To maintain its position as a global leader in the garment industry, Bangladesh must prioritise unity and stability.
We need to look at what the business community needs from our state and non-state institutions.
The RMG industry has provided lakhs of women, with their first formal employment opportunities.
A country’s energy mix may even one day override all other issues given the climate crisis we face.
The invasion of Ukraine by Russia in 2022 had significant implications for the global gas supply chain, and caused what many termed a gas crisis. The reduction in supply led to a dramatic rise in gas prices globally. .Indeed, gas prices in Europe reached unprecedented levels, impacting ene
We live in a world where approximately 9.2 percent of the global population lives on less than $2.15 per day according to figures from 2019.
The carbon offsetting schemes that have been discredited in the past could be improved
Are fashion brands becoming more than retailers of clothing?
What does a “contract” actually mean? I am sure many garment factory owners have been pondering over this issue these past few weeks. Here’s a simple definition of a contract: “A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.”
It has taken more than four decades of incredibly hard work to build up the Bangladeshi RMG industry. In fact, the first export-oriented RMG industry of Bangladesh began when Daewoo of South Korea established a joint venture in 1977, almost 43 years ago.
Recently, I wrote about how coronavirus (COVID-19), which is now on the verge of becoming a global pandemic, has provided a wake-up call for Bangladesh and its RMG industry.
Never under-estimate the power of marketing and PR. At present, there is a huge disparity in the global apparel industry in terms of who is doing what with regard to sustainability. Some brands are doing a lot. Some brands are doing a little. Some brands are doing nothing at all.
News of another apparel factory tragedy on February 8, which claimed seven innocent lives, throws into sharp focus how much is still needed to be done in the global apparel industry to ensure the safety of its workers.
The corona-virus, which has already killed hundreds of people in China and is now making its way across the globe, will inevitably cause significant disruption to apparel supply chains during 2020. The question is, to what extent, for how long, and how will Bangladesh be impacted?
In family businesses, the concept of “succession planning” is well known. It is the process of identifying and developing new leaders who can replace old leaders when they leave, retire or die.
"You can’t sell anything if you can’t tell anything,” stated Beth Comstock, former vice chair of General Electric, and I feel this is true when we consider the advances in sustainability made by the apparel industry of Bangladesh and the growing global awareness of the importance of the sustainability agenda.
We need to talk more in the workplace. We need to communicate better. We need to get things out in the open, to air grievances, share our hopes, fears and concerns and, where appropriate, ideas, aspirations and goals for the future.
"Find the right price for an irresistible offer, which, by the way, isn’t necessarily the lower price.” So stated W. Chan Kim, Professor of Strategy and Management at INSEAD, one of the world’s leading and largest graduate business schools.