News in the Media

Some news highlights relevant to RMG sector: Clifton’s Unhappy Trade Union: Workers from Clifton Deluxe Fashions Ltd blocked Baizid Bostami Road, Chittagong for an hour in the evening on Sunday, demanding that their factory's trade union election be held. This is a repeat situation as in 2007 and 2015. Savar RMG Workers for Minimum Wage ...

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.

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

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.

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 ...

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.

Some news highlights relevant to RMG sector: Mandatory e-Export: Under the new e-Export, customs officials in Bangladesh will check the authenticity of export permit form (EXP) issued by the banks with the bills though automated Asycuda World System. The National Board of Revenue (NBR) is making e-Export mandatory from December 26, 2016.

ILO Launches RMG Project: Guy Ryder, Director General of ILO inaugurated the five yearlong $ 8.43 million project titled, “Promoting Social Dialogue and Harmonious Industrial Relations in the Bangladesh RMG” on Sunday in Dhaka. BSTMPIA’s New Executive Committee ...

IPOs of Pacific Denims: The public subscription of IPOs of Pacific Denims begins from today and will continue till December 19 for resident and non-resident Bangladeshis. Textile Issues in DSE ...

Some news highlights relevant to RMG sector: ILO’s New RMG Project: The director general of International Labour Organisation (ILO) Guy Ryder will be arriving today in Bangladesh. He will be inaugurating a co-funded initiative of Sweden and Denmark titled ‘Promoting Social Dialogue and Harmonious Industrial Relations in the Bangladesh Ready-Made Garment Industry’ (2016- 2020).