While some companies have developed robots that can sew clothes, the high cost of these machines means that many garment makers still prefer to expand their workforce in countries such as Bangladesh (picture), Ethiopia and Vietnam. T he Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6% from 5.8%, citing solid export demand, but said US protectionist measures and any retaliation against them could undermine trade.
Growth in developing Asia would only ease slightly to 5.9% in 2019, the bank said in its 2018 Asian Development Outlook released on Wednesday. Strong external and domestic demand […]
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