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Bangladesh factory owners’ cartel freezes foreign investors out

Just two new garment companies have been registered ths year in Bangladesh, as new textile equipmebt orders have fallen 25%. The reason is that a cartel of local factories is able to keep foreign investors out - because, they claim, foreigners pay workers too much

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The Source is Clothesource's monthly newsletter.

Each month, we summarise major events in the world's apparel exporting countries and analyse what they mean for clothing buyers and sellers. We look at changes in trade rules and the really important market-influencing events in the major apparel importing countries. And we keep a permanent eye on what's happening in the world's major buying companies that's likely to influence how clothes are bought and sold.

Using the Clothesource Knowledge Base, we put these events into context, looking at how prices and market shares are actually influenced by events. And we apply the same rigour and scepticism to stories about Albania or El Salvador as we do to what's going on in India and China.

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