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.
BGMEA and BKMEA’s works on workers’ database still incomplete
BGMEA and BKMEA – are yet to complete preparing a biometric database of the workers under their respective member factories. Till date, some 2.95 million workers of some 2,136 member factories of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have been enlisted. angladesh Knitwear Manufacturers and Exporters Association (BKMEA) has been able to enlist the workers of only 147 of its member factories so far, out of active 900 units, in its database.
New minimum wage for tannery workers raised by 46.28 percent
The government has announced Tk 12,800 as the minimum monthly wage for the country’s tannery workers with an increase by 46 per cent from the existing Tk 8,740. In the wage structure, the government incorporated five grades for the workers while four grades were for the staff and employees. It also set the wages for apprentice at Tk 7,000 saying that the period of apprenticeship would be six months.
Remittance inflow rises by 16.56%
Expatriate Bangladeshis sent US $9,461.15 million remittance in the first eight months of the current fiscal 2017-18, which is 16.56% higher than the amount received in the corresponding period of the preceding fiscal. According to Bangladesh Bank (BB), the country received $8,117.07 million remittance during July-February period of 2016-17 financial year.