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Bangladesh apparel industry needs long-term planning

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RMG Bangladesh
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apparel industry

Bangladesh apparel industry needs to work on its market strategies for the future as after getting the status of a developing nation in 2021, the country will lose the export benefits it currently enjoys being a least-developed nation. As of now, it has zero-duty benefit to the European Union (EU) and Generalised System of Preferences (GSP) to some nations. Apparel exports to EU will face a duty of 12.5 per cent after 2021. International buyers who currently import apparel from Bangladesh are also likely to work out strategies with Bangladesh’s long term plans, said Johan Frishell, Swedish ambassador to Bangladesh at a discussion during the fifth Bangladesh Denim Expo in Dhaka, according to Bangladeshi media reports. Bangladesh can continue to enjoy zero-duty benefits to EU even after 2021, if it attains the GSP Plus status. It can be attained by maintaining international standards in human rights, environmental balance and curbing corruption. Long-term plans are also likely to ensure a sustainable business for Bangladesh and offer long-term predictability to international buyers. The country should also carry out bilateral negotiations with buyers from EU, Canada and the US to continue receiving duty-free benefits after it becomes a developing nation, said Frishell. Thomas Prinz, German ambassador to Bangladesh suggested that the country should focus on products that are socially and environmentally compliant. Roger Hubert, regional head of Bangladesh and Pakistan of H&M is of the opinion chemical, water and waste management should be a priority for the Bangladeshi government and entrepreneurs. He added that mandatory industrial accidental and life insurance should also be in place for the skilled labour force. At least 2,000 new garment factories will have to be established in Bangladesh to achieve the target of exporting garments worth $50 billion by the end 2021 and the country is likely to achieve it, said Arshad Jamal Dipu, chairman, Tusuka Group. Najeeb Sayed, country manager and dress director of PVH Bangladesh believes that marketing is important for achieving this target and he also suggested increasing the efficiency level of the workers to maximise production and reduce costs.

13 die in garment factory fire in India

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RMG Bangladesh
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13 die in garment factory fire in india

Thirteen workers died in a fire at a suspected illegal garment factory on the outskirts of the Indian capital early yesterday as they slept in the workshop. The blaze started in the early hours of the morning on the ground floor of the narrow residential building, which was being used to make fake leather jackets, on the eastern edge of New Delhi. Residents rushed to the factory after they heard screams from those trapped inside as the fire quickly spread to the first floor where most of the workers were sleeping, eyewitness Shahabudin Ali said.

13-die-in-garment-factory-fire-in-india-05“We started dousing the fire ourselves with buckets and garden pipes,” he said.  “The fire department officials reached only two hours after the fire. “The police confirmed that 13 people died, adding that the fire was likely caused either by a short circuit or a cigarette. “The fire broke out at a factory in a residential area of Sahibabad around 4:30 am in the morning. Thirteen people, who were sleeping there have died and another two or three people are getting treated at the hospital,” Bhagwat Singh, local police spokesman told AFP. Police superintendent Salman Taj said that three of the dead were burnt to death while the others died of smoke inhalation. Residents and a local fire officer said that two of the workers survived by jumping from the building’s balcony. “The two of them woke up by chance and say they screamed for others to wake up while running towards the terrace but others didn’t wake up, perhaps it was already late,” local fire officer Abbas Hussain said. Hussain described piles of leather stacked in the building’s narrow staircase and cramped workshop, adding that the factory was most likely illegal. “From what we see, there was nothing proper and the factory must surely not have been a legal one but we can say for sure only after a proper investigation,” Hussain said.Police superintendent Taj confirmed that the two building owners had been detained. South Asia’s lucrative garment industry has a particularly alarming safety record, with watchdogs saying safety rules are routinely flouted. A huge fire triggered by a boiler explosion at a packaging factory just north of the Bangladeshi capital Dhaka left 25 people dead in September. In November 2012, at least 111 workers were killed when a devastating fire engulfed a nine-storey garment factory outside Dhaka. The accident was followed by an even bigger disaster six months later when 1,138 people died after a clothing factory complex collapsed, trapping more than 3,000 workers. The Rana Plaza tragedy triggered international outrage and put pressure on European and US clothing brands to improve pay and conditions at the factories that supply them. More image:

13-die-in-garment-factory-fire-in-india-04 13-die-in-garment-factory-fire-in-india-02 13-die-in-garment-factory-fire-in-india-03

 

British team to review HSIA security to resume cargo flights

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RMG Bangladesh
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cargo

A high-power British transport department team is set to review the enhanced security arrangements at the Hazrat Shahjalal International Airport this week in a view to resume direct cargo service between Dhaka and London, suspended in early March. One of the director generals of the UK department of transport and another of its official will evaluate the security steps the government had taken. The civil aviation and tourism ministry’s additional secretary Abul Hasnat Mohammad Ziaul Hoque told New Age that ‘the two-member British team will review the technical aspects of the security measures (of the airport).’ He said lifting of the ban is depending on the report to be prepared by this visiting delegation. Bangladesh employed a British private aviation security firm, deployed trained aviation security personnel and installed both light and heavy security equipment at the HSIA to intensify security measures. The civil aviation and tourism ministry secretary SM Ghulam Farooque is currently visiting UK. Civil aviation minister Rashed Khan Menon said the secretary is supposed to meet the UK’s transport department officials to discuss a quick resumption of the cargo flights. A senior official of Biman Bangladesh Airlines, which mainly handles cargos at the HSIA, said several teams recently visited Dhaka but none conveyed Bangladesh as to when the moratorium would go. He said the British authorities considered Dhaka airport as a risky destination despite the airport complied with RA3, a set of procedures maintained by a cargo-handling entity located in a third country that ensures security controls, including screening. The system is applied to all Europe-bound consignments. On March 10, the UK had banned air cargo directly flying from Dhaka to London, until further notice as the Hazrat Shahjalal International Airport failed to meet some international security requirements. The British report had identified poor screening both of passengers and consignments, especially, lack of explosive tracking devices. The government engaged British security firm ‘Redline Assured Security’ to upgrade the security management and training of personnel at the airport at a cost of Tk 73.25 crore. The firm will continue their project until March 2018, officials said. The civil aviation minister claimed before the reporters on November 8 that the government had already fulfilled the necessary conditions for resuming Dhaka-London direct cargo flight, but ‘We are not sure why the ban is not being lifted.’ Menon on the same day held a meeting with British high commissioner in Bangladesh, Alison Blake. In the meeting at the secretariat, Menon again requested the British envoy to resume the cargo flight. ‘We employed the British firm complying with our prime minister’s advice as we had feared that suspension of cargo might affect the passenger flight, too. We made the deal in order to lift the ban but it was not lifted,’ a senior official who formulates aviation policies told New Age. The official, however, claimed that ‘the resumption of cargo flight not only depends on the security aspects; rather it is much more connected with bilateral relations.’ According to a press release, issued on November 8, Blake assured the Bangladesh government of withdrawing the ban. The government has stepped up security arrangements of a dozen domestic and international airports amid intermittent violent attacks (not at the airports) since September 2015. The last one– the first ever knife attack at the HSIA on November 6 that left one Ansar member, Shohag Ali, killed and five other security personnel injured– also raised alarm anew.

ThreadSol eyes business potential of Bangladesh’s RMG

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RMG Bangladesh
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rmg factories

ThreadSol, an Indian software provider, is eyeing the business potential of Bangladesh’s ready-made garment industry by providing its innovative solutions to help apparel-makers increase their efficiency by reducing material usage and production cost. “Bangladesh is now our main focus to expand our business with its growing garment industry,” Manasij Ganguli, founder and chief executive officer of ThreadSol, said in an interview with the FE on Thursday. Garment manufacturing is shifting from China ushering opportunity for the countries like Bangladesh, Vietnam and Cambodia, he said, adding that the production cost is still lower in Bangladesh than that of its rival countries. Even though Bangladesh is the second largest garment exporter in the world, the country unfortunately meets a larger share of fabric requirements through import as it is not a cotton producing country, he said. In the field of garment manufacturing, dealing with the waste of fabric is a major concern and the company has come up with a solution to deal with it, he explained. Fabric cost is about 60 to 70 per cent of the total production cost, Mr Ganguli said, adding that ThreadSol saves up to 10 per cent of fabric cost. “Our software helps garment manufacturers to estimate his or her fabric requirements accurately and buy exactly what is needed. No more, no less with least wastage.”   The solutions help generate the most suitable and optimised cut plan from millions of possible combinations in just one click, he noted, adding that it helps save fabric, increase cutting room productivity and reduce wastage. Once a manufacturing unit takes the solutions, wastage comes down to less than one per cent, he added. IntelloBuy, accurate material estimation solution, saves 10 per cent material cost at buying stage reducing workload and saves millions of dollars of material costs. IntelloCut, automated service, saves 10 per cent material at production level, minimise wastage level and maximise utilisation and IntelloTrace is an intelligent production management solution for comprehensive tracking. The company headquartered in Singapore is currently operating in 12 countries including Bangladesh, China, Vietnam, Cambodia, Sri Lanka, Turkey and Egypt. It opened its office in Dhaka last year and Pacific Jeans, Fakir Apparels and Epic Group are among the 25 Bangladeshi garment factories and clients of ThreadSol that save up to 10 per cent of fabric. The annual turnover of the company that went into operation two years back is nearly US$ 3.0 million. Now the company has a total of 95 clients. “We are growing 300 per cent year-on-year and want reach $ 100 million turnover within next five to six years,” Mr Ganguli said. “Business should remain hungry for growth and that is why we are here,” he added. The visiting CEO of ThreadSol, which participated in the fifth edition of the two-day Bangladesh Denim Expo ended on Wednesday, said they got good response from the expo.

Apex Footwear most-traded issue on DSE

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RMG Bangladesh
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apex footwear most-traded issue on dse

Apex Footwear Limited dominated the transaction chart of the Dhaka Stock Exchange (DSE) on Thursday while Bangladesh Steel Re-rolling Mills (BSRM) Limited was the most-traded issue on the port city bourse. Five most-active shares in terms of value on the premier bourse were Apex Footwear, Confidence Cement, Bangladesh Building Systems, Shasha Denims and Square Pharmaceuticals. According to the statistics available with the DSE, some 822,293 shares of Apex Footwear were traded, generating a turnover of nearly Tk 329 million. It was 5.09 per cent of the DSE’s total turnover value. The company’s share price hovered between Tk 380 and Tk 408.40, before closing at Tk 387.30 on the day, advancing 2.50 per cent over the previous day. Apex Footwear published its first quarter financial reports on the day. As per Q1 report, its earning per share (EPS) was Tk 11.73 for July-September, 2016 as against Tk 13.67 for July-September, 2015. Net operating cash flow per share (NOCFPS) was Tk 19.22 for July-September, 2016 as against Tk 24.73 for July-September, 2015. Net asset value (NAV) per share was Tk 231.95 as of September 30, 2016 and Tk 220.22 as of June 30, 2016. The company earlier disbursed 50 per cent cash dividend for the year ended on December 31, 2015. The company’s paid-up capital is Tk 112.50 million and authorised capital is Tk 500 million while the total number of securities is 11,250,000. The company’s total market cap stood at Tk 4,225.50 million as on Thursday. The sponsor-directors own 21.82 per cent stake in the Apex Footwear while institutional investors own 36.41 per cent and the general public 41.77 per cent as on October 31, 2016, the DSE data showed. Apex Footwear was, closely followed by Confidence Cement with about 2.58 million shares worth nearly Tk 320 million changing hands. The company’s share price closed at Tk 127.80 each, advancing 6.76 per cent over the previous day. Bangladesh Building Systems was third on the DSE transaction list with 5.77 million shares worth nearly Tk 247 million changing hands. The company’s share price rose 7.09 per cent to close at Tk 43.50 each. Shasha Denims emerged as fourth on the premier bourse’s turnover chart with about 4.27 million shares of Tk 237 million changing hands. The company’s share closed at Tk 56.90, soaring 9.63per cent. Square Pharmaceuticals was the fifth on the DSE’s turnover list with 789,291 shares worth Tk 214 million changing hands. The company’s price shed 0.07 per cent to close at Tk 271.50 each. Besides, the five most-traded stocks in terms of turnover value on the Chittagong Stock Exchange (CSE) were Bangladesh Steel Re-rolling Mills Limited, Square Pharma, Apex Footwear, Bangladesh Building Systems and Shasha Denims. According to the CSE data, some 156,654 shares of Bangladesh Steel Re-rolling were traded, generating a turnover of Tk 23.21 million. The Chittagong-based steel maker’s share price fell 1.68 per cent to close at Tk 146.30 each on the port city bourse. Square Pharma was the second on the CSE turnover list with 66,263 shares worth Tk 17.97 million changing hands. The company’s share closed at Tk 271.30 each, advancing 0.07 per cent. Apex Footwear was the third on the port city bourse’s turnover chart with 30,606 shares of Tk 12.34 million changing hands. The company’s share price rose 6.39 per cent to close at Tk 391.40 each. Bangladesh Building Systems was the fourth on the port city bourse’s turnover list with 249,473 shares of Tk 10.63 million changing hands. The company’s share closed at Tk 43.10, soaring 6.39 per cent. Shasha Denims was fifth on the CSE transaction list with 170,617 shares of Tk 9.59 million changing hands. The company’s share price jumped 9.85 per cent to close at Tk 56.90 each.

ডেনিম প্রদর্শনীতে ৫ হাজার দর্শনার্থী

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RMG Bangladesh
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garment

বিদেশি ক্রেতা প্রতিষ্ঠান ও ব্র্যান্ডের প্রতিনিধি এবং দেশের উদ্যোক্তাদের মাঝে ভালো সাড়া জাগিয়ে গতকাল বুধবার শেষ হয়েছে বাংলাদেশ ডেনিম এক্সপো। দুই দিনের এই প্রদর্শনীতে পাঁচ হাজারের বেশি দর্শনার্থী এসেছেন। তাঁদের মধ্যে একটা অংশ ছিল বিদেশি ক্রেতা ও ব্র্যান্ডের প্রতিনিধি।

ঢাকার আন্তর্জাতিক কনভেনশন সিটি বসুন্ধরায় এবারের ডেনিম এক্সপোতে বাংলাদেশসহ ১৫টি দেশের ৫৪টি প্রতিষ্ঠান তাদের নিজেদের কারখানায় উৎপাদিত ডেনিম কাপড়, জিনস, জ্যাকেট, বিভিন্ন ধরনের ডেনিম পোশাক এবং বোতাম, জিপার, লেভেলসহ নানা সরঞ্জাম প্রদর্শন করছে। প্রদর্শনীতে ছিল বাংলাদেশের ১২টি প্রতিষ্ঠান।

গতবারের মতো এবারও প্রদর্শনীতে অংশ নিয়েছিল নাসা তাইপে ডেনিমস লিমিটেড। প্রতিষ্ঠানটি মাসে প্রায় ১৮ লাখ গজ ডেনিম কাপড় উৎপাদন করছে। জানতে চাইলে নাসা গ্রুপের পরিচালক সোহেল রানা গতকাল প্রথম আলোকে বলেন, ‘প্রদর্শনীতে আমাদের নিয়মিত ক্রেতা-প্রতিনিধিরা ছাড়াও নতুন ক্রেতা এসেছেন। আজ (গতকাল) কোরিয়ার দুই ক্রেতা এসেছিলেন। তাঁদের সঙ্গে বড় একটি ক্রয়াদেশ নিয়ে কথাবার্তা হয়েছে।’

জানতে চাইলে ডেনিম এক্সপোর প্রতিষ্ঠাতা ও প্রধান নির্বাহী কর্মকর্তা মোস্তাফিজ উদ্দিন গত রাতে প্রথম আলোকে বলেন, প্রত্যাশা চেয়েও বেশি সফল হয়েছে এবারের প্রদর্শনী। সাড়ে সাত হাজার জনকে আমন্ত্রণপত্র দেওয়া হয়েছিল। গতকাল সন্ধ্যা পর্যন্ত দুই দিনে পাঁচ হাজারের বেশি দর্শনার্থী এসেছেন বলে জানালেন তিনি।

বিজিএমইএর অবৈধ প্রক্রিয়ার সঙ্গী ছিল রপ্তানী উন্নয়ন ব্যুরো

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RMG Bangladesh
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বিজিএমইএর অবৈধ প্রক্রিয়ার সঙ্গী ছিল রপ্তানী উন্নয়ন ব্যুরো

বিজিএমইএ ভবনের জমিটি ছিল বাংলাদেশ রেলওয়ের। এর স্বত্ব পাওয়ার আগেই বিজিএমইএর সঙ্গে এ জমি হস্তান্তরের চুক্তি করে বাংলাদেশ রপ্তানী উন্নয়ন ব্যুরো (ইপিবি)। হস্তান্তর প্রক্রিয়াটি তাই বৈধ ছিল না বলে সর্বোচ্চ আদালতের রায়ে উল্লেখ করা হয়েছে। আর অবৈধ প্রক্রিয়ায় হস্তান্তর করা ওই জমির ওপরই নিজস্ব অফিস কমপ্লেক্স গড়ে তোলে তৈরি পোশাক শিল্প মালিকদের সংগঠন বিজিএমইএ। অর্থাত্ বেগুনবাড়ি খাল ও হাতিরঝিল লেকের ওপর বিজিএমইএ ভবন গড়ে তোলার যে অপকর্ম, তাতে সমর্থন জুগিয়েছে ইপিবি।

ভবন ভাঙতে হাইকোর্টের রায়ের বিরুদ্ধে বিজিএমইএর লিভ টু আপিল খারিজ করে গত ২ জুন রায় দেন আপিল বিভাগ। গত মঙ্গলবার আপিল বিভাগের পূর্ণাঙ্গ রায় প্রকাশ করা হয়। রায়ে বলা হয়েছে, বিজিএমইএ কমপ্লেক্স কারওয়ান বাজারের ২৩/১ পান্থপথের লিংক রোডের যে জমিতে অবস্থিত, সেটি ২০০৬ সালের ১৭ ডিসেম্বরের আগে ছিল বাংলাদেশ রেলওয়ের। জমিটি হস্তান্তরে ইপিবি ও বিজিএমইএর মধ্যে চুক্তি স্বাক্ষর হয় ২০০১ সালের ৭ মে। আইনগতভাবে এ হস্তান্তর কোনোভাবেই বৈধ নয়। কারণ জমিটিতে ইপিবির বৈধ মালিকানা ছিল না। ২০০৬ সালের ১৭ ডিসেম্বর বাংলাদেশ রেলওয়ে জমিটি ইপিবিকে হস্তান্তর করে। ফলে জমিটির বৈধ মালিক হওয়ার পাঁচ বছর আগেই ইপিবি ও বিজিএমইএর মধ্যে জমি হস্তান্তর সম্পন্ন হয়। এর মাধ্যমে ‘ট্রান্সফার অব প্রোপার্টি অ্যাক্ট, ১৮৮২’ ও ‘রেজিস্ট্রেশন অ্যাক্ট, ১৯০৮’ লঙ্ঘিত হয়েছে। আদালতের রায় অনুযায়ী, যেহেতু জমিটির হস্তান্তরই আইনসিদ্ধ হয়নি, তাই ভবন নির্মাণে রাজধানী উন্নয়ন কর্তৃপক্ষসহ (রাজউক) অন্যান্য কর্তৃপক্ষ থেকে নেয়া বিজিএমইএর ছাড়পত্রও বৈধ নয়। এ হিসাবে বিজিএমইএ ভবনটি শুধু অননুমোদিতই নয়, অবৈধও বটে।

‘ট্রান্সফার অব প্রোপার্টি অ্যাক্ট, ১৮৮২’-এর ৫৩ সি ধারা, ‘রেজিস্ট্রেশন অ্যাক্ট, ১৯০৮’-এর ৫২ ধারা ও জলাধার আইন, ২০০০-এর ৫ ধারা অনুযায়ী, ইপিবি ও বিজিএমইএর মধ্যকার জমি হস্তান্তর চুক্তিটি আইনের চোখে বিক্রি বা ইজারা কোনোটিই নয়। আদালতের মতে, বৈধ অধিকার ছাড়াই ভবনটি নির্মাণ শুধু অবৈধই নয়, এটি বিজিএমইএর ক্ষমার অযোগ্য জালিয়াতি ও ভয়াবহ প্রতারণা। ইপিবির এ অবৈধ হস্তান্তর ছাড়াও বিল্ডিং কনস্ট্রাকশন অ্যাক্ট, ১৯৫২-এর ৩ ধারা অনুযায়ীও হাতিরঝিল লেক ও বেগুনবাড়ি খালে বিজিএমইএর ভবন নির্মাণ অবৈধ।

রায়ে আরো বলা হয়েছে, আলোচ্য জমিসহ আরো বেশকিছু জমি মূলত ছিল বাংলাদেশ রেলওয়ের। এর মধ্যে ৫ দশমিক ৫৫ একর জমি বাংলাদেশ রেলওয়ের সংশ্লিষ্ট কর্মকর্তার মাধ্যমে ইপিবির কাছে হস্তান্তর করা হয়। পরে এ জমি থেকে দশমিক ৬৬ একর ইপিবির মাধ্যমে ইজারা নেয় বিজিএমইএ, যার বিনিময়ে ইপিবিকে কিস্তিতে ৪৩ কোটি ৫৬ লাখ ৮৬ হাজার ২৭৪ টাকা পরিশোধ করে সংগঠনটি। ২০০৩ সালের জুলাইয়ে চিঠির মাধ্যমে শর্তসাপেক্ষে রাজউক বিজিএমইএকে ভবন নির্মাণের নকশার অনুমোদন দেয়। এর পর ২০০৬ সালের আগস্টে আরেক চিঠিতে বিজিএমইএকে অননুমোদিত অবকাঠামো সরিয়ে ফেলতে বলে রাজউক। সেই সঙ্গে পূর্ণাঙ্গ অনুমোদনের আগে নির্মাণকাজ শুরু করায় বিজিএমইএকে সাড়ে ১২ লাখ টাকার জরিমানা করা হয়।

রাজউকের অনুমোদন ছাড়া বিজিএমইএ ভবন নির্মাণ করছে উল্লেখ করে ২০১০ সালের ২ অক্টোবর একটি ইংরেজি দৈনিক প্রতিবেদন প্রকাশ করে। প্রতিবেদনটি আদালতের দৃষ্টিতে আনা হলে বিজিএমইএ ভবন ভাঙা হবে কিনা, তা জানতে চেয়ে ওই বছরের ৩ অক্টোবর স্বতঃপ্রণোদিত হয়ে রুল জারি করেন আদালত। রুলের চূড়ান্ত শুনানি শেষে ২০১১ সালের ৩ এপ্রিল বিজিএমইএ ভবন অবৈধ ঘোষণা করে রায় দেন হাইকোর্ট। রায়ে ৯০ দিনের মধ্যে ভবনটি ভাঙার নির্দেশ দেয়া হয়। পূর্ণাঙ্গ রায় প্রকাশের আগেই বিজিএমইএ ওই অপসারণের আদেশ স্থগিত চেয়ে আবেদন করলে ওই বছর ৫ এপ্রিল হাইকোর্টের রায়ের ওপর ছয় সপ্তাহের স্থগিতাদেশ দেন সে সময়ের চেম্বার বিচারপতি। পরবর্তীতে আপিল বিভাগ স্থগিতাদেশের মেয়াদ আরো বাড়ান। পরে ২০১৩ সালের ১৯ মার্চ পূর্ণাঙ্গ রায় প্রকাশ করেন হাইকোর্ট।

পূর্ণাঙ্গ রায়ে হাইকোর্ট বলেন, জমিটির ওপর বিজিএমইএর কোনো মালিকানা নেই; তা একান্তই সরকারের। অর্থাত্ ওই জমি বিজিএমইএ জবরদখল করে আছে। যেকোনো জবরদখলকারীর মতোই বিজিএমইএকে উচ্ছেদ করতে এবং ভবন ভেঙে দিতে সরকার বাধ্য। ভবনের যে অংশ ব্যাংকসহ কয়েকজন ব্যক্তিমালিকের কাছে বিজিএমইএ বিক্রি করেছে, তাদের টাকা ফেরত দেয়ারও নির্দেশ দেয়া হয় হাইকোর্টের রায়ে। এ প্রসঙ্গে রায়ে বলা হয়, দাবি করার ১২ মাসের মধ্যে বিক্রীত অর্থ ফেরত দিতে হবে। কারণ বিজিএমইএ ভবনের সঙ্গে তাদের চুক্তি ছিল বেআইনি। তাই ওই ভবন নির্মাণ বা ভবনের অংশ কারো কাছে বিক্রি করার কোনো অধিকার বিজিএমইএর ছিল না। এছাড়া বিজিএমইএ ভবন নির্মাণের পেছনে আদৌ কোনো জনস্বার্থ নেই। ভবনটি নির্মাণ করা হয়েছে একান্তই বিজিএমইএর সদস্যদের নিজস্ব স্বার্থের খাতিরে।

হাইকোর্টের পূর্ণাঙ্গ রায় প্রকাশের পর ২০১৩ সালের ২১ মে বিজিএমইএ কর্তৃপক্ষ সুপ্রিম কোর্টের সংশ্লিষ্ট শাখায় লিভ টু আপিল করে। চলতি বছরের ২ জুন প্রধান বিচারপতি এসকে সিনহার নেতৃত্বাধীন চার সদস্যের আপিল বেঞ্চ বিজিএমইএর লিভ টু আপিল খারিজ করে রায় দেন। গত মঙ্গলবার প্রকাশিত আপিল বিভাগের পূর্ণাঙ্গ রায়ে অনতিবিলম্বে নিজ খরচে বিজিএমইএ ভবন ভেঙে ফেলার নির্দেশ দেয়া হয়। বিজিএমইএ তাতে ব্যর্থ হলে রায়ের কপি পাওয়ার ৯০ দিনের মধ্যে রাজউককে ভবনটি ভেঙে ফেলতে বলেন আপিল বিভাগ। ভবন ভাঙার খরচও বিজিএমইএর কাছ থেকে আদায় করতে বলা হয়েছে।

Two-day Denim Expo ends with visitors thronging stalls

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RMG Bangladesh
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two-day denim expo ends with visitors thronging stalls

The two-day Bangladesh Denim Expo concluded on Wednesday with the participation of thousands of local and international denim producers, buyers and sellers and experts.The participants from a total of 14 countries visiting different stalls of expo tried to learn about their products and get experiences. Some of them were visited the stalls that displayed the equipments and other accessories in the expo.Host of the expo, Bangladesh Denim Expo’s CEO Mosatfiz Uddin, also Managing Director of local denim producer Denim Expert, told the Daily Observer that some 10,000 producers, buyers and sellers and experts registered their names for joining the expo. Of them, almost everyone joined the expo in last two days, despite having hesitations. “The expo is successful, he said.BGMEA’s former President Atiqul Islam said once people thought Denim means jeans. But, the thought now has changed. Different kinds of Denim fabrics are now being produced. It now becomes the key product of modern fashions.The Denim Expo brought all the producers, buyers and sellers and experts of Denim sector under an umbrella. The visitors are interested to visit the expo as they can get all about Denim at a place. Denim products and equipments are being displayed while uses of the equipments are also being trained here. The participants will be benefited from the expo, he added.Ramjan Ali, an official of a Denim product producer company, said that they are joining the expo to show their products to the foreign buyers. Their target group is German buyers. They are also trying to find out suitable fabrics of international companies for their products.Xiajon Fabrics of China displayed their denim fabrics to the expo. Its Vice Chairman Xhun Fang said that they have joined the expo to draw attention of buyers from different countries. They have already discussed with the buyers of different countries about their products.The buyers from the US, UK, China, Turkey, France, Italy, Spain, Ireland, Canada, Australia, Austria, Belgium, Germany, the Netherlands, Hong Kong, Japan, Singapore, Malaysia, Indonesia, India, South Korea, Vietnam, Thailand, Taiwan, Russia, Portugal, Switzerland, Sweden, Finland, Bulgaria, Ethiopia, UAE, Brazil, Iran, Pakistan, South Africa, Colombia and Tunisia visited the expo at the International Convention City Bashundhara, Dhaka on the inaugural day.A total of 55 exhibitors from Bangladesh, India Pakistan, Hong Kong, Thailand, Brazil, China, Germany, Italy, Japan, Singapore, Spain, Turkey, South Korea and Vietnam have showcased their products at the expo that began with the theme ‘Natural Denim’, the expo organisers said.

14 missions fail to achieve export targets in July-Sept

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RMG Bangladesh
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epb

Fourteen out of 56 Bangladesh missions abroad have failed to achieve their respective export targets for the first quarter (July-September) of the current fiscal.Some key missions like London, Washington, Canberra, Ottawa, Beijing, Tokyo and Cairo missed the export target set for them for the first quarter of 2016-17.The Export Promotion Bureau (EPB) data shows that the overall export earnings for the July-September period was $8078.82 million against the strategic target of $8946.00 million, showing a fall of  9.69 percent over the strategic target.Sector insiders think that the missions are not warmhearted over the achieving export target. They remain little bit relax as there are no arrangement of incentive and accountability.“Those who are being sent to foreign missions are not well aware of the export and its market. They should be given a clear concept on the export earning sectors of the country and the foreign market so that they can go ahead with a clear view towards achieving the export target”, said Abdus Salam Murshedy, President of Exporter Association of Bangladesh (EAB) to daily sun.He also opined to arrange fair and expositions in the foreign mission to pave the way for boosting export.According to the EPB, the well performing 14 missions are Berlin, Tehran, Geneva, Copenhagen, Katmandu, Bangkok, Vienna, Jakarta, Baghdad, Beirut, Port Lues, The Hague, Lisbon and Tashkent.Out of the 42 missions, which missed the export target, the export growth of 18 missions – Beijing, Kuala Lumpur, Madrid, Paris, Tokyo, Brussels, Moscow, Athens, Rome, Male, Muscat, Warsaw, Manama, Brunei, Seoul, Hanoi, Doha and Stockholm is higher than that of the corresponding period of the previous year.The export growth of the remaining 24 missions – London, New Delhi, Canberra, Ottawa, Yangon, Singapore, Dubai, Washington, Thimphu, Hong Kong, Cairo, Amman, Nairobi, Kuwait, Tripoli, Manila, Mexico City, Rabat, Pretoria, Colombo, Riyadh, Brasilia, Islamabad and Ankara – is lower than that of the corresponding period of the previous year.The EPB data also revealed that only three commercial wings out of 18 achieved the export target in the first quarter of current fiscal. The well performed wings are: Berlin, Tehran and Geneva.Though the 15 commercial wings could not achieve the targets, the earnings of seven saw increase over the same period of 2015-16.  The wings are Beijing, Kuala Lumpur, Madrid, Paris, Tokyo, Brussels and Moscow.The export growth of the remaining eight commercial wings, London, New Delhi, Canberra, Ottawa, Yangon, Singapore, Dubai and Washington is lower than that of the corresponding period of the previous year.

PM for boosting local and foreign investments

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RMG Bangladesh
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pm for boosting local and foreign investments

Prime minister Sheikh Hasina on Wednesday emphasised further raising the flow of both local and foreign investments in the country to create more jobs and spur economic activity. ‘We’ll have to further raise both the local and foreign investments in the country,’ she told the first meeting of the board of governors of Bangladesh Investment Development Authority. PM’s press secretary Ihsanul Karim briefed reporters after the meeting held at the Prime Minister’s Office with Sheikh Hasina in the chair. The prime minister called for building more youth entrepreneurship in the country saying that up to Tk 2 lakh collateral-free loan is being provided from Karmasangsthan Bank to young entrepreneurs so that they could contribute to the country’s economy. About the background of establishing BIDA, Hasina said this has been created through merging the Privatisation Commission and Board of Investment to attract more investment in the country. About the trend of industrialisation, she asked the authorities concerned as well as industrialists to look into the matter so that the industries are not set up here and there on farm land. ‘The industries should be set up properly in suitable places.’ BIDA executive chairman Kazi M Aminul Islam made a presentation on its future plan and overall activities. The meeting also discussed the formulation of rules and regulations to run the organisational structure of the new authority. Finance minister AMA Muhith, industries minister Amir Hossain Amu, agriculture minister Begum Matia Chowdhury, housing and public works minister Mosharraf Hossain, planning minister AHM Mustafa Kamal, state minister for power, energy and mineral resources Nasrul Hamid, Bangladesh Bank governor Fazle Kabir, BSEC chairman M Khairul Hossain, and FBCCI president Abdul Matlub Ahmed attended the meeting. Secretaries concerned were also present. Established under Bangladesh Investment Development Authority Act 2016, the Bangladesh Investment Development Authority is the principal private investment promotion and facilitation agency of Bangladesh. The act mandated BIDA for providing diversified promotional and facilitating services with a view to accelerating industrial development of the country. Besides, the government entrusted BIDA with some more functions in its service list.

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