CPD RMG Study Stitching a better future for Bangladesh
Every day, CPD RMG Study team reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed.
62 trade union representatives trained by IndustriALL
A three-day training on ‘Implementation of the GFAs in Textile, Garment, Leather and Shoe Industries in Bangladesh’ was organized by IndustriALL Global Union where they trained 62 trade union representatives, including 25 women union leaders. The training was organized with the objective to build capacity and raise awareness towards an effective implementation of Global Framework Agreement where various Bangladeshi garment factories participated. It discussed key features and benefits of the GFAs and various procedural aspects, involving role of plant level union leaders and IndustriALL when raising issues related to workers’ rights, and how to address them through GFAs.
Rebate facilities to be relaxed
Bangladesh government has decided to relax the rules for rebate facilities on the import of capital machinery. The items to enjoy the facilities include machinery for LPG bottling and power plants.
The relaxing of the rules will waive more than 1% in duties and taxes.
Remittance inflow increased by 35%
Remittance inflow to Bangladesh has seen 35% increase in the month of October. With this the total remittance inflow of the current fiscal year amounts to $4.6 billion. The remittance this October is also 14.5% higher than October 2016, which was $1.01 billion.
