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Bangladesh Garment Industry to See Rise in Minimum Wage

Bangladesh factory owners say they have agreed to a 77 percent increase in the minimum monthly wage for garment workers, after days of unrest forced the closure of hundreds of production facilities. Thursday's announcement followed a meeting between the manufacturers and Prime Minister Sheikh Hasina that resulted in the agreement, which will raise wages to about $66 per month. But factory owners have complained it will be difficult to raise the wage without raising prices for the...

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