US Ambassador Dan W Mozena yesterday said Bangladesh should create a good climate in relationship with the US to get duty-free access for its readymade garment items to the US market. Mozena also said getting such an access and the benefit of Generalised System of Preferences (GSP) from the US is a political process
rmg
Govt asks owners not to close RMG units in Ramadan
Owners agree to ensure workers’ payment before Eid The government on Thursday directed the apparel factory owners not to close any of their units in Ramadan and to pay workers before Eid-ul-Fitr to head off any disorder in the export-oriented sector. Officials told a home ministry meeting that sudden closure of factories and job cuts ... Read more
Germany now Bangladesh’s largest RMG market in Europe
Among the European Union (EU) countries, Germany alone has become a rising market for Bangladesh’s readymade garments (RMG) in recent years, next to the largest market in USA, according to apparel exporters. BGMEA data show more than US$3.1 billion apparel exports to the largest economy of Europe last fiscal year, a sharp rise with 56 ... Read more
More billion-dollar export sectors in the offing, after RMG and jute
Emergence of jute as the country’s second billion-dollar export earning sector and growth of two other similar sectors are seen as a very significant development for the national economy, say export industry insiders and trade analysts. After readymade garments, jute has emerged as the second billion-dollar export earning sector
Activists call for trust building in RMG sector
Rights activists and international buyers’ representatives on Monday asked garment owners to create trust and confidence in their relationships with workers and employees to avert labour unrest in the factories. Establishing healthy trade union activities at the factory level is a tested mechanism of