Bangladeshi apparel products are losing edge in the US market to its competitors namely Vietnam, Cambodia, India and Indonesia, as buyers cut back their orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashions fire incident. The declining trend is apprehended to be continued in the months to come unless measures…
At present Bangladesh is the second largest exporter of garment products in the world market and garment products bring 80 percent of foreign exchange for Bangladesh through export. Bangladesh has been doing relatively well amid global recession. But world market is changing. Bangladesh mainly exports low end products, but there is very good opportunity for…