Garment shipment to the US, Bangladesh's single largest export destination, grew only 3.41 percent in the first quarter of the fiscal year in a worrying development for exporters who hope to hit $50 billion in receipts by 2020. In the first quarter of 2017-18, apparel shipments fetched $1.36 billion, according to the Export Promotion Bureau.
Read More »November 2, 2017: IndustriALL training, rebate facilities and remittance inflow
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. 62 trade union representatives trained by IndustriALL A three-day training on ...
Read More »Companies are shifting to responsible and sustainable business practices
Boards are beginning to acknowledge that sustainability is no longer a siloed concept, but a crucial strategy that lies at the heart of responsible, profitable business, with long-term rewards for both stakeholders and society.
Read More »Technology can facilitate women entrepreneurship development
Sophisticated entrepreneurship and its sustainability depend on technology. As a source of instant help bridging communication gaps, it reduces time to gather information considered the number one raw material for an entrepreneur. This minimises cost and makes an enterprise competitive.
Read More »Bangladesh implements 41 percent of trade facilitation measures
Bangladesh has so far implemented around 41 per cent of the 31 common global trade facilitation (TF) measures to reduce trade cost. The revelation was made public on Wednesday in a report on the Second Global Survey on Trade Facilitation and Paperless Trade, jointly conducted by five United Nations Regional Commissions.
Read More »November 1, 2017: Bhola gas field and new displacement list
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. BAPEX confirms gas field in Bhola BAPEX, the country’s energy explorer, ...
Read More »Bangladesh ranked 177th in ease of doing business
Bangladesh has gone one notch down in the World Bank's ranking of ease of doing business mainly due to the hurdle businesses face here at the start of their operations. The WB's Doing Business report 2018 released yesterday showed that Bangladesh achieved slightly more points than last year's but still its ranking slipped for fall in some indicators in addition to starting business.
Read More »Diversity in export basket bears good fruit for Bangladesh
Shipments of non-apparel items rose 7.49 percent year-on-year to $1.51 billion in the first quarter of the fiscal year as the country is diversifying its export basket to cut reliance on garments. Tea, frozen fish, jute and jute goods, leather and leather goods, furniture, ceramics, shrimps, vegetables, bicycles and terry towel performed better in the export markets during the quarter from a year earlier.
Read More »Bangladesh factory workers earn only 2% of a garment made by them
Oxfam has released a new report that reveals only four per cent of the price Australians spend on clothing is paid to the factory workers who made it, predominantly in Asia. That equates to 40¢ from a $10 shirt, even if the worker is paid the legal minimum wage in countries like China and Indonesia. The report released Sunday, titled What She Makes: Power and Poverty in the Fashion Industry, shows that while many leading and iconic Australian fashion brands are enjoying boost in revenue, the workers making their clothes, the vast majority of whom are women, are trapped in a cycle of poverty.
Read More »October 31, 2017: CSR conference, world’s longest tunnel and rice import from India
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. RMG will take centre stage in CSR conference The international conference ...
Read More »