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After Digital Wage Push, Why Are Bangladesh Factories ‘Sliding Back to Cash?’

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Mere months after Bangladesh’s garment industry embraced digital wages for workers at the height of the coronavirus pandemic’s first wave, factories are backsliding to cash payouts, a new study has found. Despite a “massive shift” to digital payments in May, Microfinance Opportunities, in collaboration with the South Asian Network on Economic Modeling (SANEM), found that…

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