Author: Van Klaveren, M, 2016  

Some news highlights relevant to RMG sector: Research Findings on RMG: As per Bangladesh Institute of Development Studies (BIDS) study, the Bangladesh garment industry’s expected need for trained workers will be 1.5 million by 2021.

Some news highlights relevant to RMG sector: Apparel Export Higher: According to the Export Promotion Bureau (EPB), in November the export earnings from apparels were 4.05 per cent higher than that of last year at the same time. The earnings was US dollar 2.31 billion in the previous month from RMG sector.

Some news highlights relevant to RMG sector: Shasha Denim Most Traded: On Monday, Shaha Denim shares were most traded in the Dhaka Stock Exchange (DSE). Some 4.62 million shares were traded that generated a turnover of Taka 322 million.

Some news highlights relevant to RMG sector: Swedish Ambassador: Mr Johan Frisell, the Swedish ambassador awarded Dr Mesba Faruqui, Director Operation of Multifabs, an export oriented knitwear factory, the Best Overall Performance Award 2016.

Some news highlights relevant to RMG sector: HSBC Award: The fourth HSBC Export Excellence Awards ceremony was held on Saturday. DBL Group, one of the fastest growing apparel companies, from Group A in the textile and ready made garment category was awarded for the second time since 2010, with annual export turnover of US Dollar 50 million or more. In the same category, SM Group of Companies Ltd won the award from Group B with annual export turnover less than US Dollar 50 million.

Some news highlights relevant to RMG sector: USGBC Award: The US Green Building Council (USGBC) has awarded world’s 25 top environment-friendly industrial structures of which seven are RMG factories in Bangladesh. The seven factories are: Remi Holdings, Plummy Fashions, Vintage Denim Studio, SQ Celsius 2, Genesis Washing, SQ Coblenz and SQ Birikina.

Some news highlights relevant to RMG sector: UNESCAP Report: According to the latest UNESCAP Report, unveiled on Wednesday in Bangkok, between 2010 and 2015 Bangladesh’s export has grown 15 per cent in comparison to the average export growth of 7.5 per cent in the Asia-Pacific region. The major exports of Bangladesh were from textile and garment sector amounting to 72.2 per cent of total export. On the other hand, the largest imports to Bangladesh were petroleum oils and fabrics.

Author:  Thomas Bernhardt The New School – Department of Economics February 2013 Capturing the Gains Working Paper 22    

Author:  Cornelia Staritz Vienna University of Economics and Business Administration   Mike Morris University of Cape Town – Faculty of Commerce – School of Economics; University of Cape Town (UCT) – Policy Research in International Services and Manufacturing (PRISM) February ...