News in the Media

Looming global trade war may affect Bangladesh’s economy and trade particularly exports as the US administration under president Donald Trump is planning to impose additional tariffs on apparel imports.

Textile exports rose 7.2 percent to $8.79 billion during the first eight months of the current fiscal year of 2018 as value-added sector continued to post recovery in foreign earnings, official data showed on Tuesday.

The U.S. apparel and footwear industry on Tuesday joined the growing list of opponents in corporate America to the sweeping tariffs that President Donald Trump is expected to impose this week on goods imported from China.

The minimum wage board for the readymade garment workers in its first meeting on Monday decided that representatives of both factory owners and workers would submit separate proposals of minimum wages to the board before the next meeting to be held on April 25.

Garment exports to non-traditional markets rose 3.77 percent year-on-year to $2.56 billion in the July-January period of the current fiscal year thanks to preferential trade benefit and fiscal incentive.

With India's apparel exports further declining by 10.25 per cent during the month of February 2018 against the corresponding month of February 2017, industry body Apparel Export Promotion Council (AEPC) has raised concerns over the downward trend.

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. Govt begins talks with stakeholders on draft Labour Act The government ...

The government has formed a joint monitoring committee comprised of representatives of brands and buyers, International Labour Organisation, garment factory owners and trade unions to evaluate the status of factory remediation work under Accord and Alliance and the readiness of national regulatory body to take over post-remediation monitoring from the buyers’ platforms.

A total of 322 RMG factories affiliated with the Alliance for Bangladesh Worker Safety have completed all material components in their corrective action plans.

The government has decided to lower the membership requirement threshold for trade union registration up to 20 per cent in its draft amendments to the labour act after the International Labour Organisation expressed dissatisfaction over the threshold.