Ready-made garments (RMG) manufacturers will have to pay a higher corporate tax as the government has proposed to raise the tax rate from 12 per cent to 15 per cent for the 2018-19 fiscal years.
Read More »May 30, 2018: eid bonus, RMG central fund and safety improvements
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. Govt asks garments owners to pay Eid bonus by June 14 ...
Read More »Industrial safety unit to ensure safe working conditions
The government has initiated a move for setting up ‘industrial safety unit’ under the Department of Inspection for Factories and Establishments with the aim of ensuring safe working condition in all industrial sectors.
Read More »Credit report database required to minimise foreign trade risk
Complexities in obtaining credit report on foreign buyers and suppliers are causing huge losses for local businesses, a recent survey found.
Read More »Compensation protocol for workers still far from reality
Instead of fulfilling its pledge to develop a compensation protocol in line with the ILO convention, the government is now working to reform the labour law by setting the maximum compensation at meagre Tk 2 lakh.
Read More »Bangladesh now has better ethical scores than India and China
Bangladesh, the second largest exporter of apparel products, has outperformed China and India in ethical compliance in the apparel segment in terms of workplace safety in the aftermath of the Rana Plaza collapse.
Read More »May 07, 2018: exports to Canada, power plant deal and Workers Resource Centre
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. Trade with Canada may cross $3 billion by 2021 Commerce Minister ...
Read More »13 years after factory collapse victims still struggling for compensation
Rana Plaza may have been the most deadly garment factory collapse in the history of Bangladesh, but it was not the first.
Read More »BGMEA yet to complete workers’ database after 5 years
The Bangladesh Garment Manufacturers and Exporters Association is yet to complete the central biometric database of garment workers five years after taking up the initiative.
Read More »Garment manufacturers call for fair pricing of garment products
Bangladesh garment manufacturers have called for a “commensurate adjustment” in pricing and sourcing garments from developing countries like Bangladesh.
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