“The principal reason we didn't lose out to China as everyone had predicted is because labor in Bangladesh is cheaper than anywhere else in the world.”
“Our importers are in apprehension as 2006 is the election year. The prospects or problems of the RMG sector will largely depend on domestic political situation.”
“We fall in highly competitive post-MFA era that began from January 1, 2005, as we are competing with some giant RMG producing countries including China and India.”
“We will form a vigilance team to inspect all the 4,000 ready-made garment factories round the year and detect violators, who will face strict action.”