India Bangladesh Transit Treaty (Part I): The Costs and the Opportunities

Story

India Bangladesh Transit Treaty (Part I): The Costs and the Opportunities

...from India. The Standard Operating Procedure (SoP) for this was signed in October, 2018 according to which goods that reach Chattogram and Mongla sea ports, will be carried by road,...

LightCastle Analytics Wing | December 2, 2020

Story

COVID-19 Impact: Industries Experiencing Growth Due to the Pandemic

...amounts such as salaries of workers in the RMG sector. MFS and Bangladesh Bank have worked on this issue by removing transaction charges on purchase of essential goods such as...

LightCastle Analytics Wing | June 7, 2020

Resource

Developing the Leather Industry in Bangladesh

...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...

Published by: Asian Development Bank (ADB)
Author: Soon Chan Hong
Published on: November 1, 2018

Story

Bangladesh’s Golden Fiber Exports Facing Bottlenecks

...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...

LightCastle Analytics Wing | May 14, 2019

Story

An Update On Special Economic Zones in Bangladesh

...the bulk of which are from the apparel industry, otherwise known as the Ready Made Garment (RMG) sector.[2] According to BEPZA, in the two decades until 2017, EPZs brought in...

LightCastle Analytics Wing | October 17, 2019

Story

Fair Trade: A Gateway to Equity

...to bring positive changes in their lives. Ready Made Garments (RMG) The RMG industry of Bangladesh is on a decline and there is a possibility that it will be in...

LightCastle Analytics Wing | February 6, 2020

Story

Female Unemployment in Bangladesh: Are we on the Right Track?

...employment for women. The entire RMG industry stands on the blood and sweat of the women who work hours after hours making every stitch perfect. However as the data points...

LightCastle Analytics Wing | November 2, 2020

Story

The Pharmaceutical Industry: The Next Stage of Development

...the country shifts to high-value manufactured products from low-value products like RMG, the future of this industry is under intense scrutiny. This expectation is supported by the industry’s 15% CAGR...

LightCastle Analytics Wing | May 25, 2019

Story

Biscuits and Confectioneries Industry of Bangladesh

...with an estimated 5,000 bread and baked goods makers, and around 100 automated factories[2]. Despite the many market players, it is mainly dominated by big brands due to their competitive...

LightCastle Analytics Wing | April 1, 2019

Resource

Bangladesh’s ready-made garments landscape: The challenge of growth

With about $15 billion in exports in 2010, ready-made garments are the country’s most important industrial sector; they represent 13 percent and more than 75 percent of GDP and total...

Published by: McKinsey & Company
Author: Dr. Achim Borg, Saskia Hedrich & Sebastian Kempf & Dr. Thomas Tochtermann
Published on: November 1, 2011

Story

Rawhide Price Shock Caused by Leather Industry Changes

The leather industry was shocked by a steep decline in rawhide prices during Eid-ul-Adha this year. This time of year is when a significant supply of rawhide is generated for...

LightCastle Analytics Wing | September 26, 2019

Report

The Netherlands – Bangladesh ‘Mapping the Ground @ 50 Stitching Partnerships’ Report

...Garments(RMG). Given the macroeconomic stability, demographic dividend, and geopolitical advantage, Bangladesh is in an advantageous position to strengthen economic ties with its long-standing diplomatic partner. At the same time, given...

Story

Capital Markets in Bangladesh: A Call for Prudence and Informed Investment

...connection with the management and the board of directors needs to be delinked. The banking sector provides vital support to the RMG industry in the form of back-to-back Letters-of-Credit (LCs).[4]...

LightCastle Analytics Wing | August 25, 2019

Story

Understanding what a “BB-” Fitch Rating Means for Bangladesh

...capita. They also opine that the business environment and banking sector are still weak and have contributed significantly to the rating. RMG Exports are unsure: The RMG sector constitutes about...

LightCastle Analytics Wing | February 3, 2021

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