Search : RMG Goods

However, RMG owners point to squeezing profit margins, which is forcing them to shelve plans on making further investments to make workplaces safer. Although RMG players are tapping into emerging...

...up an impressive annual average growth rate of more than 6% over the last ten years. However, stagnation of the RMG sector, lower oil prices adversely impacting remittances, and current...

RMG and Textiles industry has consistently been the key driver of Bangladesh export for the last 4 years, covering over 80% of the total export. Hence, the industry has earned...

...remains. High human capital intensive industries like readymade garments (RMG), financial services (including micro-finance), consumer services industry and agriculture can drive the demonetisation and transaction digitisation wave. There are additional...

...purchase goods and services from foreign websites using international credit cards, facilitating e-commerce business with the global market. The 3 types of e-commerce most prevalent in the country are: business-to-business...

...Chinese goods. “Belt and Road” route countries will connect some resource rich countries and the infrastructural changes that need to take place to make this happen will be funded and...

...(CAGR) of 12.67% [1], significantly greater than the country’s GDP growth even considering future targets by the government set at 10%. However, the market is highly dependent on imported goods...

...– a younger population depicts there is strong demand for goods like fast food, coffee and other beverages and consumer durable item; increasing urban population and the nuclear families –...

Bangladesh is home to the eighth largest population in the world. In spite of stagnating exports (RMG) and slightly declining remittance trend, the economy has grown due to rising consumption...

...major competitive advantage considering that more than half of its population of 160 million are in prime working ages (15-54) [3]. Although the RMG sector remains dominant in the nation’s...

...can identify their own greatest needs and can allocate the remittance income accordingly. LINGERING FEAR Recent trend of decreasing remittances has stirred up a lot of people- apart from RMG...

...worth of cotton a year. Stable and controlled cotton supply is an essential need for the burgeoning RMG sector, which contributes 82% of the country’s export. In order to achieve...

...be meticulously navigated in order to make the successful transition into a middle income nation. Rising inequality, slumping RMG export, precariously balanced banking industry are just some of the looming...

...performance over the last decade, registering an average of 25% export growth. Moreover, the industry is the 2nd largest source of employment (after RMG) that currently employs 2.5 million workers....