Modernising RMG industry: Preparing for post-China era

China has gradually been shifting from labour-intensive to capital-intensive industries. With has started a drop in its relative share of global readymade garments (RMG) exports. This has created a golden opportunity for countries like Bangladesh. Increasing labour costs, resulting from rapid socio-economic progress and improvement of the people's living standard,...

Financial inclusion for the 'missing middle'

Abdur Kadir Dhaly teaches mathematics at Maleka Banu Adarsha Uccha Biddalay in Uttara. He shares a flat with his colleague in Dhaka, while his wife and two children live in their hometown outside the capital. For many years, he has been saving to buy a plot of land near the...