Search Results for: Bangladesh

THE ASIA-PACIFIC (APAC) region’s oil and gas sector faces an unprecedented level of decommissioning for which it is under-prepared and lacks experience, analysts have warned. Unclear regional government regulations coupled with a lack of local expertise mean that companies and regulators face a steep learning curve, high initial costs and the potential for mistakes, according to the consultancy group Wood Mackenzie’s latest analysis.…

CHINA’S plans to become a significant exporter of nuclear power technology to the USA may have been targeted by new tariffs announced in June by the USA, but the Chinese nuclear sector anticipated the move and is pushing ahead with its plans to create a comprehensive supply chain.…

BANGLADESH’S garment owners and trade unions are far apart in the fraught ongoing minimum wage negotiations, proposing pay floors that are widely divergent.

The country’s clothing manufacturers have offered Bangladesh Taka BDT6,360 (USD76) as a minimum monthly wage for entry-level workers in their industry, up from the USD63 set in 2013.…

The digital integration of Bangladesh’s booming textiles and garment sector is gaining pace, with ‘Industry 4.0’ becoming a watchword for becoming more competitive. One company that has been taking such technological development very seriously is the Dhaka-based DBL Group, which has targeted digital efficiencies to turbocharge its business growth. …

FIRST coined in Germany in 2010, Industry 4.0 – the term for automation and data exchange in manufacturing technologies – has been adopted by many countries as an industrial goal. And, with innovation in cyber physical systems, such as the Internet of Things (IoT), cloud computing and cognitive computing continuing at a rapid pace, the potential of this fourth industrial revolution is capturing the imagination of Japan’s academia, commerce and government.…

THE NEWLY signed 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could help Vietnam boost garment and textile exports to the lucrative Australian market significantly. But the Asian clothing makers may still face big challenges in taking market share in this mature market away from China, experts warn. …

PAKISTAN’S textile industry associations have urged their government to provide “an enabling environment” and relax import duties on raw materials to encourage exporters and boost value-addition for the country’s struggling textile industry.

Reacting to Sindh province governor Mohammad Zubair’s remarks in which he highlighted the importance of the industry adding value to its products to boost textile exports, association leaders say his comments are unfounded as manufacturers are doing their best but battling high production costs, against which they have campaigned long and hard.…

THE EUROPEAN Union (EU) has moved ahead with its plans to impose temporary safeguard duties on imports into the EU of USA-made knitwear, as a reaction to the levying of American import duties on aluminium and steel imports.

The EU executive, the European Commission, has published a regulation that should see some of the duties in force by July, after they have been approved by the EU trade barriers committee.…

THE BANGLADESH government could shut down more than 750 apparel factories if the units fail to complete safety improvement work by December (2018), the country’s junior labour and employment minister Mujibul Haque made the announcement.

“The factories that will not complete the work by December will be closed down in January,” he said in a statement issued by Bangladesh’s ministry of labour and employment.…

THE ALLIANCE on Bangladesh Worker Safety has also received a renewed mandate to carry on its health and safety work. The Alliance’s responsibilities will now be extended to December this year (2018), said Jim Moriarty, executive director at the Alliance, whose authorisation was supposed to end on July 10, (2018), but will now be extended.…