BKMEA stresses inclusive policy for knit sector dev

FE Report | October 06, 2017 22:44:53


BKMEA president AKM Salim Osman and research director of the Centre for Policy Dialogue Khondaker Golam Moazzem among others pose after the BKMEA-CPD dialogue on the development of the knitwear sector held on Friday in Dhaka.


An inclusive and equality-based based policy is essential for the further development of the country's knitwear sector, BKMEA leaders said Friday.
They also said dialogue with all stakeholders of the sector is crucial to identifying and providing solution to the challenges.
Leaders of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) came up with the opinion at a discussion with the Centre for Policy Dialogue (CPD) intended to define future policy aimed at fostering the sector's growth.
The discussion was held at the city office of the national trade body, the BKMEA said in a statement.
BKMEA president A.K.M. Salim Osman and CPD's Research Director Dr Khondaker Golam Moazzem represented their respective sides at the dialogue.
The trade body's second vice president Fazle Shamim Ehsan, its head of research Md. Faruk Hossain and CPD's programme coordinator Laila Firdaus also attended the dialogue.
In his speech, Salim Osman said the knitwear manufacturing sector was making huge contribution to the national economy.
Discussions with the participation of all stakeholders are a must to identify and resolve the crisis, he said.
He also said the dialogue should reflect the opinion of both owners and workers of knitwear businesses.
"Above all, the national interest must be preferred at any discussion involving the sector's development," he said.
The BKMEA president also called upon the CPD to organise dialogue with the knitwear industry owners' and workers' participation to define future development working plan.
Mr Osman also requested the civil society think-tanks to do research and find out the sector's challenges for further growth including global market expansion, recent price drop and changing global economy.
He also pledged to extend his support to the CPD for conducting Ready Made Garment (RMG) Study.
In response, Khondaker Golam Moazzem vowed to reflect the BKMEA's philosophy in the RMG study for the expected growth of the knitwear sector.
He said that the dialogue between the two organisations will be more progressive in the coming days and contribute to the country's economy.

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COMPANY YCP HIGH LOW CLOSE %CHG
SAFKOSPINN 15.2 16.2 15.1 16.1 5.9211%
SHASHADNIM 69.7 74.0 70.0 73.7 5.7389%
BDAUTOCA 114.2 121.4 115.1 120.5 5.5166%
STYLECRAFT 2297.2 2412.0 2300.0 2412.0 4.9974%
RECKITTBEN 1500.1 1593.8 1535.0 1572.6 4.833%
AAMRANET 117.1 126.0 118.0 122.2 4.3553%
SHEPHERD 33.7 35.8 33.4 35.1 4.1543%
EASTRNLUB 1004.2 1045.0 1002.0 1037.6 3.326%
IFADAUTOS 122.7 128.3 122.0 126.0 2.6895%
GLAXOSMITH 1479.0 1530.0 1488.0 1513.8 2.3529%
COMPANY YCP HIGH LOW CLOSE %CHG
SAFKOSPINN 16.1 16.2 15.1 15.3 5.2288%
SHEPHERD 35.2 35.8 33.4 33.5 5.0746%
STYLECRAFT 2412.0 2412.0 2300.0 2300.0 4.8696%
BDAUTOCA 120.5 121.4 115.1 115.8 4.0587%
AAMRANET 122.7 126.0 118.0 118.0 3.9831%
SHASHADNIM 73.0 74.0 70.0 70.3 3.8407%
RECKITTBEN 1592.0 1593.8 1535.0 1535.0 3.7134%
IFADAUTOS 127.0 128.3 122.0 122.5 3.6735%
PRAGATIINS 31.9 32.1 30.6 30.8 3.5714%
ARAMITCEM 33.0 33.1 31.3 31.9 3.4483%
COMPANY YCP HIGH LOW CLOSE %CHG
ZEALBANGLA 64.9 64.7 58.5 58.5 -9.8613%
SHYAMPSUG 27.7 27.8 25.0 25.0 -9.7473%
MODERNDYE 242.3 242.0 221.1 221.3 -8.6669%
RAHIMTEXT 338.9 328.9 300.0 310.4 -8.4096%
MEGCONMILK 15.2 15.1 13.9 14.1 -7.2368%
IBNSINA 257.0 240.0 233.4 239.0 -7.0039%
ALLTEX 11.8 11.9 10.9 11.0 -6.7797%
MITHUNKNIT 31.9 32.2 28.8 29.8 -6.5831%
KPPL 10.7 10.6 9.9 10.0 -6.5421%
MONNOCERA 76.0 76.0 70.5 71.2 -6.3158%
COMPANY YCP HIGH LOW CLOSE %CHG
SHYAMPSUG 25.0 27.8 25.0 27.8 -10.0719%
JUTESPINN 76.0 84.5 76.0 84.5 -10.0592%
ZEALBANGLA 58.5 64.7 58.5 64.7 -9.5827%
MITHUNKNIT 29.9 32.2 28.8 32.2 -7.1429%
ALLTEX 11.0 11.9 10.9 11.8 -6.7797%
MONNOSTAF 710.2 761.0 710.1 761.0 -6.6754%
MEGCONMILK 14.0 15.1 13.9 15.0 -6.6667%
FINEFOODS 28.8 30.9 28.2 30.8 -6.4935%
MONNOCERA 71.3 76.0 70.5 76.0 -6.1842%
UTTARABANK 36.4 38.7 36.3 38.7 -5.9432%