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Bangladesh Accord, Alliance to leave country by 2018

The Bangladesh Accord on Fire and Building Safety and The Alliance for Bangladesh Worker Safety, the two western buyers' platforms working to improve workplace safety in Bangladesh readymade garment sector, are to end their tenure at the end of next May, if remediation is properly completed.

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Bangladesh’s green RMG factories

Despite lots of challenges, Bangladesh’s apparels makers have initiated to make factories environment friendly Increasing number of factories have adopted green technology in their factories in the last few years. In March this year, Bangladesh’s English language daily Dhaka Tribune reported that since 2011, a total of 67 Bangladeshi RMG factories have received Leadership in Energy and Environmental Design (LEED) ...

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Are robot tailors on their way?

Two American companies are working to introduce a system which can turn cloth into clothing without the need for tailors is just around the corner. If the experiments are successful, garment makers might cut their dependencies on human tailors and this might result huge job cut in the Ready-Made Garment industries. London based Magazine Economist carried out a feature on ...

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Energy price hikes might affect industries

Energy experts fear that Bangladesh’s energy prices might see a threefold hike over next 10 years. They pointed out that the government opted for importing ‘expensive’ liquefied natural gas (LNG) from next year and this decision will trigger energy prices in the coming years. Industry insiders and economist warn that energy price hike might affect Bangladesh’s fastest growing manufacturing sector ...

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Poor port infrastructure affecting Bangladesh’s export growth

The traffics at the Chittagong port have increased in the last couple of years. However, the infrastructures were not improved in line with the increased traffics. The result is the congestion. Often heavy congestions hamper activities in the port which affects Bangladesh’s export performance. Business are incurring losses as the congestion has increased operation cost of their businesses.  About 90% ...

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6 things you should know about Sustainability Compact 3rd follow-up meeting

Sustainability Compact 3rd follow up meeting

On May 18, 2017, the Partners of the Sustainability Compact – the Government of Bangladesh (GoB), the European Union (EU), the United States of America (USA), Canada, and the International Labour Organisation (ILO) – met for the third follow-up meeting. Sustainability Compact on Readymade Garment and Knitwear Industry in Bangladesh was formed by Bangladesh and European Union after Rana Plaza ...

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