Skills gap, employer-employee trust deficit, rising operational cost are the major challenges
Authorities should take sensible steps to restore normalcy
Behind the scenes of ‘Made in Bangladesh’
Bangladesh is poised to overtake China in garment exports to Europe, the world’s largest market, anytime in the near future for work orders shifting its way and its price competitiveness.
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
Work orders to the garment sector in Bangladesh fell by more than 20 per cent for the September and November season as consumers in the western world are tightening their belts owing to blistering inflation and deepening uncertainty caused by the Russia-Ukraine war.
The United States has said it wants to help Bangladesh diversify its private sector to partially move away from the ready-made garment (RMG) industry into other high-value areas, including the digital economy.
Workers of a readymade garment factory in Savar today demonstrated, demanding to reopen their factory and salary for June.
Readymade garment (RMG) workers in Narayanganj, Gazipur and Savar take to the streets, protesting layoff and demanding wages for the month of March.
Readymade garment (RMG) factories across the country are not reopening on April 26 as per the previous decision by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), according to the president of the association, Rubana Huq.