readymade garment
9 sectors hold 70pc bad loans
Around 70 per cent of default loans in the banking sector is concentrated in nine sectors of the economy as many borrowers are finding it difficult to pay instalments for the dragging economic slowdown while willful defaulters are also a major factor.
RMG makers can go digital to remain visible
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
Govt committed to RMG workers’ welfare: commerce secretary
The government is firmly committed to the Sustainability Compact and the welfare of millions of readymade garment (RMG) workers, said Commerce Secretary Mofizul Islam.
Bangladesh Apparel Industry: Naive negotiation and a rat race
The quote "Let us never negotiate out of fear. But let us never fear to negotiate", from John F Kennedy is a mantra that should be adopted by all of us working in the readymade garment (RMG) sector of Bangladesh when entering into price discussions with our trading partners.
Bangladesh diversifies
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.
MINIMUM WAGE REVIEW IN RMG SECTOR / What negotiators should keep in mind
The government of Bangladesh has recently formed a new wage board for the readymade garment (RMG) industry where 4.4 million workers are currently employed. There are around 45 industrial sectors in our country, each with its own set minimum wage. This means that there is no national minimum wage.
Editorial / Retailers' worry over RMG unrest
Readymade garment (RMG) sector, the financial barometer of the country, has witnessed a slew of violent unrest at regular intervals in the last couple of years.
RMG worker’s body found at Ashulia factory
Police recover ed the body of a readymade garment worker at his factory in Ashulia of Savar, outskirts of Dhaka.
COPENHAGEN CONSENSUS / RMG: Smartest Strategies
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.
CPD hails reform measures
The Centre for Policy Dialogue (CPD) yesterday lauded the reforms made after the Rana Plaza disaster to ensure workers' safety at
Transparency International Bangladesh lauds safety standard at garment industries
Transparency International Bangladesh (TIB) yesterday lauded the improvements in the safety standard at readymade garment industries in Bangladesh and termed the development “revolutionary”.
ADB forecasts 6.7% growth for 2015-16
Banlgadesh’s growth for this fiscal will improve marginaly and stand at 6.7 percent driven by apparel export and domestic consumption, Asian Development Bank forecasts.
Banks to stay open Jul 15 to clear RMG wages
Scheduled banks at RMG areas in Dhaka, Narayanganj, Ashulia, Tongi, Savar and Chittagong will stay open for payments of wages.
Is the new model of trade unions the answer?
THE history and development of trade unions in the garment sector is different from other industrial sectors of Bangladesh.
Post-Rana Plaza initiatives and sustainability of the RMG sector
THE tragedy that took place on April 24, 2013 in a suburb of Bangladesh, a few miles away from the capital, became a global tragedy.
UC Berkeley first to have Bangladesh studies centre
Improving garment-industry safety, designing apps to solve social problems and gathering data on antibiotic-resistant bacteria found on fruits and vegetables: These are among the innovative research projects made possible by UC Berkeley’s new Subir & Malini Chowdhury Centre for Bangladesh Studies
Bus torched for hurting 2 RMG workers in Gazipur
Garment workers torch a bus at Zirani Bazar in Savar, on the outskirt of Dhaka, Tuesday morning after the vehicle hit and injured two of their fellows