Global companies upbeat about Bangladesh's denim
A European retailer asking not to be named said he has already increased the amount of clothes his company sources from Bangladesh as the country’s increasing production capacity was helping to give them more confidence.
1d ago
Garment exports to US continue to decline
In the January-March period of the current year, garment shipments to American markets declined by 17.68 percent to $1.75 billion, according to data from the Office of Textiles and Apparel (OTEXA), a body under the American Commerce Department.
3d ago
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.
1w 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.
1w 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.
1w 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
2w 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.
2w 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.
2w ago
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
January 4, 2024
BB, NBR urged to facilitate import of six Ramadan commodities
Commerce ministry writes letters to Bangladesh Bank, the National Board of Revenue
January 3, 2024
Shipping costs jump as Red Sea impasse lingers
The Red Sea crisis is causing Bangladeshi exporters and importers to pay higher freight charges to the US and Europe
January 3, 2024
Export, remittance earnings limp along
Export and remittance sectors suffered disappointments in 2023, looking desperately for solutions this year
January 2, 2024
Investment dried up in textile and garment in 2023
The textile and garment sector witnessed a very dry investment season in 2023 as demand for clothing items fell globally
December 31, 2023
Garment exports to face rocky recovery in 2024
Garment exports from Bangladesh may witness moderate growth of between 7 and 10 percent in 2024 after struggling to perform strongly in the outgoing year due to a global economic slowdown.
December 29, 2023
Bangladesh to become 20th largest economy by 2038
Bangladesh is set to become the world's 20th largest economy by 2038 owing to continued economic growth, according to a forecast by the London-based Centre for Economics and Business Research (CEBR) on Wednesday.
December 29, 2023
Bangladesh not using Uyghur items: BGMEA
There is no chance of Bangladeshi garment factories using materials like cotton, yarn and fabrics produced in China’s Xinjiang region, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), yesterday.
December 11, 2023
Govt ponders running industries on LPG
The government has formed a panel to frame a policy by identifying the potentials and challenges of use of liquefied petroleum gas (LPG) in the industrial sector.
X