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
Green revolution in Bangladeshi apparel industry
The number of environment-friendly, “green” RMG factories is on the rise in Bangladesh, revolutionising the country’s apparel industry and slowly uplifting its downward reputation in the world, English language daily Dhaka Tribune reported.
The report said that since 2011, a total of 67 Bangladeshi RMG factories have received Leadership in Energy and Environmental Design (LEED) certification from the US Green Building Council (USGBC), one of the top green building rating systems in the world, according to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) data.
Exports bear the brunt of anxiety in global politics
The gloomy outlook of the world economy and the internal challenges have eaten into the export earnings this fiscal year — a development that has prompted the exporters and economists to call for policy supports to fashion a recovery, the Daily Star reported.
The report said that in the first ten months of fiscal 2016-17, export earnings stood at $28.72 billion, missing the ten-month target of $30 billion. The receipts are only 3.92 percent higher than a year earlier, according to data from the Export Promotion Bureau.
Garment workers to get festival allowance by Ramadan 20
Garment factory workers will get festival allowance by Ramadan 20 and wage for June on the mutual understanding with their management, a senior BGMEA leader has said, The Financial Express reported.
“Factory management and owners will mutually decide the dates and time for payment,” the report quoted Mohammed Nasir, vice president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), as saying at the core committee on crisis management meeting held in Dhaka city on Monday.
