Some news highlights relevant to RMG sector: Bangladesh Bureau of Statistics (BBS) reports 4 per cent higher export, than last year at this time, is driven by RMG. In order to achieve the 2021 target of $50 billion from RMG export, the existing rates of increase are far less than needed.

Some news highlights relevant to RMG sector: BGMEA proposes a single inspection agency rather than present Accord, Alliance and the National Initiative. BGMEA also wants to remove ‘legally binding’ terminology from Accord and Alliance agreements.

Some news highlights relevant to RMG sector: The three day long ‘11th Dhaka International Yarn and Fabric Show’ will begin on 15 February 2017 in Dhaka. There will also be a concurrent exhibition of ‘Dhaka International Denim Expo’.

Some news highlights relevant to RMG sector: President DCCI at a press conference identified following key impediments for attaining projected GDP growth: inadequate infrastructure, higher cost of doing business and frequent changes in policy.

Some news highlights relevant to RMG sector: Transport Intelligence (Ti), a leader in market research, in its publication Agility Emerging Markets Logistics Index ranked Bangladesh among the least attractive logistics markets among emerging economies. It identified corruption and poor infrastructure as the major reasons. Read the report: http://bit.ly/2l9jCEU

খন্দকার গোলাম মোয়াজ্জেম সংবাদ মাধ্যমকে বলেছেন, ট্রাম্পের বাণিজ্যনীতিতে যুক্তরাষ্ট্রের নতুন প্রশাসনের সংরক্ষণমুলক নীতি ফুটে উঠছে। ট্রাম্প বহুমুখী আঞ্চলিক বাণিজ্য চুক্তি বাতিল করে দ্বিপক্ষীয় চুক্তিতে যাওয়ার কথা বলেছেন। অর্থাৎ ট্রাম্প প্রশাসন যুক্তরাষ্ট্রের অভ্যন্তরীণ বিনিয়োগ, কর্মসংস্থান ও বাণিজ্যকে অগ্রাধিকার দেয়ার নীতি গ্রহণ করছে।

Some news highlights relevant to RMG sector: Mary Lynn Landgraf, senior international trade specialist with OTEXA reported the result of the Boston Consulting Group consumer mind-set survey. Conducted on more than 5,000 consumers in the U.S., China, Germany and France, more than 65 percent of the European participants prefer products made in their home countries, and more than 80 percent in the U.S. A surprising 61 percent in China said they would pay a premium for American-made goods in comparison to products made in China.

Some news highlights relevant to RMG sector: BGMEA at press conference cited that it is unlawful to display photos of terminated or suspended RMG workers and therefore the photos should be taken down from factory walls. In response to government’s Monetary Policy, FBCCI demands stricter position on loan defaulters and proper guidance on non-performing loans (NPLs).

Some news highlights relevant to RMG sector: Executives from bank and financial institutions participated in a training programme on “Financing Apparel Industry: Risks, Threats and Mitigation” organised by FinExcel.