In reaction to recent statements concerning the future of the Bangladesh Accord, the Witness Signatories to the Accord on Fire and Building Safety in Bangladesh—Clean Clothes Campaign, International Labor Rights Forum, Maquila Solidarity Network, and the Worker Rights Consortium—wish to respond regarding the continuation of the Accord's inspection programme. Recent statements have led some to erroneously believe that the Accord is scheduled to end in 2018, and one should ask whether such an early departure is even desirable given the limited progress made in the development of a credible and functioning national safety regulatory body.
Read More »November 15, 2017: 600cr TK fraud, GDP record and new performance criteria for banks
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. 26 Bangladeshi garment exporters fall prey to Tk 600cr fraud A ...
Read More »Government support integral for building globally recognizable Bangladeshi brands
Bangladesh earned $89 million from exporting pharmaceutical goods in the last fiscal year, according to the Export Promotion Bureau. While Bangladesh is the second largest exporter of ready-made garments in the world, the fact remains that most of the products are sold under international brands, leaving Bangladeshi entrepreneurs, and especially Bangladeshi workers, with a very small share of the revenue that these products generate.
Read More »BGMEA requests review of the existing wages of workers
A move has been initiated to review wages of readymade garment workers against the backdrop of workers’ movement for pay hike and demands from national and international labour rights groups. Bangladesh Garment Manufacturers and Exporters Association has requested the government to form a minimum wage board in this regard as the apparel factory owners have expressed their willingness to raise the workers’ wages.
Read More »Bangladesh economy underperforming for infrastructure deficits, gas-power problems
Bangladesh economy goes on underperforming for some limiting factors like infrastructure deficits, and gas and power problems, notwithstanding some progressive growth, says a premier trade body. The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) gave such findings in its Review of Economic Situation in Bangladesh for the first quarter (Q1) of the fiscal year (FY) 2017-18.
Read More »November 14, 2017: Cotton Day and duty-free access
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. Cotton Day celebrated in Bangladesh On Wednesday, November 8, Cotton Day ...
Read More »Bangladesh in low growth category in 2025 Global Growth Projections
The Growth Lab at Harvard Univerity's Center for International Development very recently published the new 2025 Global Growth Projections, where Bangladesh was placed in the low growth category. The research organization works with the aim to understand the dynamics of growth and to translate those insights into more effective policymaking in developing countries.
Read More »How demonetisation has affected the textile hub in Delhi
For the last eight months, Babita Singh has been searching every lane and bylane of the 2-sq-km spread of the Noida Hosiery Complex, here on the grimy edge of India’s capital, for a tailor’s job. She leaves home at 7 a.m. and walks around till 11 a.m. when, with the first shift in place, there is no longer any hope of being called into a factory.
Read More »November 13, 2017: Record gas consumption, new fibre discovery and non-performing loans
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. Gas consumption in Bangladesh reached a new high in 2016 Bangladesh ...
Read More »WB Bangladesh jobs diagnostic report provides framework for comprehensive national jobs strategy
The World Bank published the Bangladesh jobs diagnostic report last month which "presents the characteristics and constraints of the labor market in Bangladesh, identifies the objectives of the jobs agenda, and proposes a policy framework to progress toward them." The report studies the various factors that affect the relationships between supply- and demand-side and influence creation, quality, and inclusion outcomes."
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