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
Moody’s: Bangladesh’s sovereign credit profile supported by strong garment exports
Bangladesh’s Ba3 stable sovereign credit profile is supported by the robust growth of an economy that is bolstered by garment exports, Moody’s Investors Service has said in a new report, bdnews24.com reported.
However, the report said that weakening inflows of remittances from overseas-based workers could hurt consumption, according to the report.
EU might pressure on Bangladesh for higher wages for garment workers
The European Union might put pressure on Bangladesh government for higher wages for the garment workers, Bengali daily Prothom Alo reported.
The report said that the EU might urge Bangladesh government to extend the tenure of Accord for next five years.
