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News from World

tag: RMG

10 February 2023

South Korea is the world’s 10th-biggest economy and is leading an oriental fashion revolution

But the won has long been treated like an emerging-market currency. The government is trying to change that — and join currencies like the U.S. dollar, euro, and yen — by loosening trading restrictions. The new measures will double the hours of open trading and let international investors deal directly with local brokerages that might offer better rates. South Koreans are the world's biggest spenders on luxury goods and the country is the first and the biggest foreign investor in the RMG and textile sector in Bangladesh

 

 

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leather-tech-dhaka-tribune-1572538053749.jpeg 05 April 2022

The potential of Bangladeshi leather export along the belt and road initiative

Bangladesh has a great deal of prospects to increase its leather exports to the countries of the Belt and Road Initiative (BRI). This article of the Dhaka Tribune argues that the leather sector could boost Bangladesh's exports diversification strategy to reduce the country’s overdependence on the ready-made garments (RMG) sector.

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covid_economy.jpg 07 February 2022

Bangladesh, companies discouraged due to "Covid Economy"

According to the "Business Confidence Index" survey, conducted by South Asian Network on Economic Modeling(SANEM), general business confidence between January-March falls compared to October-December 2021. There are 7 manufacturing sectors observed (+8 service sectors): RMG, textiles, leather goods and tannery, pharmaceutical and chemical, food industry, electronics, and mechanics.

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