Search : RMG Goods

...China, which dominates with 36.4% 3. However, China’s share has been falling due to a shift in manufacturing to electronic goods and tariffs due to the recent US-China trade war....

industries of the economy, the RMG sector has a unique pressure upon it to adjust to global trends and stay competitive. While incidents like Rana Plaza painted the Bangladeshi RMG...

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...

...Fast Moving Consumer Goods Industry is amongst the most resilient to economic shocks. Unlike other industries, the FMCG sector is not prone to mass layoffs or substantial dips in profit...

CAGR of RMG export was 21.71% where CAGR of export was 11.50%. In the recent concluded financial year, contribution of RMG sector to the total export was 83.49%, showing YoY...

...beyond RMG products. Exports of non-RMG products declined by 9.5%, dragging down the total export growth rate. In FY 2018, growth of exports to the traditional markets have out-performed exports...

...like Bangladesh have been rushing to capture newfound opportunities in trade once provided by Chinese markets. High growth has been specifically seen in the ready made garments (RMG) sector (with...

...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...

...agriculture. Bangladesh’s great success lies in its being able to fill the gap left by Chinese exporters of RMG products as policy-makers in Beijing shift their focus towards increasing domestic...

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...

...[2] . However, the leather industry has recently been facing a gradual decline in export earnings. In FY18, exports of leather, leather goods, and footwear were $1.08 bn, down from...

...sales. Demand for transport is thus derived demand from the demand for goods and services. In Bangladesh, cargo commercial vehicles are mainly used for the transport of RMG products, construction...

...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...

...dominates exports, i.e., ready-made garments (RMG), accounting for over 80% of the annual export receipts. RMG also accounts for over 45% of gross value added in manufacturing. The overwhelming dependence...

...The government has been providing jute goods manufacturers a 10% corporate tax rate on export earnings until FY2020, down from 15% in the past and a 0.6% source tax on...