After two months of sluggish growth, Bangladesh’s exports surged in March, driven by strong growth in the readymade garment (RMG) sector.
“Bangladesh’s export sector has demonstrated a commendable performance,” said the EPB
Most listed readymade garment (RMG) producers secured higher profits during the October-December period of this fiscal year, buoyed by global demand even amidst the myriad challenges plaguing Bangladesh’s overall business climate.
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.
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) workers of a factory in Savar stage a demonstration demanding their due salaries.
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.
