International cotton prices have significantly fallen but brought little cheer to local spinners and garment manufacturers suffering from a drop in work orders from international retailers and brands.
The news that Bangladesh has more green RMG factories than any other country in the world is a delightful one. Over the last few years, Bangladesh's garment industries, the lifeline of the country's economy, have faced repeated calls to strengthen their factory safety and security.
What will kill RMG in Bangladesh? Trans-Pacific Partnership or security fears? It may certainly be the second one and not the first. To begin with, the full text of the TPP is not yet available.