RMG news and archive

US plans to increase garment imports from Bangladesh

Marcia Bernicat, US ambassador to Bangladesh, confirmed at a press conference following a meeting at the headquarters of the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) in Dhaka last week that the US is planning to increase its imports of ready-made garments from Bangladesh. “The US is the second largest market for...

Fashion Featured

Government moves to raise tax on RMG: Factory owners react sharply

The government of Bangladesh has moved forward to raise source tax on export proceeds within all sectors, including the major foreign currency earner Ready-Made Garment, to 1.0 percent, a decision which received strong opposition from stakeholders. Finance Minister AMA Muhith said on Thursday during his annual budget speech that the parliament...

Fashion

Bangladesh: first two factories finish remediation work

Reaching a new milestone, the first two factories producing ready-made garments have completed all remediation work. They are Concord Fashion Export Ltd. and Jeacon, both located in the same building in Gazipur, Dhaka. The successful completion was verified by engineers of the Accord on Fire and Building Safety in Bangladesh on May 20 and...

Business

New USAID program supports Bangladeshi garment workers

Just in time for the second anniversary of the Rana Plaza disaster, the US Agency for International Development (USAID) has announced a new 'Worker Empowerment Programme' for garment workers in Bangladesh. It will run for three years and support the women and men in Bangladesh's ready-made garment (RMG) sector in terms of labor rights, union...

BusinessFeatured

Bangladesh: Alliance presents progress after 18 months

The US Alliance for Bangladesh Worker Safety (Alliance) has just released its latest 18-month update to highlight the corrective measures taken to ensure worker safety at the Bangladeshi garment factories used by its member companies. "In July 2013, the Alliance for Bangladesh Worker Safety (Alliance) was formed to ensure that no garment worker...

Fashion

India slaps 16 percent duty on RMG imports from Bangladesh

The Indian government has slapped nearly 16 percent countervailing duty (CVD) on import of readymade garments products from Bangladesh. The step comes at a time when RMG exporters in Bangladesh were looking at their neighbouring country as the next biggest export destination after the US and the EU following a withdrawal of import duty on 48...