The export earnings of Bangladesh rose by over 7% in the first four months of Fiscal Year 2017-18 to $11.50 billion, the Export Promotion Bureau (EPB) revealed on Thursday. The earning is 7.03% higher than the $10.75 billion earned in July-October the previous fiscal year.
Read More »Policy support integral for export diversification
'Export diversification would be possible only when adequate and appropriate policy support is provided to all export-oriented industries'. Speakers on Thursday said that in order to diversify the country’s export basket, export-oriented businesses should be given the policy support that has proved highly successful in bringing vibrancy to the country’s RMG sector.
Read More »India’s textiles sector likely to touch USD 250 billion in next two years
India's textiles sector is likely to touch USD 250 billion in the next two years from the current level of USD 150 billion, a study said today. The joint study by Assocham and Resurgent pointed out that the textile sector in India accounts for 10 per cent of the country's manufacturing production, 5 per cent of its GDP, and 13 per cent of exports earnings.
Read More »Is Bangladesh ready for the exit of Accord and Alliance?
Shirin has been with us for 12 years, Mahmuda for nine, Rakib for six. The number of workers who have worked for us in one particular factory for over 10 years is massive. Most live in Khilkhet, where we have one of our factories. We are currently scheduled to shift to a new one in Bangla
Read More »Home textile industry deserves more attention at policy level
One does not give much thought to the export market for home textiles and terry towels in this country. Yet this USD-1.2-billion-a-year export subsector in the readymade garments (RMG) industry occupies a special place in the garments sector of Bangladesh as raw material used in the making of products is local yarn made from cotton waste.
Read More »The Gender Gap Report may not reflect the actual picture of Bangladesh
The recorded success of Bangladesh in reducing gender inequality is being skewed by the high proportion of women at the top of the political ladder and the reliance on cheap female labour in the garment industry, analysts have said. The World Economic Forum’s Global Gender Gap Report released on November 2 revealed that Bangladesh leads South Asia in terms of gender equality.
Read More »November 6, 2017: largest power plant, low-cost WB funds and loan from ITFC
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. Siemens to build Bangladesh’s largest power plant Bangladesh has signed a ...
Read More »November 5, 2017: First leather footwear & leathergoods show
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. First leather footwear & leathergoods show to be held in Bangladesh ...
Read More »Bangladesh needs to play wise to capture China’s declining market
Although China’s relative share in global Readymade Garment (RMG) exports is dropping, Bangladesh must cross a number of hurdles before it can bring those orders here. As China’s relative share of global Readymade Garment (RMG) exports start to drop thanks to rising standards of living there, a number of nations are queuing up to grab the opportunity.
Read More »Female garment workers’ accommodation: no use for 12-storey dormitory
The 12-storey dormitory built by the government for female garment workers for Tk 26.98 crore remains eerily empty despite being ready for almost a year now. The dormitory was built on 1.48 acres of land at Ashulia on the outskirts of Dhaka with a view to meeting the demand for accommodation of garment workers, who have to spend nearly 50 percent of their monthly income on house rent.
Read More »