<i>Needed: good management</i>
Photo: Tanvir Ahmed / DriknewsPhoto: STAR
What is common in the behaviour patterns of our Stock Exchange and the RMG industry? Lack of regulation or lax implementation? One outside example: bridges are constructed under government projects without approach roads; lying unused for years. It reminds us of the popular slogan "roads, bridges and culverts" used by the political masters. The attitude is a disease of society. Why there are no mergers and fall-outs in the 4,000 RMG factories, (I ask as an outsider, i.e. newspaper reader)? Too much freedom resulting in cut-throat competition, and lack of labour amenities? The inside views have to be covered by the mass media for formation of correct public opinion. News of demands and complaints are not enough. Violent demonstrations are occurring more frequently in the garment factories; but vested quarters have vested viewpoints (note the demand for food ration outlets). There are grey and non-transparent areas in management, which are not being exposed impartially (so as not to harm the duck that lays the golden eggs). The latest TIB report on Bangladesh is not surprising--the undercurrents do not generate visible waves! The crowding effect in the RMG sector appears to be similar to the chaotic road traffic in Dhaka--no maa-baap! Curb blind imitation. Question for BGMEA: how are the ailing factories being handled? The public are not well briefed on internal reforms being carried out at regular intervals within the biggest industry in Bangladesh. The bad news is one -sided, while the good news gets the headlines. Latest: the government has taken administrative action on ensuring freedom of news. The very environment is contagious -- what about the practice of democracy within the political parties? Our pharmaceutical industry is now export-oriented; but the QC has to be strict. The finished leather goods industry is also developing fast; but the regulators have to streamline the PR (public relations). PR is a tricky jugglery--how to be neutral.
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