Somebody knocks on door: - Who is there? - Police? - What do you want? - We want to talk. - How many of you are there? - Two. - So talk with each other. There are two types of guests: the ones‚ who want to stay longer‚ and the ones‚ who want to go home asap. Strangely enough‚ these two types are normally found in married couples. What’s worse than eating an apple and finding a worm? Eating an apple and finding half a worm. Plants discuss: Broccoli: "It seems to me that I am like
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more this segment: 1. Cheap labor cost. 2. Free from hardly government regulation. 3. Climatologically fit. 4. High demand. 5. Efficient labor force. 6. More profitable business. 7. Properly directed. But nowadays‚ in RMG sector there are lots of problems & neglections are arising. Such as‚ Bangladesh’s apparel came under scrutiny after the collapse of the Rana Plaza garment factory building in April that killed over 1‚100 people and the Tazreen Fashions Ltd factory
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that we can analysis the readymade garment (RMG) sector of Bangladesh and find out the problems and remedies of this sector. Objectives of the study: The main objectives of this report are * To gain knowledge about the industrial unrest in the readymade garments industry of Bangladesh. * To identify the problems of RMG sector of Bangladesh. * To analysis the problems of this sector. * To fine out the remedies that could solve the problems of RMG sector. * To gain in-depth knowledge about
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INDUSTRY OF BANGLADESH 1. Introduction 1.1 Background The growth of ready-made garment (hereafter referred as RMG) industry is one of the most significant socio-economic developments in contemporary Bangladesh. The country emerged as a garments exporter in 1977 when the first consignment was exported to the then West Germany by Jewel Garments. Since then the RMG industry in Bangladesh has grown phenomenally. In the 1980s‚ there were only 50 factories employing only a few thousand
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The ready-made garment (RMG) industry of Bangladesh started in the late 1970s and became a prominent player in the economy within a short period of time. The industry has contributed to export earnings‚ foreign exchange earnings‚ employment creation‚ poverty alleviation and the empowerment of women. The export-quota system and the availability of cheap labor are the two main reasons behind the success of the industry. In the 1980s‚ the RMG industry of Bangladesh was concentrated mainly in manufacturing
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Text i les Excise duty on readymade Garments fur ther reduced: Excise duty of 10% is appl icable to branded ready-made garments wi th abatement of 55% f rom the Retai l Sale Pr ice. Along wi th increase in duty to 12%‚ FM proposes to enhance the abatement to 70%. As resul t ‚ the incidence of duty as a percentage of the Retai l Sale Pr ice would come down f rom 4.5% to 3.6%. In terms of impact ‚ there would be marginal benef i t to text i le companies in the higher
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MACROECONOMIC ANALYSIS The Ready-Made Garments (RMG) industry contributes to the Bangladesh economy in a distinctive manner. The last 20 years witnessed unparalleled growth in this sector‚ which is also the largest exporting industry in Bangladesh. It has attained a high profile in terms of foreign exchange earnings‚ exports‚ industrialization and contribution to GDP within a short span of time. The industry plays a significant role in terms of employment generation. Nearly two million workers
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The industry of RMG is one of the most potential and revenue earning sector of Bangladesh. The standing of the RMG market is known worldwide. It was started in the late 1970s. Soon it became one of the major economical strength for Bangladesh. The RMG sector has added very much in earning foreign exchange‚ balancing export and import‚ huge unemployment problem for the country and empowerment of women along with giving them financial support. The main markets of the Bangladeshi RMG products are North
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Labor Unrest in Bangladesh RMG Sector: Does Active Labor Union Reduce the Risk of Labor Unrest in RMG Sector? A Dissertation by Urmi Tamanna ID-07272026 MAGD Batch-2 Submitted to Institute of Governance Studies BRAC University Dhaka In Partial Fulfillment of the Requirement for the Degree of Master of Arts in Governance and Development (MAGD) Institute of Governance Studies BRAC University‚ Dhaka‚ Bangladesh November 2010 Declaration I hereby declare that I am the sole
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Growth of RMG Sector in Bangladesh Prepared by Tasnia Tajin 12364046 Tasnim Khanam Alis 12364048 Course Name: Managerial Economics (Microeconomics) Course ID: ECO 501 Submitted to Dr. Sayera Younus Date: 14. 12. 2012 Contents 1. Abstract 2. Introduction 3. History 4. An Overview of the Bangladesh Ready Made Garment Industry 5. Growth of RMG industry in Bangladesh 6. Reasons behind the Growth of RMG Industry in Bangladesh 7. Challenges faced by the RMG sector in
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