Industry Insight

Industry Insight

Industry insight news,views & articles

Figure 1: Sawpan Kumar Ghosh, Executive Director and A.K.M.S. Asaduzzaman, Asst. General Manager (HR & Compliance) of S.M. Knitwears received the certificate from Mali Stelzer, CSR Global Director of NKD

S. M. Knitwears gets sustainability certification from NKD

S. M. Knitwears Ltd., a sister concern of S. M. Group which is a leading textile company in Bangladesh achieved a certificate for sustainability... Read More

New wage board to revise wages for apparel workers..

Bangladesh government has formed a new wage board for the RMG sector to formulate a new wage structure for apparel workers, which will recommend... Read More
Figure 1: LNG requires huge investment in its use and distribution networks.

Is LNG the true alternative of NG?

The government has stepped to form a whirling fund worth of Tk. 32 billion to finance the initial import cost of liquefied natural gas... Read More
Figure: Distinguished guests were present in the 11th AGM of Paramount Textile Ltd in Dhaka.

Paramount Textile Ltd’s 11th annual general meeting held

The 11th Annual General Meeting (AGM) of Paramount Textile Ltd was held on 9 December, which was presided by Anita Haque, Chairman of the... Read More
Figure1: Increase of wage in taka from 1985 to 2016.

Cheap labor will not be a long-term solution to survive in the global competition

Cheaper labor is available in Bangladesh compared to other countries in the world. Indeed, the labor wages of Bangladesh are among the lowest in... Read More
Figure 1: Distinguished guests were present in the seminar.

Survey exposes top 10 competency gaps of Bangladesh professionals

Bangladesh needs more skilled human capital to become middle income country by 2021 and a developed nation by 2041. If Bangladesh wants to achieve... Read More

Bangladesh’s terry towel sector needs government support to cater growth opportunities

Terry Towel industry is playing a special role in Bangladesh's export trade. This sub-sector of textile is moving forward with a great demand in... Read More
Figure1: Different products of Eastern Fabric Limited.

Eastern Fabric’s legacy of producing high quality household and decorative products

Though Bangladesh is the second largest apparel exporter in the world, it could not flourish the traditional woven sector where a lot of revenues... Read More
Figure 1: Siddiqur Rahman, President, BGMEA delivered speech at Annual General Meeting in the capital.

BGMEA wants to avoid any sort of unrest or interruption for next wage hike

Steer the wage hike to avoid unrest: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) informed that they have asked government to form a minimum wage... Read More
Figure 1: Graph shows labor cost of different countries where Bangladesh’s labor cost is the lowest only $111 per month for Japanese companies. (Source: Japan External Trade Organization)

Labor cost rise in China shifts Japanese companies to Bangladesh

Due to wages rise in China, Japanese manufacturing companies are looking for cheaper production bases elsewhere in Asia. One country where they are coming... Read More
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