Rising Clothing Sales Prompted Bangladesh'S Exports To Rise By 25% In November.

P > P > in November this year, the export of a href= "//www.sjfzxm.com/news/index_p.asp" > Bangladesh < /a > increased by a strong increase in clothing sales, a Bangladeshi Export Group said on Sunday that although the political turmoil before next month's election was a serious blow to the manufacturing industry.

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< p > in the first 5 months of the current fiscal year (from July 1st), Bangladesh's exports totaled $11 billion 960 million, up 18% from the same period last year, Bangladesh's export promotion agency said.

Exports of clothing during the same period increased sharply by 21% compared with the same period last year, and exports amounted to US $9 billion 650 million.

In November, the Bangladesh government raised the wages of millions of garment workers.

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< p > the world bank issued the "Bangladesh development" in October 2013, saying that the good situation of Bangladesh's "a href=" //www.sjfzxm.com/news/index_c.asp > clothing industry "/a" has changed. At present, the clothing and garment industry is standing at the crossroads. Now is the time to take action. If not, the cost may be very high.

The report said manufacturers, buyers and governments did not pay attention to the safety of workers.

The report said that the buyer asked for good quality and low price but ignored the working environment, while manufacturing enterprises did not invest in improving safety and labor standards to reduce costs.

In addition, the lax enforcement and ineffective supervision of government agencies have contributed to the occurrence of these accidents.

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< p > clothing manufacturers say orders fell by 40% in October, due to political turmoil before the January 5th political election.

Bangladesh's economic behaviour is almost stagnant due to the closure of the reactionaries and the blockade of pport.

The minimum wage and trade agreements with western countries have led Bangladesh's clothing sector to enter the $22 billion industry, accounting for 4/5 of Bangladesh's total exports.

Retailers such as WAL-MART, Penny department store and Martha general store purchased a href= "//www.sjfzxm.com/news/index_f.asp" > /a from Bangladesh's factory.

But after a series of deaths, Bangladesh's clothing industry has become the focus of attention.

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On Thursday, Bangladesh's foreign exchange reserves reached a record high of US $18 billion. P

This should be appreciated for the rise of clothing exports.

In the fiscal year ended in June 2013, Bangladesh's clothing exports amounted to US $21 billion 500 million, up 13% compared with the same period last year, while total exports increased by 11% to 27 billion US dollars.

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