Search Results for: Bangladesh
10 results out of 737 results found for 'Bangladesh'.
BANGLADESH KNITWEAR WORKERS STRIKE QUELLED FOR NOW
BY RAGHAVENDRA VERMA
BANGLADESH’S knitwear industry owners have worked with police to quell violent strikes by workers who had been demanding higher wages in the country’s key clothing sector. The protests started June 19, spreading across four districts, and two days later 10,000s of workers pelted stones and set vehicles on fire while police used rubber bullets and tear gas in Ashulia, a clothing manufacturing centre about 30 kilometres from Dhaka.…
BRAZIL AND INDIA OPEN KNITWEAR MARKETS FOR POOREST COUNTRY EXPORTERS
BY KEITH NUTHALL
MAJOR emerging markets Brazil and India have told the World Trade Organisation (WTO) they are fulfilling commitments to open their markets duty-free to the 49 poorest countries worldwide (called ‘least developed countries’ of LDC) mostly sub-Saharan African, Asian and Pacific islands.…
COTTON YARN PRICES RISE IN THE SUBCONTINENT
BY RAGHAVENDRA VERMA
WITH an aim to moderate the domestic prices of cotton yarn, last week the Indian government said it would suspend a 7.5% duty concession for exporters – essentially raising the price of Indian cotton by 3.5% on world markets (because of a complex formula framing these tariffs).…
COTTON PRICES AFFECT BANGLADESH DYE IMPORTS
BY RAGHAVENDRA VERMA
THE BANGLADESHI demand for textile dyes and finishing chemicals such as sodium sulphate, oxalic acid and ferrous sulphate – imported from the UK, Asia and India – could deflate as the country’s US$10 billion apparel industry is facing a sudden rise in input costs.…
SWELLING COTTON YARN PRICES IN BANGLADESH SPELLS TROUBLE FOR KNITWEAR INDUSTRY
BY RAGHAVENDRA VERMA
A SWIFT rise in the price of south Asian cotton yarn has forced closures in Bangladesh’s US$6.43 billion knitwear export sector and pushed some manufacturers to the brink as the whole industry struggles to overcome the costing problem.…
BANGLADESH YARN PRICE RISE HITS KNITWEAR EXPORTERS
BY RAGHAVENDRA VERMA
THE PRICE of yarn in Bangladesh has risen 20%-30% within the last month, affecting knitwear exporters. Fazlul Hoque, president of the Bangladesh Knitwear Manufacturers and Exporters Association, said this would harm the sector and hit 150 to 200 factories.…
The parsimony of rich governments starves the world’s poor
By Alan Osborn, International News Services
Nature has dealt a string of savage blows to the world’s hungry and poor over the past year or so but just when we might have hoped for rich countries and individuals to help out by digging a bit deeper into their pockets, along comes the economic recession. The crunch may or may not have imposed genuine limits on the cash available to alleviate drought and famine but it has certainly given cautious people a wonderful excuse for doing less, especially after the record food aid donations of 2008.
In fact there’s been a succession of crop-destroying droughts, typhoons, floods and earthquakes in Africa and south-east Asia this year at the very time that needs are greater because of the rise in unemployment and the fall in remittances to home countries from nationals working abroad.…
BANGLADESH KNITWEAR COMPANIES TO RECEIVE ADDITIONAL GOVERNMENT HELP
BY RAGHAVENDRA VERMA
BANGLADESH knitwear companies such as Ambia Fashion Wear and Knitex International are looking forward to further relief following their government’s announcement last week of a second economic stimulus package within one year. It will funnel US$150 million to Bangladeshi export industries – mainly in the knitwear, garments and textiles sector – through direct export subsidies, fiscal policy support and assistance to lower input costs.…
India will be test-bed for emerging market countries fighting Maoist insurgencies
By Raghavendra Verma, in New Delhi
India is the latest example of a country struggling against a Maoist insurgency fuelled by rural inequality, showing how emerging market governments worldwide risk harbouring violent rebel groups while promoting economic development.
In Peru, the notorious Maoist guerrilla group ‘The Shining Path’ continue operations, funded by the illicit drug trade, after a major insurgency in the 1980s and 1990s failed to achieve its political ends. In Nepal, an armed insurgency was successful, ending with a peace accord in 2006, its Communist Party of Nepal (Unified-Maoist) (CPN-UM) joining the country’s parliament and briefly leading its government.…
India will be test-bed for emerging market countries fighting Maoist insurgencies
By Raghavendra Verma, in New Delhi
India is the latest example of a country struggling against a Maoist insurgency fuelled by rural inequality, showing how emerging market governments worldwide risk harbouring violent rebel groups while promoting economic development.
In Peru, the notorious Maoist guerrilla group ‘The Shining Path’ continue operations, funded by the illicit drug trade, after a major insurgency in the 1980s and 1990s failed to achieve its political ends. In Nepal, an armed insurgency was successful, ending with a peace accord in 2006, its Communist Party of Nepal (Unified-Maoist) (CPN-UM) joining the country’s parliament and briefly leading its government.
Other Maoist groups continue to operate in pockets worldwide, for instance in The Philippines, Bangladesh, Bhutan and Sri Lanka. But it is maybe in India where the phenomena has most prominence today. The Indian government, for its part, has identified the Maoist insurgency as a leading domestic security concern and it is unclear how this insurgency will end.…