The Confederation of Wearable Exporters of the Philippines said Monday it may take a longer time for the garments and apparel industry to rebound from the downturn of the global apparel market due to the Uyghur Forced Labor Prevention Act enforced by the United States Customs and Border Protection .
The Department of Trade and Industry has been instrumental for the release of the detained shipments, she said. L&T International Group Philippines Inc., the retail apparel arm of the Luen Thai Group, failed to optimize the capacity of its facility in Clark, running at 25-percent capacity due to low demand as a result of the retrenchment.
“This action was closely coordinated with the Department of Labor and Employment to ensure transparency, fairness, and adherence to legal standards, underlining our dedication to ethical business processes. All affected employees received the comprehensive severance package that meet legal standards,” Agoncillo said.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MlaStandard - 🏆 20. / 55 Read more »