Strong wage policy, timely adjustments to enable Bangladesh RMG sector meet targets

Though the Bangladesh RMG sector witnessed insignificant growth during the fiscal years 2016-17 and 2017-18, growth rate picked up the following year owing to Taka’s depreciation and a rise in exports to the United States. However, now the country’s major export-earning industry faces a number of challenges. One major challenge is the weaning off of … More Strong wage policy, timely adjustments to enable Bangladesh RMG sector meet targets

Nestlé and Project STOP create a sustainable waste management system to help reduce ocean plastic pollution in coastal areas of Indonesia

Nestlé and Project STOP on February 19, 2020, received the support of the regional government of Pasuruan in East Java, Indonesia, to establish a Material Recovery Facility, a key component to create a comprehensive waste management system for communities in the area. Currently, only 9 % of Pasuruan residents have access to waste management services, … More Nestlé and Project STOP create a sustainable waste management system to help reduce ocean plastic pollution in coastal areas of Indonesia

Victoria’s Secret to go private at USD 1.1 bilion valuation Les Wexner gives up Control of Victoria’s Secret

Victoria’s Secret to go private at USD 1.1 bilion valuation Les Wexner gives up Control of Victoria’s Secret – Billionaire agrees to sell 55 % stake in Victoria’s Secret to private-equity firm, steps down after 57 years as CEO of parent L Brands. … More Victoria’s Secret to go private at USD 1.1 bilion valuation Les Wexner gives up Control of Victoria’s Secret