The knitwear segment has retained its position as the country’s biggest export earner in the readymade garment industry and among all the sectors of Bangladesh.
All export-oriented sectors should get facilities similar to the privileges given to the readymade garment industry to promote diversification and reduce excessive reliance on a single sector, said Salman F Rahman, prime minister's private industry and investment adviser.
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
The readymade garment (RMG) sector of Bangladesh has made universally applauded advances in the fields of ethical and sustainable manufacturing practices, with huge investments being made in the sector to improve working conditions and environmental standards.
Manufacturing in Bangladesh has for the last 30 years been defined by the readymade garment (RMG) industry—and for good reason. The nearly 7,000 RMG facilities in Bangladesh produce 16 percent of all manufactured goods and employ 55 percent of all workers in the manufacturing sector.
Bangladesh's manufacturing sector has grown steadily as the country has industrialised. Manufacturing now accounts for 30 percent of GDP, nearly double the share of agriculture.
GSP is always riddled with the subjectivity of the benefit granting countries. Indeed, trade analysts would recognise that this element of subjectivity is one of the fundamental problems with the GSP regimes.
In order to maintain the competitive advantage, there is a tendency of putting downward pressure on workers' wages and benefits. In this context, for the workers' welfare, there is a critical need for reducing the cost of doing business in Bangladesh.
THE history and development of trade unions in the garment sector is different from other industrial sectors of Bangladesh.
The knitwear segment has retained its position as the country’s biggest export earner in the readymade garment industry and among all the sectors of Bangladesh.
All export-oriented sectors should get facilities similar to the privileges given to the readymade garment industry to promote diversification and reduce excessive reliance on a single sector, said Salman F Rahman, prime minister's private industry and investment adviser.
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
The readymade garment (RMG) sector of Bangladesh has made universally applauded advances in the fields of ethical and sustainable manufacturing practices, with huge investments being made in the sector to improve working conditions and environmental standards.
Manufacturing in Bangladesh has for the last 30 years been defined by the readymade garment (RMG) industry—and for good reason. The nearly 7,000 RMG facilities in Bangladesh produce 16 percent of all manufactured goods and employ 55 percent of all workers in the manufacturing sector.
Bangladesh's manufacturing sector has grown steadily as the country has industrialised. Manufacturing now accounts for 30 percent of GDP, nearly double the share of agriculture.
GSP is always riddled with the subjectivity of the benefit granting countries. Indeed, trade analysts would recognise that this element of subjectivity is one of the fundamental problems with the GSP regimes.
In order to maintain the competitive advantage, there is a tendency of putting downward pressure on workers' wages and benefits. In this context, for the workers' welfare, there is a critical need for reducing the cost of doing business in Bangladesh.
THE history and development of trade unions in the garment sector is different from other industrial sectors of Bangladesh.
Over a hundred workers of a garment unit fall sick after drinking the factory’s supply water in Ashulia, on the outskirts of Dhaka.
