BusinessFinancialTrade

Special Report: Successful Sourcing in Bangladesh

A survey conducted by McKinsey & Company found that sourcing decision makers at major apparel firms almost unanimously favor shifting production out of China, creating a tremendous opportunity in the region for countries like Bangladesh to step up and shoulder more production. However, McKinsey said sourcing executives surveyed expressed concerns about five specific challenges in Bangladesh…

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BusinessLaborTrade

Bangladesh Facing Strong Headwinds

Manufacturers are struggling with the frequent strikes and have been forced to direct more money to safety and worker pay. This is good for workers, but stepped up government inspections have put pressure on the bottom tier of manufacturers, and production prices have been rising over the past few weeks….

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