DIRECTOR FELICITAS AGONCILLO-REYES

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                    [ArticleID] => 96857
                    [Title] => Garments firms face closure due to new quota rules
                    [Summary] => Over 500 garments companies are facing closure this year and over 10,000 workers are facing unemployment as the government forfeits their export quota allocation under the new rules of the Garments and Textile Export Board (GTEB).


Industry sources revealed yesterday that out of the 892 companies that have been awarded their quota allocation, 58 percent or 517 companies would no longer qualify based on the new requirements set by the GTEB.


                    [DatePublished] => 2001-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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Garments firms face closure due to new quota rules

By Des Ferriols | January 28, 2001 - 12:00am

Over 500 garments companies are facing closure this year and over 10,000 workers are facing unemployment as the government forfeits their export quota allocation under the new rules of the Garments and Textile Export...

Business