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By 2025, Middle and Affluent Class Bangladeshis (Individuals with Incomes of $5000 or more) will account for 17% of the population.
Bangladesh’s apparel sector has presented itself as a matured contributor to the country’s export and growth.
Bangladesh is already on the radar of the RMG buyers as a strong player, and won’t be replaced by other markets.
The article focuses on the status quo, challenges, potential, and the way forward of the spinning industry of Bangladesh.
Bangladesh’s RMG sector has a bright future as close competitors like China are moving up the value chain, leaving value…
Although Bangladesh export basket is heavily skewed towards RMG export, several new sectors have cropped up over the last decade.…
by Mamun Rashid: Economic analyst and Vice Chairman, Financial Excellence Ltd and Bijon Islam; Director – Strategy, LightCastle Partners Bangladesh is…
Recently, after rounds of negotiations, the minimum wage for blue-collar RMG workers was increased by 77%.
As the dust settles after the latest round of wage negotiations, with BGMEA and BKMEA accepting the government-determined wage rate.
Bangladesh stands at a safer ground compared to India but the situation may reverse if the export scenario turns for the worse.
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