Search Results for: Bangladesh

THE PRESIDENT of the of the Clothing Manufacturers Association of India (CMAI) has told just-style that falling demand from United States and Europe means Indian garment exporters must explore domestic markets for new sales. “For some companies it is a matter of survival, while for the others it is to achieve growth,” said president Rahul Mehta, “I see few other options for them but to try and enter domestic market.”…

THE BANGLADESH government yesterday allocated land close to the capital Dhaka to relocate potentially unsafe garment factories, ahead of the United States Trade Representative (USTR) hearing on March 28 on whether the country should continue to enjoy GSP access to American markets for textiles.…

IN Nepal, women habitually beat men when it comes to doing business. They generate 6% more profits than men, according to a study by the International Financial Corporation (IFC), an arm of the World Bank. “Nearly half of Nepal’s women are economically active and many rural households are female-headed,” said Puja Tandon, co-founder of Nepal-based Beed Management, an international management consulting firm.…

AFTER months of speculation about the future of Poland’s nuclear program, the New Year has brought an encouraging sign of progress.

On January 9, PGE EJ 1, the special purpose vehicle handling the construction of Poland’s first of two planned nuclear power plants, announced the result of a public tender to select a contractor to assess possible sites, looking at a shortlist of three.…

THE CHINESE government is drafting a new five-year anti-corruption plan for 2013 to 2017, which is expected to increase supervision of lower-ranking Communist party cadres. To be finalised and published before June, the new plan, said a Politburo statement is likely to “intensify supervision of officials’ adherence to various disciplines…” The statement backed more “limits and supervision of officials’ power and campaigns to promote a clean work style at grassroots levels…”

Other recent international fraud news:

*Global law enforcement representatives and football executives have met for the first time at a conference held to combat match fixing frauds, which generate millions of dollars of illicit gambling revenue for organised crime syndicates.…

DECLINING demand from the USA and European Union (EU) for Bangladesh knitwear has not dampened the world’s second largest clothing exporter from aiming high. Rather, Bangladesh is planning to more than double its current knitwear exports, to USD20 billion by 2020, seeking out new markets.…

Malaysia’s textile and clothing industry is planning to focus on three key areas – higher value fashion, dyeing and finishing, and technical textiles – to sustain strong growth and continue to compete with significantly lower-cost competition elsewhere in Asia.

The country’s textile and apparel exports grew 28.4% to USD3.8 billion in 2011, according to the Malaysian Textile Manufacturers Association (MTMA), with a further significant increase expected in 2012.…

BY POORNA RODRIGO

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has asked international donors to offer money after a new aid report calling for greener production in Bangladesh’s clothing sector.

The study by the South Asia Enterprise Development Facility, a business initiative of the World Bank’s International Finance Corporation (IFC) said the ready-made garment sector can save 125 billion litres of water annually by cleaning up its textile wet processing units.…

BY POORNA RODRIGO

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The executive director of US based labour-rights group the Worker Rights Consortium (WRC) has told just-style that clothing manufacturers and their buyers in Bangladesh have a “moral obligation” to spend an extra 10 cents to make each garment, to boost factory safety.…

BY MJ DESCHAMPS

WINNERS

Nike

Multinational sporting goods giant Nike made positive moves to shrug the bad PR associated with low cost sourcing, announcing it was "changing the rules of the game" in May, with a new factory rating system – the Sourcing & Manufacturing Sustainability Index.…