Tag Archives: RMG
Finance & Investment 29 January 2021

Bangladesh’s $8 billion credit risk from the global retailers and brands

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Bangladeshi Ready-Made-Garment (RMG) manufacturers are struggling to survive because of a poor cash flow caused by delays in payments by international retailers and brands despite restoration of some orders, widening the payment default risks only further as increasing number of retailers and brands are filing insolvency proceedings by self-administration or bankruptcy protection. This development is […]

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Industries, Textile & Ready Made Garments (RMG) 28 April 2017

Bangladesh workplace deaths double in 2016

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Bangladesh has been struggling for repairing it’s damaged reputation as unsafe workplace, particularly after the collapse of the Rana Plaza factory building on the 24th April 2013 killing 1,135 innocent people. It has experienced 1,402 casualties in the workplace last year, according to a report published by the Bangladesh Institute of Labour Studies (BILS). Last year 699 […]

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Agriculture & Fisheries 1 November 2020

Another $25m IFC loan to a Bangladeshi company PRAN

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International Finance Corporation (IFC), the private sector development arm of the World Bank Group, has provided yet another $25 million loan […]

FDI 21 September 2014

Korean Export Processing Zone at serious risk

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Instead of handing over the Korean Export Processing Zone (KEPZ) to the investor, the government of Bangladesh plans to take back […]

Insights 24 August 2014

Dhaka needs to remove its rocky anti-FDI atmosphere

Korean Ambassador to Bangladesh Lee Yun-young

Korean Ambassador to Bangladesh Mr. Lee Yun-young has said Bangladesh should come out from protectionism and open up its market […]

Insights 7 July 2014

‘Welfare Associations’ to negotiate for rights at Bangladesh EPZ

The Government of Bangladesh today approved, in principle, draft of a labour law for Export Processing Zones (EPZ) with the provision […]

Insights 3 July 2014

Return of GSP seems far off – a lot more must be done

Bangladesh’s progress in implementation of the National Tripartite Plan of Action on Fire Safety and Structural Integrity (the Action Plan) which provides a […]

Insights 4 June 2014

Bangladesh halts shutdown of “unsafe” factories

The Bangladeshi government is refusing to shut down garment factories declared unsafe, following a row with independent inspectors over the […]