USTR identifies Bangladesh among top-five counterfeit product suppliers
China (together with Hong Kong) continues to be the largest origin economy for counterfeit and pirated goods, accounting for more than 85 percent of global seizures of counterfeit goods from 2017 to 2019.
18h ago
Heatwave leaves no impact on RMG production
So far, any loss of productivity or major casualty has been averted while no incident related to the thin presence of workers or missing shipment deadlines has been recorded.
18h ago
EU's new supply chain law to improve labour conditions in Bangladesh
The Parliament’s vote came on the 11th anniversary of the tragic collapse of the Rana Plaza building, which killed 1,138 garment workers and injured more than 2,000 others.
1d ago
Trade unions surge, but workers' rights still unprotected
Although there has been a fivefold increase in number of unions in 11 years since the country's deadliest industrial incident, most are failing to live up to expectations
2d ago
Levi's now in Dhaka
The 2,270 square feet store on Banani Road 11 opened on April 1, aiming to draw the rising middle-income population with an assortment of imported denim jeans, t-shirts, polo shirts, and formal and casual woven shirts for men and women.
1w ago
US trade bodies oppose tariff hike idea for garments from Bangladesh
Bangladeshi apparel exporters are facing one of the highest tariffs at 15.62 percent in the US, which imported more than $116 billion worth of garment items last year. Bangladesh's share stands at 9.3 percent.
1w ago
US trade body reiterates support for GSP revival
The American Apparel & Footwear Association (AAFA) has expressed support for revival of the Generalised System of Preferences (GSP) to reduce costs faced by US citizens.
1w ago
Garment exports face fresh trouble as Iran-Israel conflict stokes fears
Buyers are already asking suppliers to execute orders as soon as possible because the time to transport goods has been extended by an additional 15 days following the outbreak of the Red Sea crisis in October.
1w ago
March 7, 2024
US to look into 'unhealthy competition' in garment pricing
The United States International Trade Commission (USITC) is going to hold a hearing involving Bangladesh to see whether a recent rise in prices of garment items sourced from the country had anything to do with unhealthy competition.
March 7, 2024
Bangladesh’s growing prowess in RMG makes Chinese investors upbeat
Chinese textile and garment entrepreneurs are bullish about Bangladesh as the country cements its position as a top supplier of apparel items, evidenced from a healthy flow of orders from international clothing retailers and brands.
March 5, 2024
Exports cross $5b for third month in a row
Exports crossed the $5 billion-mark for the third month in a row in February, in yet another bright spark for the economy battling a persistent strain on the dollar stockpile.
March 5, 2024
US reiterates the need for upgrading labour laws
The US has once again called for upgrading labour laws in Bangladesh to global standards for deepening trade ties in President Biden’s 2024 Trade Policy Agenda.
March 3, 2024
Bangladesh to enjoy duty benefit until 2029 as WTO members allow extension
Bangladesh will keep enjoying duty-free market access for three more years after its graduation to a developing nation in 2026 as the extension was endorsed by 166 members of the World Trade Organisation (WTO) at its Ministerial Conference that concluded in Abu Dhabi on Friday night.
March 2, 2024
Bangladesh to get duty benefit for 3 years after LDC graduation
Bangladesh will continue to get duty benefit for three more years after the graduation to a developing nation from the least developed country (LDC) in 2026 thanks to the decision taken at the 13th Ministerial Conference of the World Trade Organisation (WTO).
March 2, 2024
The other side of global retailers
While Bangladesh’s garment sector struggles to transition from basic products to high-end items, too many companies are going in for the same international contracts, intensifying competition among themselves.
March 2, 2024
A garment powerhouse
Walk down the road in Savar, Gazipur or Narayanganj in the morning hours and you will see a long line of workers heading to work.
February 16, 2024
Rapid urbanisation no impediment to lungi market expansion
Exports of locally made lungis, a widely used everyday garb for southeast Asian men, have been rising rapidly because of the increasing Bangladeshi diaspora worldwide while the local market has also been on an upward curve due to Bangladesh’s growing population, industry insiders said.
February 14, 2024
Garment exports to rebound in May as global economy on the mend
Garment export from Bangladesh may witness a strong rebound from May as suppliers are receiving a lot of inquiries from international buyers as the global economy recovers from the severe fallout of the Covid-19 pandemic and the Russia-Ukraine war.
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