CPD RMG Study Stitching a better future for Bangladesh
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
Local apparel-makers lift objection to FDI in RMG outside EPZs
The country’s apparel-makers have finally withdrawn their objection to foreign direct investment (FDI) in readymade garment (RMG) industry outside the export processing zones (EPZs), the Financial Express reported citing officials.
Now the government will assign the Export Promotion Bureau (EPB) with the task of issuing utilisation declaration (UD) certificates for foreign-funded apparel factories after getting approval from the Prime Minister’s Office (PMO), the report added.
Severe congestion slows down Ctg port
The owners of different industries say the main cause of the congestion of ships at the port is the infrastructure crisis, Prothom Alo reported.
Since 13 May, on an average every day, around 15 cargo vessels have to wait at the outer anchorage of the Chittagong port, the report added.
Stop operation of illegal boiler in RMG factories: HC
The High Court has directed the government to stop operations of all unauthorised boilers in the garments manufacturing factories and other industries across the country in 60 days, the Daily Star reported.
It also ordered the authorities concerned of the government to carry out inspection of all the RMG factories and other factories or industries using boilers so as to ensure their registration and renewal are in accordance with the Boiler Act, 1923, the report added.
