The July uprising of 2024 paved the way for reimagining Bangladesh’s economic future.
Why can’t Bangladesh have its own global apparel brand?
Artificial intelligence (AI) offers immense potential to transform Bangladesh’s ready-made garment (RMG) sector
Competitive market pressures, fluctuations in raw material prices responsible for the decline
Explore social compliance audits in Bangladesh’s RMG sector and their impact on workers.
Bangladesh has emerged as an economic success story, primarily through its booming ready-made garments (RMG) sector.
Beximco's problems are evidence of a number of ongoing problems in the garment industry.
The USA's overall apparel imports from the world also fell by 0.33 percent to $67.04 billion during the January-October period, the data showed. China ranked first in apparel shipments to the USA, with Vietnam in second place
Bangladesh has a class problem which deters from effective conversations about the many barriers to operational unionisation in the garment industry.
As the global economy is threatened by recession, RMG makers will have to come up with strategies to deal.
It seems that just as we recover from one crisis – the global pandemic – another one begins.
Bangladesh will remain as the preferred sourcing destination for readymade garment (RMG) items well into the future as the country has substantially improved production facilities and on compliance with regulations over the last few years, said international clothing retailers and brands yesterday.
You may have already seen the social media campaign ‘#payup’, asking Kardashian sisters Kendall and Kylie Jenner to pay up their suppliers in Bangladesh. You may have also read about British brand, Debenhams, which is asking for a whopping 90 percent discount on products from 40 suppliers in the country. What you may not know is that these are only two of at least 1,931 brands which have either delayed, put on hold, or straight-up cancelled their orders since the onset of Covid-19, as per data received from the BGMEA.
It's an era of innovation. It's an era of efficiency. In one part of the world, they are making “smart” jackets, which are creating a microclimate for the wearers, by using carbon fibre heating pads, and are also using Amazon's smart assistant Alexa to even pre-heat the jacket before the consumers are putting them on.
Police yesterday arrested 25 garment workers from Ashulia and Savar industrial zones for their alleged involvement in vandalism, looting goods from factories, and torching vehicles during the weeklong labour unrest that ended on Tuesday.
The call for suspending the operations of the Accord, an inspection and remediation platform of more than 200 global clothing retailers and brands, has been getting louder as garment factory owners are being forced to spend several billion dollars to improve workplace safety.
Since its foundation, the Bangladesh Ready-Made Garment (RMG) sector has enjoyed rapid expansion, reaching an audience of international buyers and contributing to 83 percent of per annum exports, employing some 4.4 million people, and contributing over USD 32 billion to the economy.
The RMG workers, who blocked Dhaka-Aricha highway in Savar protesting the death of their fellow worker this afternoon, withdrew the agitation following the garment authorities' assurance of providing Tk 8 lakh as compassion.
Nine garment manufacturers have abused the Free of Cost facility and dodged tax of around Tk 120 crore by importing raw materials up to 22 times the permissible limit.
