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.
1d 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.
1d 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.
2d 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
3d 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
January 25, 2024
BGMEA Election: forum panel complains about 429 voters
The Forum panel taking part in the election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday demanded cancellation of the preliminary voter list and publishing a new one as the tax files of 429 voters could not be found.
January 24, 2024
Economy to take a beating for acute gas crisis
With industries suffering from the gas crisis, it might cause the consumers higher price concerns
January 23, 2024
New Development Bank open to financing projects in Bangladesh
NDB has various development projects in consideration depending on the execution capacity of Bangladesh, says vice president Vladimir Kazbekov
January 22, 2024
Garment exports to US double in five years
Overall apparel shipment rose 3.67% to $47.39 billion in 2023
January 17, 2024
Lingering Red Sea crisis pushes up trade costs for Bangladesh
The Red Sea crisis is affecting Bangladesh's international trade as costs have increased
January 14, 2024
Investment rises as Bangladesh conquers the world of denim
Being the top supplier of denim in both the EU and US, local investors are continuing to pour funds to capitalize growth
January 11, 2024
RMG exports to US continue to decline
Apparel shipments from Bangladesh to the United States have continued its downward trend for the past several months due to slowdown in the sourcing of garment items by American retailers and brands because of higher inflationary pressure.
January 10, 2024
Who will be new finance, commerce and planning ministers?
Although many ministers in the outgoing cabinet have been able to keep their place in the upcoming one, some big names have been left out.
January 10, 2024
Bangladesh retains top position in RMG export to UK by volume
While Bangladesh retained top position in garment export to UK, prices still remain one of the lowest
January 7, 2024
An unlikely product brings $400m a year: cotton waste
Rising emphasis on recycling and sustainability from global brands is driving the cotton waste export from Bangladesh
X