February 12, 2018: 37 factories lose Accord, Fashionology Summit and Gas supply shortage

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.

37 more RMG factories lose assocaition with Accord

Accord on Building and Fire Safety in Bangladesh, has cut business relations with 37 more Bangladeshi readymade garment factories due to refusal and failure of the factory authorities at implementing workplace safety measures in the units suggested by the buyers’ platform. The 37 factories are being operated under 12 business groups. With the latest 37 factories, the Accord has so far cut business relations with 133 RMG factories on ground of safety issues that produce products for the European brands and buyers.

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Bangladesh Fashionology Summit kicks off in Dhaka

The first-ever Bangladesh Fashionology Summit has kicked off with an aim to drive the future of fashion and help garments makers understand the latest changes in the industry. A total of 17 renowned speakers from 11 countries are participating in the summit to discuss latest apparel products, technology and innovation. Bangladesh Apparel Exchange (BAE) is organising the event at International Convention City Bashundhara in Dhaka city.

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Gas supply shortage deters production in Gazipur factories

Industrial enterprises in Gazipur are facing serious production setback due to disruption in natural gas supply. The gas supply shortage has turned severe in recent months leaving dozens of export-oriented factory manufacturers worried about maintaining the shipment schedules. According to the official statistics, there are 128 points of illegal gas connections, which is believed to have contributed to the supply shortage of gas to the industrial belt.

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Every day, CPD RMG Study team reveals what’s on our economic and apparel radar and ...