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
Almost 90% of Bangladesh’s workers are unskilled
The government will have to make the workforce in the country skilled if it wants to achieve the five to seven year growth targets, Dhaka Tribune reported citing a study.
Bangladesh Institute of Development Studies (BIDS)’s report said skill gap was a major issue in the agro-food, construction and RMG sectors, the report added.
RMG export: GSP plus not enough for Lanka to catch up with Bangladesh
Despite a recent move by the European Union to restore Sri Lanka to its highly favorable Generalized System of Preferences Plus programme, the country will find it hard to catch up with Bangladesh, which has powered ahead in textile and apparel production in the last few years, the Financial Express reported.
Analysts say that Sri Lanka needs to do more to catch up with countries such as Bangladesh, which is now the world’s second-largest clothing exporter after China, the report added.
Multinationals rallying Chinese investors to choose Bangladesh
International promoters are rallying hundreds of Chinese companies under one roof in Beijing to motivate them to choose Bangladesh as a highly potential investment destination, the Financial Express reported.
UK-based financial-publication Euromoney will organise the daylong China-Bangladesh Investment Forum on August 21, the report added.
The report said that local private commercial bank City Bank and global financial giant Standard Chartered will be the lead sponsors, sources said.
