Can Bangladesh Textile Exports Survive?
September 5, 2010
Ahsan Mansur explains the need for a cautious evaluation of the garment industry’s current boom
The ongoing global economic crisis is having a devastating impact on all export dependent
Objections to new RMG wage galore
August 21, 2010
Some 343 garment owners have filed objections before the Minimum Wages Board in a plea to cut salaries of workers in the new pay scale announced recently.
As per the rules, the Minimum Wages Board (MWB) will now call meetings relating to the fixations of wages for around 3.0 million workers.
Sewing up in garments sector
August 18, 2010
IT is quite unfortunate that several thousand garment workers rampaged through different parts of the capital and Gazipur on July 30, rejecting the new wage structure and demanding Tk.5,000 as minimum wage from August. The angry workers vandalised vehicles and around 200 business establishments, including several garment factories, resulting in injury of at least 25 people including five police.
Garment wage spikes
August 10, 2010
The government yesterday formally announced the new minimum salary structure for readymade garment sector hoping to put an end to the longstanding labour unrest over wages.
How long will garments factories remain death traps?
August 10, 2010
Death rarely comes by appointment. It arrives without warning, as it did at Garib and Garib sweater factory at Bhogra under Gazipur district on February 25. 21 workers, 15 of them female, died and several others were injured. When such death occurs due to human negligence and callousness, one has to feel scared.
Bangladesh gets Moody’s rating, outlook stable
April 21, 2010
Credit rating agency Moody’s Investors Service yesterday for the first time assigned Ba3 to Bangladesh and termed the country’s outlook stable.
April 21, 2010
Businesses and travellers are left high and dry as travels to Europe have been cancelled or rescheduled, as a large part of airspace in the continent has remained shut for a fourth day. Read more
ADB projects FY ’10 GDP at 5.5 per cent
April 15, 2010
The Asian Development Bank (ADB) has forecast a 5.5 per cent gross domestic product (GDP) growth for Bangladesh in the current fiscal year, down from the official target of 6.0 per cent.
Power outages risk thousands of jobs in the manufacturing sectors
April 14, 2010
Unabated power shortage is risking thousands of jobs in small and medium sized manufacturing factories in Bangladesh as factory owners are forced to apply the manpower downsize option to make up their losses. Read more
Apparel workers’ wage board meets on April 15
April 9, 2010
The minimum wage board for about three million apparel workers of the country sits on April 15 to review the wages.
It has sent notices to all its members to attend, a board member told New Age. Read more