The Ready-made garments industry acts as a catalyst for the development of Bangladesh.
The second biggest apparel supplier in the world in 2017
Bangladesh’s export earnings rose by 5.8% to $36.66 billion in the last fiscal year, while the country earned $34.65 billion from exports in FY1718.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Fabrics manufacturing global market report 2018 sampleSainathMuntha1
The global fabrics manufacturing market was valued at around $360 billion in 2017. Read more: https://www.thebusinessresearchcompany.com/report/fabrics-manufacturing-global-market-report-2018
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Fabrics manufacturing global market report 2018 sampleSainathMuntha1
The global fabrics manufacturing market was valued at around $360 billion in 2017. Read more: https://www.thebusinessresearchcompany.com/report/fabrics-manufacturing-global-market-report-2018
Challenges Faced By Pakistan Textile IndustryHaris Khan
its presentation on Pakistan Textile Industry.
This presentation is prepared by students of Institute of management sciences purely for academic purposes.
it could be turned downed.
Yarn, fiber and thread manufacturing global market report 2018lakshmipraneethganti
Asia Pacific was the largest region in the yarn, fiber and thread manufacturing market in 2017, accounting for around 74% market share.
Read Report
https://www.thebusinessresearchcompany.com/report/yarn-fiber-and-thread-manufacturing-global-market-report-2018
This presentation covers the Macro-environment Analysis of the Indian Textile industry. I have performed Strategic group analysis and strategic group mapping for the industry.
“Current status of Fabric Manufacturing in Pakistan”MaherMubeen
Status of Fabric manufacturing in Pakistan. Problems that Pakistan is facing. Status of Fabric import or export. Role of Government and Recommendations to improve current status.
The global textile manufacturing market was valued at around $872 billion in 2017. Asia Pacific was the largest region in the textiles manufacturing market in 2017, accounting for around 68% market share.
Study on Sourcing Opportunities in PakistanJohn William
Pakistan is a southeast Asian country ruling the export domain in made-up textiles like bed linens and curtains with 3.9 USD billion in 2017. In 2017, it was the 3rd largest exporter of made-up textiles, contributing to 18% of the country’s total exports. The 5th largest cotton producer and the 4th largest exporter of cotton in the world, Pakistan produced 1.8 million metric tons in 2017-2018.
In the last couple of years, the country has seen a rise in the export of woven apparel. Rice is the 3rd most produced crop in the country, and it exports the maximum amount of Basmati and IRRI rice. Also, the cement industry is running at 95% capacity, encouraging manufacturers to invest around $2.25 billion on new production capacity. Talk to a Pakistan sourcing agency to get an insight into investment factors and more in Pakistan.
Growth and Significance of RMG Export in Total Export of Bangladeshijtsrd
The Ready made garments RMG are the major source of export income for Bangladesh. This study is an attempt to measure the change, instability, significance of RMG export to total export and relationship between RMG export and total export of Bangladesh based on secondary data during the period FY1997 98 to FY2016 17 collected from Export Promotion Bureau. Different statistical tools have been used to perform the analysis. The analysis reveals that the RMG export and total export of Bangladesh has increased and total export fully depends on RMG export. The analysis also reveals that the RMG export and total export of Bangladesh are not stable during the study period but its increasing trend is good sign for Bangladesh. Therefore, researcher, policy makers and government should give proper attention to develop technology to increase production of ready made garments and develop new market to increase ready made garments export that raises the total export of Bangladesh. Md. Rasadul Islam | Md. Yasseen Shanewaj Tanvir | Dr. Mohammed Taj Uddin "Growth and Significance of RMG Export in Total Export of Bangladesh" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-1 , December 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29369.pdfPaper URL: https://www.ijtsrd.com/mathemetics/statistics/29369/growth-and-significance-of-rmg-export-in-total-export-of-bangladesh/md-rasadul-islam
India is the world's second largest producer of textiles and garments. Abundant availability of raw materials such as cotton, wool, silk and jute and skilled workforce have made India a sourcing hub. The size of Indian textile and apparel market stood at US$ 89 billion in 2011 and is expected to touch US$ 221 billion by 2020.
The industry is set for strong growth, buoyed by both strong domestic consumption as well as export demand. The organised apparel segment is expected to grow at a CAGR of more than 13 per cent over a 10-year period creating enormous opportunities. Apparel constitute a large share in the overall sector, accounting for 69 per cent in 2012 while textile contributed 31 per cent to the total market share. The total exports of textile and apparel sector from India grew to US$ 33.3 billion in FY12 from US$ 17.6 billion in FY06, implying a compounded annual growth rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.h rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.
India's growing population has been a key driver of textile consumption growth in the country. Changing lifestyle, rising incomes and increasing demand for quality products are set to fuel demand for apparel.
The Government of India (GOI) is taking initiatives to attract foreign investments in the textile sector through promotional visits to countries such as Japan, Germany, Italy and France. The government has allowed 100 per cent foreign direct investment (FDI) in the sector through the automatic route. In the 12th Five Year Plan (2012-17), the government plans to spend US$ 9.1 billion on textiles as against US$ 4 billion in the 11th Plan.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
What Makes Bangladesh – A Hub of Garment Manufacturing?ThreadSol
Did you know that Bangladesh ranked 6th on the list of top apparel exporting countries back in 2006? What is it that brought Bangladesh’s apparel industry where it is today?
Challenges Faced By Pakistan Textile IndustryHaris Khan
its presentation on Pakistan Textile Industry.
This presentation is prepared by students of Institute of management sciences purely for academic purposes.
it could be turned downed.
Yarn, fiber and thread manufacturing global market report 2018lakshmipraneethganti
Asia Pacific was the largest region in the yarn, fiber and thread manufacturing market in 2017, accounting for around 74% market share.
Read Report
https://www.thebusinessresearchcompany.com/report/yarn-fiber-and-thread-manufacturing-global-market-report-2018
This presentation covers the Macro-environment Analysis of the Indian Textile industry. I have performed Strategic group analysis and strategic group mapping for the industry.
“Current status of Fabric Manufacturing in Pakistan”MaherMubeen
Status of Fabric manufacturing in Pakistan. Problems that Pakistan is facing. Status of Fabric import or export. Role of Government and Recommendations to improve current status.
The global textile manufacturing market was valued at around $872 billion in 2017. Asia Pacific was the largest region in the textiles manufacturing market in 2017, accounting for around 68% market share.
Study on Sourcing Opportunities in PakistanJohn William
Pakistan is a southeast Asian country ruling the export domain in made-up textiles like bed linens and curtains with 3.9 USD billion in 2017. In 2017, it was the 3rd largest exporter of made-up textiles, contributing to 18% of the country’s total exports. The 5th largest cotton producer and the 4th largest exporter of cotton in the world, Pakistan produced 1.8 million metric tons in 2017-2018.
In the last couple of years, the country has seen a rise in the export of woven apparel. Rice is the 3rd most produced crop in the country, and it exports the maximum amount of Basmati and IRRI rice. Also, the cement industry is running at 95% capacity, encouraging manufacturers to invest around $2.25 billion on new production capacity. Talk to a Pakistan sourcing agency to get an insight into investment factors and more in Pakistan.
Growth and Significance of RMG Export in Total Export of Bangladeshijtsrd
The Ready made garments RMG are the major source of export income for Bangladesh. This study is an attempt to measure the change, instability, significance of RMG export to total export and relationship between RMG export and total export of Bangladesh based on secondary data during the period FY1997 98 to FY2016 17 collected from Export Promotion Bureau. Different statistical tools have been used to perform the analysis. The analysis reveals that the RMG export and total export of Bangladesh has increased and total export fully depends on RMG export. The analysis also reveals that the RMG export and total export of Bangladesh are not stable during the study period but its increasing trend is good sign for Bangladesh. Therefore, researcher, policy makers and government should give proper attention to develop technology to increase production of ready made garments and develop new market to increase ready made garments export that raises the total export of Bangladesh. Md. Rasadul Islam | Md. Yasseen Shanewaj Tanvir | Dr. Mohammed Taj Uddin "Growth and Significance of RMG Export in Total Export of Bangladesh" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-1 , December 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29369.pdfPaper URL: https://www.ijtsrd.com/mathemetics/statistics/29369/growth-and-significance-of-rmg-export-in-total-export-of-bangladesh/md-rasadul-islam
India is the world's second largest producer of textiles and garments. Abundant availability of raw materials such as cotton, wool, silk and jute and skilled workforce have made India a sourcing hub. The size of Indian textile and apparel market stood at US$ 89 billion in 2011 and is expected to touch US$ 221 billion by 2020.
The industry is set for strong growth, buoyed by both strong domestic consumption as well as export demand. The organised apparel segment is expected to grow at a CAGR of more than 13 per cent over a 10-year period creating enormous opportunities. Apparel constitute a large share in the overall sector, accounting for 69 per cent in 2012 while textile contributed 31 per cent to the total market share. The total exports of textile and apparel sector from India grew to US$ 33.3 billion in FY12 from US$ 17.6 billion in FY06, implying a compounded annual growth rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.h rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.
India's growing population has been a key driver of textile consumption growth in the country. Changing lifestyle, rising incomes and increasing demand for quality products are set to fuel demand for apparel.
The Government of India (GOI) is taking initiatives to attract foreign investments in the textile sector through promotional visits to countries such as Japan, Germany, Italy and France. The government has allowed 100 per cent foreign direct investment (FDI) in the sector through the automatic route. In the 12th Five Year Plan (2012-17), the government plans to spend US$ 9.1 billion on textiles as against US$ 4 billion in the 11th Plan.
RMG industry in Bangladesh has always been the country's backbone. Being the 3rd largest apparel exporter in the world after China and Vietnam, the South Asian apparel manufacturing powerhouse is showing good signs in its global apparel exports. Team Apparel Resources has prepared a presentation to let the readers everything know about Bangladesh's RMG industry.
What Makes Bangladesh – A Hub of Garment Manufacturing?ThreadSol
Did you know that Bangladesh ranked 6th on the list of top apparel exporting countries back in 2006? What is it that brought Bangladesh’s apparel industry where it is today?
This paper investigated the Contribution of RMG to the National Economy of Bangladesh. The understanding between the buyer and supplier is now better than before. At present, Bangladesh is the world-second largest apparel exporter. If the growth continues, within a few years Bangladesh will be the world-largest apparel exporter.
Bangladesh: Forecast of Growth Industries & Tax Incentives for IndustriesLightCastle Partners
Unlike many of its South Asian neighbors, Bangladesh has been experiencing a continuously increasing GDP growth rate for the last five years – driven by strong consumption and public investment, recovery of apparel exports and high remittance growth. The Government has created liberal investment and business operation policies regarding taxation, import duties and work documentation among others, in a manner that encourages greater foreign investment in the secondary and tertiary sector. Drawing lessons from the Chinese economic success story, Bangladesh is promoting industrialization by setting up Special Economic Zones across the country, while attracting investments through investment friendly policies like tax holidays. The policy focuses heavily on thrust sectors that are primarily export oriented such as agro-based industries and manufacturers that specialize in ICT, artificial flower-making, electronics, frozen food, jute goods, jewelry, leather, oil, gas, textiles, construction and tourism.
Wastra publications covers analysis of manufacturing ideas in garment industry including how to set up a garment factory, opportunities, insights and trends
Wastra publications covers analysis of manufacturing ideas in garment industry including how to set up a garment factory, opportunities, insights and trends
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
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https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
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www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
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Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
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2. • Bangladesh’s export earnings rose by 5.8% to $36.66 billion in the last fiscal year, while the country earned
$34.65 billion from exports in FY17
• The export target will be set with a focus on the Readymade Garment (RMG) sector
• Of the total target, $32.69 billion or 83.49% is expected to be earned from the apparel sector.
• According to data from the Export Promotion Bureau (EPB), Bangladesh’s export earnings from the RMG sector
stood at $30.61billion in the last fiscal year, posting 8.76% growth.
About Export in Bangladesh
3. • The readymade garments industry acts as a catalyst for the development of Bangladesh
• The country with its limited resources has been maintaining 6% annual average GDP growth rate
• The sector accounts for 81% of total export earnings of the country
• Bangladesh had a clear advantage in wage and so it was cheapest in making garment
• Number of Active Garments Factories around 4560 in FY 2017-2018.
• Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5
percent share of the market, according to data from WTO.
About Garments in Bangladesh
5. BD Export AT GLANCE- 2018
30148
1086
1026
879
508
244
103
98
674
110
1793
82.2%
3.0%
2.8%
2.4%
1.4%
0.7%
0.3%
0.3%
1.8%
0.3%
4.9%
BD EXPORT AT GLANCE
Export in USD M Contribution %
ahaque336@gmail.com
6. RMG SECTOR
Contribution
on Total
Export - Last
Five Years
• More than 80% export earning is generated from RMG sector in Bangladesh
• RMG industries has been maintaining 2-5% annual average growth rate on Export
Data Source: EPB Through BGMEA, Bangladesh
YEAR
EXPORT OF RMG
(IN MILLION US$)
TOTAL EXPORT OF
BANGLADESH
(IN MILLION US$)
% OF RMG’S TO TOTAL
EXPORT
2013-14 24491.88 30186.62 81.13
2014-15 25491.4 31208.94 81.68
2015-16 28094.16 34257.18 82.01
2016-17 28149.84 34655.9 81.23
2017-18 30614.76 36668.17 83.49
ahaque336@gmail.com
7. Geographical RMG Factory Location (BGMEA List)
~ 5K companies is located mainly in 4 areas i.e Dhaka, Chittagong, Narayangonj,Gazipur
Source: BGMEA enlisted company list only
Region
Total #
Companies
Area wise
contribution in
%
Chittagong 673 14%
CMN 55 1%
Dhaka 2528 51%
Gazipur 648 13%
Narayangonj 842 17%
Others 36 1%
Undefined 194 4%
Grand Total 4976 100%
ahaque336@gmail.com
9. • EXPORT OF MAIN ITEMS (IN MILLION US$)
MAIN APPAREL ITEMS
EXPORTED FROM
BANGLADESH
YEAR SHIRTS TROUSERS JACKETS T-SHIRT SWEATER TOTAL
2013-2014 2,174 5,691 2,973 5,864 2,933 19,634
2014-2015 2,271 5,698 3,183 6,064 2,829 20,046
2015-2016 2,317 6,319 3,774 6,119 3,182 21,711
2016-2017 2,108 6,027 3,547 5,862 3,362 20,905
2017-2018 2,064 6,389 3,978 6,292 3,675 22,398
Data Source: EPB Through BGMEA, Bangladesh
ahaque336@gmail.com
10. BANGLADESH
RMG Export
to World CY
2016, 2017 &
2018
In Millions USD
Data Source: EPB Through BGMEA, Bangladeshahaque336@gmail.com
11. • The readymade garments industry acts as a catalyst for the development of Bangladesh
• The country with its limited resources has been maintaining 6% annual average GDP growth rate
• The sector accounts for 81% of total export earnings of the country
• Bangladesh had a clear advantage in wage and so it was cheapest in making garment
• Number of Active Garments Factories around 4560 in FY 2017-2018.
• Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5
percent share of the market, according to data from WTO.
About Garments in Bangladesh
12. Bangladesh's share in global Market share
The country sealed Bangladesh place as the second largest exporter of apparel products Bangladesh's global
market share in clothing rose to 6.4% in 2016, an increase of 0.50% over the previous year. Bangladesh’s export
earnings from the apparel industry, the lifeline of foreign currency earners, have seen only a 0.20% rise to $28.15
billion
ahaque336@gmail.com
13. - The Government of Bangladesh has identified the leather sector as one with considerable
growth and investment potential ranked fifth in the export earning sector
- Bangladesh bagged $438 million in export earnings from the footwear sector alone in the last
fiscal year and has become the sixth largest footwear and leather goods exporter in the world
- The leather industry, the second largest export earning sector of Bangladesh, registered a
downward trend in exports earnings in the past eight months. In 2016-17, for the same
period export earnings total 827.62 million USD, when in 2017-18 it has reached 784.97
million USD, representing a decline of 5%.
About Leather & Footwear
14. Export performance of leather industry July-
November FY’2018-19 (in million USD)
Products
Export
Performance
July-Nov.
2017-18
Export
Performance
for July-Nov.
2016-17
% Change
2017-18 Over
2016-17
(July-Nov.)
Leather 81 115 -29.81
Leather
Products
185 186 -0.77
Leather
Footwear
253 233 8.55
Other
Footwear
108 102 6.28
TOTAL 626.57 635.92
Data Source: EPB Through lfmeab.org, Bangladesh
ahaque336@gmail.com
15. - A survey reveals in 2016 on 50’s Stocks Trader/exporter by textile today that ‘Stock lot’ entrepreneurs who are
creating 3000 jobs per year are doing 18 Million US dollar business every year without any major factory
facilities. It has been found that buyers from Thailand, Saudi Arabia, Singapore, Malaysia, Africa, Europe,
Canada, Japan, Australia and Middle East are buying most of the stock lots from Bangladesh. The survey was
conducted by interviewing 50 stock lots suppliers with a set of questionnaire.
- In Exporters SG List: 750 Exporter/Trader members found for Garments stock lot in Bangladesh.
- Demands of branded surplus or stock lot garments are increasing day by day in the domestic area and in the
international market. Now a day’s buyers from various parts of the world are looking for surplus or stock lot
garments from Bangladesh.
- The readymade garment (RMG) sector in Bangladesh has suffered a loss of US$ 20 million in the month of
December 2013, due to shipment delay, cancellation of orders, extra-burden of air freight, price discounts, and
losses due to vandalism, according to a survey, reports Dhaka Tribune.
About Stocks Lot business in Bangladesh