Showing 5 out of 5

RMG Exports on the Recovery: Revived Orders, Rejuvenated Hopes

Bangladesh’s Ready-Made Garments and Apparels, has been a consistently high-performing, export-led sector that has contributed immensely to the economy in terms of economic growth and employment generation. The industry holds a strong foothold internationally, reflected by its holding of 6.8% of the global apparel market as of 2019. Besides this, the sector constitutes an approximate […]

What Order Cancellation Means for the Bangladesh RMG Sector

The global apparel industry has been left reeling from the impact of the Coronavirus pandemic as supply chains have been disrupted, trade has dwindled to near-stagnancy, and sentiments have flared, claiming this may be the fulcrum for a new anti-consumerism culture. In McKinsey & Company’s State of Fashion 2020, it was estimated from a survey […]

COVID-19 Brings Winds of Change in Globalization

According to the International Monetary Fund (IMF), the global economy is about to shrink by more than 3 percent in 2020, the sharpest slowdown since the Great Depression in the 1930s. With vaccines at least 12-18 months away and natural immunity at least 2 years away, this outbreak is proving to be a stress test […]

COVID-19 in Bangladesh: A Visual Guide to the Economic Impact

As the global economy is facing the ‘Great lockdown’ recession caused by the COVID-19 pandemic, the economy of Bangladesh too, has been hit hard. With only 15% of the country’s population making more than USD 6 per day, Bangladesh stands in a vulnerable position to tackle the economic impact of COVID-19. This article tries to […]
Join our mailing list to get latest updates at your mailbox.