The government plans to set a $40 billion goods export target with a 7.14% growth for fiscal year 2018-19, riding largely on the apparel industry’s success, the largest contributor to overall export earnings.
Read More »Minimum wage board is in no hurry to make wage recommendations
The process to fix minimum wages for the readymade garment sector is going on at a slow pace, much to the annoyance of rights groups and workers, labour leaders said.
Read More »Apparel exports to India doubled between July-May
Garment shipments to India, a country with a $50 billion apparel market, more than doubled in the first 11 months of the fiscal year -- in a promising development for Bangladesh's manufacturers.
Read More »June 21, 2018: ADP implementation, Padma Bridge additional fund and ADB loan
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. 63% ADP allocations spent in July-May The government spent almost 63 ...
Read More »Govt to give assistance for treatment and education of RMG workers
The government has decided to offer assistance for treatment of sick readymade garment workers and education of workers’ children from the RMG sector Central Welfare Fund.
Read More »Bangladesh earns billions exporting World Cup jerseys
Bangladesh exported fan jerseys worth $1 billion for all 32 nations participating in the 2018 FIFA World Cup in what can be viewed as an exciting opening for the country's garment exporters.
Read More »Lack of skill-based education an impediment for apparel sector
LIMITED scope for technical education which fails to meet the requirement of the apparel industry in Bangladesh appears to be gravely concerning in that while several billion dollars in salaries and allowances paid to top-level foreign employees fly out of the country, the situation, if it continues for long, is likely to spell a disaster for the industry as it would grow further.
Read More »June 14, 2018: unpaid wages, New Mooring Container Terminal and VAT rebate
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. Many factories yet to pay due salaries of workers Nearly 40 ...
Read More »Govt. questions garment factories for slow progress in remediation
The government has started issuing show-cause letter to the readymade garment factories which have made less than 30 per cent progress on remediation, seeking explanation why their production activities would not be suspended due to non-compliance.
Read More »RMG exports to US revive
Garment exports to the US grew 2.90 percent year-on-year to $1.87 billion in the first four months of the year as Bangladeshi manufacturers benefit from the Trump administration's abandonment of the Trans-Pacific Partnership.
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