“Bangladesh has never seen such a horrific incident,” said Mohammad Siddiqur Rahman, president of the Bangladesh Garment Manufacturers and Exporters Association. Photo: BloombergDhaka/Mumbai: Some leaders of Bangladesh’s $26 billion garment industry expect Western fashion retailers to review their ties with the world’s second-largest garment exporter after Islamist militants killed more than a dozen foreigners in an attack on a Dhaka restaurant. The minimum monthly wage for garment workers in Bangladesh is $68, compared with about $280 in mainland China. Leaders of Bangladesh’s garment industry expect Western fashion retailers to review their ties after the Dhaka restaurant attackBangladesh, one of the world’s poorest countries, relies on garments for around 80% of its exports and for about 4 million jobs. The militants targeted a building housing two upmarket eateries popular with foreigners, and several of those killed were Italian garment entrepreneurs.

Source: Mint July 02, 2016 17:03 UTC