Aimed at doubling value addition from $1 billion per million bales to $2 billion per million bales during five years and double textile exports from $13.1 billion to $26 billion, besides facilitating investment of additional $5 billion in machinery and technology, the textile policy 2014-19 has remained fail to achieve desired targets.
Read More »India likely to miss $45bn target for textile exports
Textile and garment exports are likely to miss the USD 45 billion target for 2017-18, as the industry reels under the impact of GST roll out and tariff advantages enjoyed by competitors like Bangladesh and Vietnam, according to textile industry body CITI.
Read More »April 08, 2018: Labour Force Survey, low work ethics and remittance inflow growth
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. 26.9 million people are self-employed in Bangladesh Some 44.3 per cent ...
Read More »Women workers push for rights in Bangladesh’s fashion factories
When Ayesha Akhter walks into the factory where she works, the supervisor greets her with a smile and wishes her a pleasant day - a major change after years of physical and verbal abuse from managers in Bangladesh’s $28 billion garment industry.
Read More »United Nations Committee urges Bangladesh to improve labour conditions
The United Nations Committee on Economic, Social and Cultural Rights has urged the government of Bangladesh to fight for decent wages for all workers, revise its labour laws and to speed up the adoption of its national employment injury scheme.
Read More »Trade dispute with China could hurt US retailers
The Trump administration’s trade dispute with Beijing could slam U.S. retailers if tariffs are implemented and lead to higher prices or a shortage of merchandise.
Read More »April 04, 2018: private sector credit growth, overseas employment and inflation rate decline
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. Private sector credit grow by 18.49% Private sector credit grew 18.49 ...
Read More »Export earnings decline by 1.38pc in March
Export earnings fell 1.38 percent year-on-year to $3.05 billion in March due to a decline in leather goods shipment.
Read More »Illegal employment of foreigners hurting Bangladesh economy
The country is missing out on a huge amount of revenue due to the illegal employment of foreigners
Read More »Indian textiles industry is seeking steps to end backdoor entry of Chinese textiles
Amid a fast increasing import of garments made of Chinese fabrics from Bangladesh, the Indian textiles industry is seeking "tweaking of South Asian Free Trade Area (SAFTA) rules of origin" to make use of yarn and fabrics of Indian origin mandatory for exporting apparel to India, an official said on Tuesday.
Read More »