One has got to feel for the garment workers. Despite the availability of low-cost loans to pay wages, repeated requests from the labour ministry and a recent uptick in work orders from international buyers, they are getting the chop. “So far, more than 25,000 workers have been fired although we have been suggesting the factory…
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The ready-made garment (RMG) industry in Bangladesh is the home of the second-largest apparel seller in the world. RMG is the primary export-oriented industrial sector of Bangladesh and it looks forward to becoming the prime industry in the years to come, as the export statistics suggest. This year amid the Corona outbreak, amongst the total…
Bangladesh and Uzbekistan have agreed to form Joint Working Group (JWG) to boost bilateral trade and investment through removing different barriers. Commerce Minister Tipu Munshi gave the information on Tuesday at a view exchange meeting with Uzbekistan’s Deputy Prime Minister and Investment and Foreign Trade Minister Sardor Umurzakov through a videoconference from the secretariat in…
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have sought the government’s support to mobilise a fund for the well being of the 4.4 million RMG workers in the upcoming budget.In a letter written by the BGMEA president Rubana Haq, a special fund was sought to Finance Minister AHNM Mostafa Kamal to allocate a fund in…
Exports grew 2.69 percent year-on-year to $3.03 billion in April riding mainly on the higher shipment of apparel items. Last month’s receipts, however, fell short of the government’s monthly target of $3.08 billion by 1.52 percent. The overall export of merchandise from Bangladesh also showed a positive trend between July and April, the first 10…