Textile & Garments

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has said Bangladesh and India has enormous scope to complement each other for the development of apparel and textile industries of both neighboring countries. He stressed the need for more collaboration and cooperation between the two neighboring countries involving business …

Bangladesh on Friday iterated its demand for the removal of anti-dumping duty imposed by New Delhi on Bangladesh’s jute products in 2017. At the Bangladesh-India commerce secretary level meeting held at New Delhi, Bangladesh also asked to keep Bangladesh out of the purview of the Indian Customs (Administration of Rules …

ReportGarment exporters should focus on high-value apparel items to bolster the industry’s export growth, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), yesterday “The prices of raw materials are constantly rising. So, in order to continue the industry’s growth, exporters must now …

The textile market in Bangladesh is growing at a faster clip as annual sales have nearly doubled to $9 billion in a span of five years riding on the production of diversified fabrics and the growing consumption of middle-income people. Even five years ago, the sales were worth nearly $5 …

The Cabinet on Sunday gave its approval to the draft “Export Policy 2021-24” with a target of $80 billion export for fiscal year 2023-24. The approval was given on Monday in the Cabinet meeting with Prime Minister Sheikh Hasina in the chair. The draft policy was approved on January 12 …

Bangladesh will lose one of the most promising apparel export destinations if various Russian lenders are excluded from the SWIFT messaging system in response to the country’s invasion of Ukraine, entrepreneurs warned. Western nations announced on Saturday a harsh set of sanctions to punish Russia for its invasion of Ukraine, …

Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday said Bangladesh’s RMG industry has made tremendous progress especially in the past decade, earning more trust and confidence of brands and buyers. He said this when President and Group Managing Director of CEMS Global, Meherun N. Islam, …

Mapped in Bangladesh (MiB), a 5-year project has compiled and mapped some 3,630 export-oriented ready-made garment (RMG) factory data using the factory census method throughout Bangladesh. As of January 2022, it has mapped some 3,630 factories. MiB project is being implemented by the Centre for Entrepren-eurship Development (CED) of Brac …

Earnings from merchandise exports from Bangladesh surged 41.13 per cent year-on-year to $4.85 billion in January, the second-highest single month receipts, on the back of rebounding garment shipments. Shipments soared 30.34 per cent year-on-year to $29.54 billion in the first seven months of the current fiscal year, data from the …

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday reiterated the need for speedy completion of the ongoing railway development projects across the country to derive economic benefit. “The growing economy of Bangladesh has reinforced the need for upgrading railway connectivity, including building new tracks and converting single lines to …