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RMG exporters want factories up and running

RMG exporters want factories up and running
Union leaders favour closure with full payment as lockdown looms
If lockdown is imposed, garment suppliers will face work order cancellation, deferred payment, and expensive air shipment, an exporter said. Photo: Star/file
Garment factory owners and union leaders are at loggerheads over the imminent tough lockdown the government is set to impose across the country to curb the rising cases of coronavirus infections.
Owners want to keep their factories up and running, while union leaders called for a closure of factories and a full payment of the wages for workers during the lockdown period. ....

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Digital wage pays off for workers: WB

Digital wage pays off for workers: WB
Wage disbursements through digital payment methods is beneficial for employees as it helps increase savings and improves their ability to mitigate unanticipated financial shocks, according to a recent World Bank (WB) study.
Before a new payroll system was introduced in June last year, nearly 90 per cent of the country s workforce received their wages in cash, which was both time consuming and difficult given the volume of disbursements that needed to be made.
Millions of workers, especially those in the garment sector, then started to receive their wages directly through their banks accounts or a mobile financial service (MFS) when local lenders started disbursing salaries from the government stimulus packages. ....

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