Monday, August 17, 2015

Garments, looking feeblest in months

Garment exports suffer biggest fall in nine months

With our recent update last week on RMG sector’s positive steps, this week we notice less than satisfactory improvements in highlights. It seems political mood swings were to blame, where firms failed to secure enough order placements during the usual time between December and March, coinciding with last season’s political roller coaster.

Garment exports fell by 12.78% for the monthly target of July, with a year-on-year decline of 11.96%. RMG also scored subpar on the yearly target, earning $25.5 bn when the crosshair was on $26.9 bn. This was a mere 4% fiscal year growth.

Overall export targets also looked dim, year-on-year displaying around 12% decline, also missing the monthly targets. The BGMEA president admitted exporters must bump up their market, to overturn this trend for the recent months. To revive our biggest export sector, it must rebound ardently to operate at its optimum. 

6 comments:

  1. The fabric of children's articles of garments must be made of non-dangerous materials with the goal that it doesn't hurt their delicate skin. The garments ought to likewise be suitably named. Materials like cotton can be utilized for labeling general attire while some different garments may require diverse materials.

    ReplyDelete
  2. Textiles & Fabrics Art is one of the oldest forms of art known to humanity. It employs plants, animals, or synthetic fibers, to create functional and decorative objects. It has also led to the early form of international trade between several countries. one button suit jacket

    ReplyDelete
  3. Many types of compression garments are available today, and their use is not exclusive to post-liposuction recovery. Compression garments are available for both men and women; their uses may be as varied as improving circulation, as an alternative to medications in the control of chronic circulatory conditions or lymphedema, and as part of routine post-operative care for certain medical procedures. toronto coin laundromat

    ReplyDelete