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18th Dec 2016

Some news highlights relevant to RMG sector: GSP Plus Discussion with EU: Bangladesh is negotiating with EU on GSP Plus facilities. Yet there has been no discussion on Bangladesh’s strategy to graduate. The Executive Director of CPD Professor Mustafizur Rahman emphasized that Bangladesh needs to weigh in whether it would declare change of status before 2027 at the launching of UNCTAD’s Least Development Countries Report 2016.

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17th Dec 2016

Some news highlights relevant to RMG sector: Alliance Suspends 6 Factories in December: Link Wear, Haesong Sweater, HDF Textiles, Evergreen Products, Opex Designers, and Opex Ready Wears were suspended from the Alliance compliant factory list because of their lack of progress in one or more Alliance programs, thereby failing to make progress in ensuring a safe working environment. Read more: http://www.bangladeshworkersafety.org/factory/suspended-factories

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16th Dec 2016

Some news highlights relevant to RMG sector: Finance Division’s Report: In the Finance Division’s report on trade turnover of last four month shows planned Brexit might not effect Bangladesh’s export to Britain. Both woven and knit garment shipment have increased in last quarter to EU market.

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15th Dec 2016

Some news highlights relevant to RMG sector: Less Diversification is Risky: BGMEA President Siddiqur Rahman foresees that due to comparatively less diversification of RMG products, Bangladesh runs the risk of being overtaken by India and Vietnam in global competition. ILO’s DG Lauds Progress ...

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14th Dec 2016

Some news highlights relevant to RMG sector: IKEA Tops Report on Sustainable Cotton: The Swedish global home furnishing giant, IKEA has unveiled its sustainable report for FY 2016 where in it pledges Euro 1 billion investment in sustainable initiatives in the coming year. The home furnishing retailer claims that it continues to source most cotton from sustainable sources namely Better Cotton Initiative (82 per cent) and uses recycled cotton (18 per cent) for the rest.

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