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How cash incentives from taxpayers pockets benefit Western RMG buyers

Western brands and buyers are reaping the benefits of Bangladesh's cash incentives and tax breaks for garment exporters who incorporate these subsidies in their apparel pricing. This practice, however, leaves workers without their fair share despite rising living costs since the minimum wage was set at Tk8,000 per month five years ago. Industry insiders point to the stagnant

If Bangladesh falls into middle-income trap, it can t become developed nation by 2041: Salman F Rahman

Bangladesh needs to diversify its export markets and step up investment, says new report

After several decades of sustained progress, Bangladesh is looking to step up its economic model to ensure sustainable and smooth graduation from the least developed country (LDC) status – with support from UNCTAD and its global partners.

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