The Effects of the COVID-19 Pandemic on the Readymade Garments Workers in Bangladesh

Author(s):  
Md Aynul Hoque ◽  
Rajah Rasiah ◽  
Fumitaka Furuoka ◽  
Sameer Kumar ◽  
Md. Mahbubur Rahman Siddique ◽  
...  

This chapter demonstrates the readymade garments (RMG) industry workers' plight during COVID-19. The authors collected data through interviews with garment workers in Bangladesh. Online publications and research reports of relevant cases, web pages, and newspapers were examined. It reveals that RMG workers' living standards and earnings have fallen due to COVID-19. Due to the cancellation of foreign orders and deferred payment by foreign buyers, many factory owners shut down operations. They terminated a large number of workers by disputed approaches from March 2020 onward. This study also examines a few initiatives taken by different stakeholders, which seems inadequate, in favor of workers' rights. The financial institution can come up with a role in supporting the sector by loans and other financial supports.

2020 ◽  
Vol 6 (5) ◽  
pp. 1086
Author(s):  
Aditya Hadid Riyadi ◽  
Jaenal Effendi ◽  
Tita Nursyamsiyah

Micro-enterprises generally have the potential to improve people's living standards and have contributed to economic growth in Indonesia. In its development process, capital is the biggest problem faced by micro enterprises due to the number of microbusinesses that are still unbankable. The existence of alternative financial institutions other than banks that can overcome these problems is needed. Islamic microfinance institution (LKMS) or commonly known as BMT is the best solution to solve the capital problem of micro enterprises. Easy access to financing for microenterprises and mutually beneficial profit sharing system, LKMS has become a solution for the development of member’s business. This study aims to analyze the effect of islamic micro financial institution (LKMS) on the increase of profit of microenterprises in Depok City using Ordinary Least Square (OLS) method. The result of research shows that there is a significant influence of the increase of profit of microenterprises after financing in LKMS.Keywords: Financing, LKMS, Microenterprises, OLS


Crisis ◽  
2018 ◽  
Vol 39 (3) ◽  
pp. 197-204 ◽  
Author(s):  
Hajime Sueki ◽  
Jiro Ito

Abstract. Background: Gatekeeper training is an effective suicide prevention strategy. However, the appropriate targets of online gatekeeping have not yet been clarified. Aim: We examined the association between the outcomes of online gatekeeping using the Internet and the characteristics of consultation service users. Method: An advertisement to encourage the use of e-mail-based psychological consultation services among viewers was placed on web pages that showed the results of searches using suicide-related keywords. All e-mails received between October 2014 and December 2015 were replied to as part of gatekeeping, and the obtained data (responses to an online questionnaire and the content of the received e-mails) were analyzed. Results: A total of 154 consultation service users were analyzed, 35.7% of whom were male. The median age range was 20–29 years. Online gatekeeping was significantly more likely to be successful when such users faced financial/daily life or workplace problems, or revealed their names (including online names). By contrast, the activity was more likely to be unsuccessful when it was impossible to assess the problems faced by consultation service users. Conclusion: It may be possible to increase the success rate of online gatekeeping by targeting individuals facing financial/daily life or workplace problems with marked tendencies for self-disclosure.


Liquidity ◽  
2017 ◽  
Vol 6 (2) ◽  
pp. 110-118
Author(s):  
Iwan Subandi ◽  
Fathurrahman Djamil

Health is the basic right for everybody, therefore every citizen is entitled to get the health care. In enforcing the regulation for Jaringan Kesehatan Nasional (National Health Supports), it is heavily influenced by the foreign interests. Economically, this program does not reduce the people’s burdens, on the contrary, it will increase them. This means the health supports in which should place the government as the guarantor of the public health, but the people themselves that should pay for the health care. In the realization of the health support the are elements against the Syariah principles. Indonesian Muslim Religious Leaders (MUI) only say that the BPJS Kesehatan (Sosial Support Institution for Health) does not conform with the syariah. The society is asked to register and continue the participation in the program of Social Supports Institution for Health. The best solution is to enforce the mechanism which is in accordance with the syariah principles. The establishment of BPJS based on syariah has to be carried out in cooperation from the elements of Social Supports Institution (BPJS), Indonesian Muslim Religious (MUI), Financial Institution Authorities, National Social Supports Council, Ministry of Health, and Ministry of Finance. Accordingly, the Social Supports Institution for Helath (BPJS Kesehatan) based on syariah principles could be obtained and could became the solution of the polemics in the society.


ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 


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