52 factories closed in Ctg in 6 months, work orders down 25%
52 factories closed in Ctg in 6 months, work orders down 25%

The ready-made garment industry is facing mounting challenges, with 52 factories in Chattogram shutting down in the past six months and a 25 percent drop in foreign work orders, industry officials said. The closures have left thousands of workers unemployed as factory owners grapple with rising...

RMG value addition declines
RMG value addition declines

Value-addition to Bangladeshs ready-made garments (RMG) that has been fluctuating in recent years has yet to reach the pre-pandemic level, as higher cost of raw-material imports eats into the export gains. Exporters mainly blame the rise in raw-material imports, especially that of yarn, for such...