GTI price resilient over strikes
It’s been a testing month for Taiwanese garment manufacturer Grand Twins International (GTI), with recurring worker demonstrations and a new sector-wide minimum-wage level set just this week. But despite the turbulence, GTI stock – one of just two companies trading on the Cambodian Stock Exchange (CSX) – has proved to be more durable than analysts initially anticipated. Since October 20, GTI garment workers have conducted rolling demonstrations calling for increased benefits including $1.25 per day for lunch and $15 per month for travel and accommodation. The factory’s management said the strikes were the first in the company’s 18-year history. …
Eddie Morton
http://phnompenhpost.com/business/gti-price-resilient-over-strikes
