MOOTED BANGLADESH INSURANCE HIKE WOULD HARM GARMENT INDUSTRY SAY EXPORTERS
October 2nd, 2013
THE BANGLADESH garment industry is worried about rumours swirling Dhaka about a potential hike in national insurance rates for fire and marine services, saying it would hurt the sector amidst pressure to raise factory standards and wages for garment workers. It would be “too much to absorb” for the industry, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) director Fazlul Hoque told just-style.The government, unions and the industry are set to review wage rates next month, and Hoque said this made talk of a possible hike in insurance ...
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