Philippines'S Clothing Exports Begin To Grow, Making Up For The Decline In Exports Of Electronic Products.
Philippines Garment industry In the first 4 months of this year, leading export growth helped to offset the decline in exports of electronic products.
Industrial leaders say that Philippines's clothing industry has greater opportunities for rapid growth.
However, Philippines does not expect foreign investors to take risks in the country. Textile mill 。
Labour costs in Philippines are rising year by year because the government has passed a higher wage law. In addition, the management of trade unions in Philippines has been chaotic. Over the past few years, thousands of workers have been employed. Garment factory Paralyzed.
The cost of electricity in Philippines is also a major reason for the closure of the textile industry, which has led to the Philippines development bank saving a large number of outstanding loans.
Philippines's textile industry is regarded as a baby, a dead baby. Philippines cannot produce high quality fabrics because of the high cost of electricity.
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