes ) increased from 199, 000 kyat a month in 2020 to 248, 000 kyat a month at end-2023, an increase of 25 per cent.

Over this exact time, the CPI increased an estimated 88 per cent and the cost of a typical diet, according to the International Food Policy Research Institute, increased 160 per cent.

The result is that an H&amp, M income, which in 2020 was more than enough to supply an ordinary home, was no more do so by end-2023. While some businesses increased income by 20-30 per share in 2024 in response to post-conscription worker shortages, this has not offset decades of declining true income.

The wage drop is caused by a number of factors. The major culprit is high inflation, which is fueled in large part by the military government’s money printing and widespread disdain of the kyat.

Businesses also have a business setting that is becoming more and more ineffective. Electricity source has deteriorated: Yangon’s industrial zones then average 20 days of disruptions per day. Nearly every factory owns a machine, which pays significantly more for on 62 % of their strength.

With significant delays to get pathways to China and Thailand as a result of fighting, shipping is more expensive and complicated. Since the enlistment law was made public in February 2024, employees have also been leaving more often.

Growing difficulties are partially offset by the kyat’s loss, where companies sell in foreign currency but have the highest costs there. Factory output is also higher than the military regime’s complicated forex regime, yet with a complex forex regime.

If companies took the exact amount of US money they paid for wages in 2020- about US$ 140 a quarter, according to H&amp, M, and gave workers the kyat received from exchanging that now, they would get over 400, 000 kyat a quarter. Instead, H&amp, M’s data shows that in US dollar terms, wages were down from US$ 140 in 2020 to just US$ 94 a month in 2023.

Continue Reading

Far From Home: Migrant workers from Philippines, Indonesia chase higher wages abroad, but at what cost?

SAN ISIDRO, PHILIPPINES/KUNIRAN, INDONESIA: When Madam Gina Fabiano initially considered leaving her wooden house in the Philippines ‘ Rodriguez city to become a home contractor in Saudi Arabia 7, 000km aside, her children begged her not to go. &nbsp,

They had never been separated, let alone been separated for such a long time due to their great length. Without her, they claimed, they may not be able to live their lives. &nbsp,

But at the moment, the then 43 year-old mother of five- who gradually worked in the Middle East for three years between 2016 and 2019- felt that she did certainly had a choice.

Since the government decided to open a garbage near in 2002, her mother’s farmland has been losing steam.

Mdm Fabiano and her husband sifted through the thousands of tons of trash from the Metro Manila area, looking for metals, plastics, and other assets to market to recycling plants along with other families whose cropland were even destroyed.

The mother’s income was not stable. Mdm Fabiano and her husband would earn as little as 1, 000 to 2, 000 pesos ( US$ 17.10 to US$ 34.20 ) a month. The cost of her son’s education was hardly sufficient to cover the costs of meals.

Then her mother died in 2016 and Mdm Fabiano, as the next oldest of 14 relatives, had to play the role of mother for her brothers and sisters, some of whom were also in school at the time.

We did n’t have the money to take my mother to the hospital after she became ill. When I first started to worry about my mother passing away if I had worked worldwide sooner, I thought. Mdm Fabiano reached into her throat while caringssing the cross. &nbsp,

But she jumped at the chance to work as a home worker in Saudi Arabia with a monthly salary of US$ 400.

According to statistics from the Philippines ‘ Department of Migrant Workers, 2.1 million Filipinos left their home country in search of work worldwide in 2016. This figure may decrease as a result of the pandemic before reaching a new history of 2.3 million in 2023.

The majority of them were from far-off places in remote areas and poor urban neighborhoods like Rodriguez’s San Isidro, where employment opportunities are limited, especially for those like Mdm Fabiano, who only has a junior high school certificate to her title.

Working abroad paid these Filipinos at least half the region’s minimum wage of US$ 10 per day, but it also came with some high costs.

Working abroad, for parents like Mdm Fabiano, meant missing out on significant events like the first weeks of class and graduations, as well as the chance to watch their kids grow up, commemorate special occasions like birthdays and Christmas, and watch their children grow up.

For those left behind, it meant losing someone they love, a caretaker, a coach and a shoulder to cry on.

The most challenging aspect was that I was unable to look after my only child, according to Mdm Fabiano, about her youngest baby, who was still in school when she left.

” What are you doing then?” was all I could do, so I dialed her on my phone and asked her. Did you eat? Are you going to college?’ That’s all. But the lady I took care of in Saudi: I may weave her hair, pull her correctly, tuck her to sleep”.

” I was able to take care of her, but I could n’t even take care of my own kids.”

Continue Reading

Black Myth: Wukong could drive Chinese investment in big-budget games

Then, Zhou sees a chance for the local industry’s environment to change. More money will definitely be injected into the field as a result of Black Myth’s success, which will encourage more game developers to try to create for large projects, he said.

However, it might not gain people equally.

” Intelligent investors may choose older clubs”, Zhou said. But resources will merge toward the best game designers.

The success of Black Myth “definitely gives Foreign game designers a boost in confidence,” said Olivia Qin, a Shenzhen-based mobile game designer specializing in model activities.

” It proves that even for those working on genres not considered as lucrative, it will still yield good results if ( developers ) put their hearts into it”, she said.

Qin, however, added that she will not acquire making AAA game herself. ” The price is too great and it takes to long”, she said. Not all small studios are eligible for Google purchase.

When China may see another AAA title, particularly one with the ability to become yet another world hit, game developers are cautious about speculating.

The success of Black Myth “may be able to been replicated, but that time could be very long”, Chan said. ” Game Science has spent about a century accumulating the knowledge and the capacity to create for game.”

Zhou said a few great single-player names are already under creation, and are expected to launch within three years. But for something else on the size of Black Myth: Wukong, “it may take nine centuries, optimistically”, he said.

This article first appeared on SCMP.

Continue Reading

Death toll from Phuket landslide jumps to 10

” Heavy rain which began at 2am ( on Friday ) caused a landslide that damaged homes. Local police chief Khundech Na Nongkhai told AFP that residents of the area were “apprehended off guard”.

This year, heavy monsoon rains have impacted Thailand’s southern coast and parts of the country’s north, primarily due to the country’s southern coast.

Firefighters, military personnel, and volunteers have been dispatched to provide supplies to those in need and to assist with cleanup efforts.

According to the state, more money has been raised to assist the victims, and a crew has been established to investigate the cause of the disaster.

While Thailand experiences monthly monsoon rains, man-made climate change is causing more severe weather patterns, which increase the risk of devastating landslides.

More than 500 people were killed and thousands of homes were damaged by common flooding in Thailand in 2011; this number exceeded 500.

Continue Reading

Why exploring a single street can tell us more about the places we visit than any travel guidebook

Going on a vacation is similar to how we Singaporeans have it built to unwind. We put in a lot of effort before enjoying a relaxing vacation in Japan, South Korea, or wherever we nice.

It was a dream come true for me to host the novel CNA traveling show A Street Like This. I was working but likewise travelling to places I had always wanted to visit: Thailand, Hong Kong, Taiwan, Pakistan and India.

However, there was an odd caveat: I was n’t actually exploring these entire nations or regions, but rather particular streets.

Yes, it sounds immoral: You travel hundreds and thousands of yards, book flight reservations and hospitality, do your planning and subsequently spend your vacation walking along only one road?

Continue Reading

Flood deluge worsens in Bangladesh with millions affected

In India’s hard-hit Tripura express, more than 23 people have died in the floods since Monday. The Bangladeshi crisis management government announced in a report that its most recent toll of 15 deaths included those that occurred in cities along the nation’s southeast coast. Among those included were Cox’s Bazar,Continue Reading