News Flash

May 23, 2017: Impact of new VAT law on garment accessories, workers’ group insurance, India’s plans to boost garment manufacturing and Pakistan’s garment makers’ demand for Rs 60b in budget

 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 Garment accessories traders dread VAT law Businessmen in the export-oriented garment accessories sector are fearing a rise in production costs due to implementation of the proposed VAT law from July despite ...

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May 22, 2017 : Sri Lanka’s GSP+ benefits, Mirsarai economic zone, inspection of 1000 small apparel units and the uniform VAT system  

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. Dhaka may lose edge as Colombo enjoys EU benefit Bangladesh’s apparel export to the EU market is likely to face stiff competition with Sri Lanka’s following the latter regaining trade benefit ...

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May 18 , 2017 : Apparel prices, local denim, industry’s contribution to GDP and food subsidy

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 EU brands cheerful about local denim  European retailers and brands are upbeat on Bangladeshi value added denim garments due to the high quality of the apparel at competitive prices, English language ...

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May 4, 2017: Workplace safety efforts, huge profit of foreign buyers and the GFI report    

Every day, CPD RMG Study reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed ADB president praises Bangladesh for workplace safety efforts Asian Development Bank (ADB) President Takehiko Nakao has praised Bangladesh for its efforts to improve the workplace safety following Rana Plaza disaster, one of ...

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May 3, 2017: Less investment proposals, remittance inflow drops, VAT law debate  and  overseas equity investment

Every day, CPD RMG Study reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed BIDA receives 45% less investment proposals in Q3 Investment proposals by companies registered with Bangladesh Investment Development Authority (BIDA) has fallen by 45.88% during January to March month of the current fiscal year ...

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May 2, 2017 : Ramadan food price, New VAT law debate, corporate tax and rice import duty

Every day, CPD RMG Study reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed. FBCCI to press for multiple VAT rates The Federation of Bangladesh Chambers of Commerce and Industry said that they would press for multiple rates of value-added tax based on value addition in ...

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24th Feb 2017

Some news highlights relevant to RMG sector: State Minister for Labour and Employment Mujibul Haque mentioned that the RMG workers who were dismissed in Ashulia incident will be taken back by their employers, their arrears will be paid and the Apparel Workers Summit will be scheduled at a later date.

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23rd Feb 2017

Some news highlights relevant to RMG sector: Five leading RMG buyers i.e. H&M, Inditex (Zara), C&A, Next and Tchibo and Ethical Trading Initiative have withdrawn from the upcoming Dhaka Apparel Summit over deterioration of labour rights in Bangladesh garment industry.

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22nd Feb 2017

Some news highlights relevant to RMG sector: Presently after advance income tax, excise duty and bank’s service charge the interest rate (of zero to 4 per cent) on saving deposits have negative returns for most banks in Bangladesh.

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21st Feb 2017

Some news highlights relevant to RMG sector: Taka will soon to depreciate against US dollar, predicts Standard Chartered Bank. Read: http://www.thedailystar.net/business/takas-depreciation-the-horizon-stanchart-says-1364641

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