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
Thirty-nine foreign firms submit EoIs to supply LNG
Thirty-nine global firms are willing to supply spot LNG to Bangladesh as the government plans spot purchase of the new fuel from the international market, the Financial Express reported.
The firms from the US, the UK, Australia, Italy, Spain, Switzerland, Norway, Japan, Singapore, Hong Kong, Malaysia, India, Bermuda and Malaysia and their consortia submitted bids for exporting lean LNG (liquefied natural gas) to Bangladesh, the report added.
HSBC will continue to invest in Bangladesh
Banking giant HSBC will continue to invest in Bangladesh to meet the growing consumer needs, maintain its pole position as the leading trade finance bank and grow further, a senior executive of the UK-based Asia-focused lender told the Daily Star.
Alliance says it won’t stay beyond 2018
The Alliance for Bangladesh Worker Safety will not extend its tenure in Bangladesh after its expiry in mid-2018, the Financial Express reported.
The platform of North America-based global apparel brands and companies on August 16 confirmed its plan to the apparel apex trade body — BGMEA (Bangladesh Garment Manufacturers and Exporters Association), the report added.
