Textile & Garments

Earnings from jute exports from Bangladesh slumped for the second consecutive year in July-January, raising concerns for the promising industry, one of the few sectors for which raw materials are locally available. Due to the global economic slowdown, shrinking demand, increasing domestic production cost and the persisting anti-dumping duty imposed …

Bangladesh bagged $5.13 billion through exports in January – the first month of the calendar year 2023 – fetching a 5.89% year-on-year (YoY) growth, according to recent data published by the Export Promotion Bureau (EPB). During the same period last year, the country had earned $4.85 billion from export earnings. …

The HSBC-AUW School of Apparel and Retail Management would not only prepare female leaders required for the country’s apparel sector but would also help replace thousands of foreigners employed in the mid- and top levels of factories, discussants said recently. The school, in collaboration with the industry and academia of …

The country is contemplating revoking the requisite for fumigating cotton imported from the United States following a recommendation by officials after a field-level inspection. To this end, the Agriculture Ministry has sought the Commerce Ministry’s steps to urgently exclude such a provision from the Import Policy Order 2021-2024, sources said. …

The manufacturers of the garment accessories and packaging sector demanded the extension of the issuance and renewal of all licenses by at least three or five years to move a step ahead in terms of ease of doing business. They also said that the packaging and accessories factories need nearly …

The Bangladesh Garments Workers Unity Council (BGWUC) yesterday demanded that the monthly minimum wage of garment workers be hiked by 175 per cent to Tk 22,000 from the existing Tk 8,000. The rise in the minimum wage for garment workers is needed because of the abnormal rise in the cost …

The country’s female garment workers have a wage gap of around 51 per cent to 60 per cent depending on the area and living wage benchmark in five major industrial areas in Bangladesh, including Dhaka city, a survey finds. However, the wage gap for male workers remains at 45 per …

Bangladesh’s readymade garment workers are receiving monthly wages on average 50 per cent lower than the minimum living wages, according to a study conducted by South Asian Network on Economic Modeling and the Microfinance Opportunities. The report released on Sunday said that workers had been increasingly relying on overtime and …

As a result of the government’s timely action and the working environment in Bangladeshi factories, the country’s garment sector has achieved a 43.21 percent growth on the European market, the highest growth the sector has ever achieved in Europe. Bangladesh exported $17.56 billion worth of garments to Europe from January …

Bangladesh’s apparel exports to the European Union in January-October of 2022 increased by 60.75 per cent to 18.47 billion euro compared with that of 11.49 billion euro in the same period of 2021 due to an increase of unit prices and shipments to the economic bloc. According to the data …