HONDURAS: Maquilas Flee Rising Labour Costs
Rising labour costs have led to the loss of around 7,000 jobs in the apparel industry, the Caribbean Update reported. The Honduran Council for the Private Sector (COHEP) and the Cortes Chamber of Commerce (CCIT) informed the Honduran government that 18 maquilas, which were used for apparel production, have closed down since January because of increases in production costs.
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