Burma among world’s cheapest labour

Burma ranks amongst the five cheapest countries in the world for labour costs, according to corporate analytics company Verisk Maplecroft. Along with Bangladesh and Cambodia, Burma was one of the lowest ranked countries in the Labour Cost Index released this week, taking the 171 spot out of 172. The competitiveness of cheap labour is attractive to investors, but is potentially related to poor working conditions, child labour and trafficking, the company warns. The three countries with the most expensive labour costs are Italy, France and Belgium.