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Export earnings from RMG increases 8.3pc

March 16, 2018 00:00:00

Export earnings from the Readymade Garment (RMG) increased by 8.3 per cent or US$ 584.87 million in October to December quarter of 2017, compared to the corresponding quarter of previous year 2016, reports BSS.

"Contribution of RMG sector in the country's export earnings is increasing day by day as the government has taken various steps to improve overall workplace safety and compliance in RMG sector," a Bangladesh Bank official said Thursday.

According to BB data, export earnings from RMG stood at $7,628.67 million during the October to December quarter of 2017 which was $7,043.8 million in the same quarter of 2016.

RMG is the major export item, which was 82.4 per cent of the country's total export earnings of $9253.29 million in the October to December quarter.

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