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."
Read More »Bangladesh July-October export income rose by over 7%
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
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