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Latest Asia Floor Wage figure in Local Country Currencies

In 2012 the AFW figure is 540 PPP$.

The AFW Alliance revises the figure every year.

The last ground level survey for the food basket (that anchors the AFW figure) was done in 2009. Since then, we have been revising the AFW PPP$ figure using Consumer Price Indices and the less-frequent World Bank’s own PPP$ conversion factors for private consumption. We believe that this revision method works at best for three years.

In 2013, the AFW figure will be anchored back into the ground level survey for the food basket costs from different countries.

Global Launch of Asia Floor Wage, October 7 2009

Most of the world’s garments are made in Asia. Yet Asian workers are paid the least.

All garment workers in Asia need a wage increase. But often, when workers struggle to improve their wages and conditions in one country, companies relocate to another country, where wages and conditions are lower.

So workers are afraid to fight for better wages, because they might lose their jobs.

The Asia Floor Wage Campaign is a response to this problem. We propose a floor wage for garment workers in Asia.

The Asia Floor Wage, is different in each country’s national currency, but has the power to buy the same set of goods and services in all countries.

An Asia Floor Wage for the garment industry will help us fight poverty, develop economically with decent labour standards, and improve the lives of workers who are mostly women.

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Knowledge Of Auto Loan

An auto loan is a convenient assistance that aids in the purchase of a vehicle. When making purchases that are several thousand dollar investments, it is common to use loans in order to make the purchase and thus have monthly payments in order to finish paying off the total amount due as opposed to putting down the entire amount upon purchase. While not everyone will qualify for an auto loan, most car and truck purchases will include one.

It is wise to plan ahead even when relying on loans for the car auto purchase. One way to get a general idea of different options available with interest rates, down payments and the monthly amount that will be for different pay off limits, an auto loan calculator is a valuable too. While it won’t give an exact price as there are a number of variables, the calculator will give a good basis to consider before making the purchase.

There are a number of different auto loan calculators available online. Most have similar formats and will factor in the length of the loan until pay off, interest rate, and initial payment in order to calculate the amount owed per month. Write down a few different options by changing some of the factors, it should help in making the decision when time comes to lay out the exact details before making the official purchase.

Whether going for new or used, it is wise to go into the auto purchase with a plan in place. An auto loan will make the buying of a vehicle a fruitful endeavor despite concern or anxious anticipation. Either way, the assistance is available for those that qualify.