Bangla labour welfare fund not receiving expected deposits

2018/08 08 13:08

Bangladesh’s central workers’ welfare fund for the readymade garments (RMG) sector is not receiving the expected deposits, as a number of factories, including those from the export processing zones (EPZs), refrain from contributing, according to labour ministry officials. The fund received Tk100 crore in the last two fiscals—Tk47.68 crore less than what was expected. The […]

RMG workers helpline to become independent initiative

2018/07 30 11:07

Courtesy: Alex Andrews from Pexels Amader Kotha (Our Voice), the landmark confidential 24/7 worker helpline set up in mid-2014 by the Alliance for Bangladesh Worker Safety (Alliance), will transition this month to an independent initiative. The initiative will now have the ability to expand its services beyond Alliance factories and empowering workers in the readymade […]

Bangla labour welfare fund not receiving expected deposits

2018/07 30 11:07

Bangladesh’s central workers’ welfare fund for the readymade garments (RMG) sector is not receiving the expected deposits, as a number of factories, including those from the export processing zones (EPZs), refrain from contributing, according to labour ministry officials. The fund received Tk100 crore in the last two fiscals—Tk47.68 crore less than what was expected. The […]

More sourced from Bangladesh due to remediation: Alliance

2018/07 30 11:07

Global retailers and brands have raised their apparel import from compliant factories in Bangladesh as the country’s readymade garments (RMG) sector has become one of the safest places for workers following the remediation work of the Alliance, the Accord and a national action plan, according to Sean Cady, vice president of US apparel company VF […]

BGMEA sees huge potential in Dhaka-New Delhi textile ties

2018/07 30 11:07

There is a huge potential for further collaboration between Bangladesh and India in the textile and apparel sector that can offer opportunities to both the countries, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) M Siddiqur Rahman recently said. He was speaking at a meeting of business leaders from both the countries in Dhaka. […]

Allow Accord to continue till RCC is ready: Compact

2018/07 30 11:07

Courtesy: Suzy Hazelwood from Pexels The Compact for Continuous Improvements in Labour Rights and Factory Safety in the RMG and Knitwear Industry in Bangladesh (Compact) has urged the Government of Bangladesh to ensure that the Accord operations in Bangladesh continue until the Remediation Coordination Cell (RCC) is deemed ready by the multi-stakeholder Transition Monitoring Committee. […]

IPO of Kattali Textile in Bangladesh gets approval

2018/07 05 05:07

The Bangladesh Securities and Exchange Commission (BSEC) recently approved Kattali Textile Limited’s (KTL’s) initial public offering (IPO) prospectus to raise Tk 34 crore. KTL will offload 34 million ordinary shares at a fixed price of Tk 10 each. The money will be utilised to purchase capital machinery, repay bank loans, install an electric transformer and […]

Dhaka seeks help from developed nations to expand exports

2018/07 05 05:07

Bangladesh is looking for new markets to boost its exports, according to commerce minister Tofail Ahmed, who is hopeful of developed countries continuing their cooperation in that regard as the country graduates from the least developed countries (LDC) group. Ahmed was speaking at a workshop on garment and footwear products of Bangladesh in Brussels recently. […]

US wants Bangladesh to diversify export base: Envoy

2018/07 05 05:07

The United States wants to see Bangladesh diversify its export base and capture more global market share, said US ambassador to the latter Marcia Bernicat. Urging Dhaka to boost the agri-business, pharmaceuticals and information technology sectors, she said no economy should depend on one commodity. She was interacting with diplomatic correspondents in Dhaka. To tap […]

Minimum wage board for Bangla RMG sector going slow

2018/07 05 05:07

The minimum wage board in Bangladesh for reviewing wages in the readymade garments (RMG) industry has met only once in four and a half months since it was formed and is slow in making recommendations. While the workers’ representative on the board has blamed owners for the delay, the owners’ representative has attributed the delay […]