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

Bangladesh workplace deaths double in 2016

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 […]