Some garment manufacturers are providing basic commodities to their workers at discounts opening shops on factory premises, bringing some relief amidst the skyrocketing of prices in the local markets. The prices at these shops can be as much as 15 per cent lower than local market rates while products can …
Read More »World Cup Frenzy Pushes Up Jersey Sales
The ongoing football World Cup in Qatar has led local sportswear markets into a frenzy but failed to boost television sales as soaring inflation dents people’s purchasing power. Craze for Jersey Hundreds of fans rummaging through piles of jerseys to find their favourite ones despite high prices has become a …
Read More »Textile millers urge government not to export apparel waste
Domestic textile millers have requested the government to ban exports of all types of garment waste to ensure availability of the raw materials for local recycling units. They also demanded withdrawal of 7.5% and 15% VAT, respectively, on sourcing the raw materials from the local market and supplying cotton made …
Read More »Export of jute products a boon for Satkhira women
Farida Parvin, a housewife in Sultanpur village under Sadar upazila of Satkhira district, now has her own source of income — making jute products for a private organisation involved in exporting those. Like Farida, a number of women in the village are now earning money after receiving training from ‘Rishilpi …
Read More »Denim exports to the US see 36.23% growth in Jan-Oct’22
Bangladesh exported denim apparel to the US market worth $839.13 million in the first ten months (January-October) of 2022, fetching a year-one-year growth of 36.23%, and remaining the top exporter. Data from the Office of Textiles and Apparel (Otexa) of the Commerce Department shows that Bangladesh exported denim apparel to …
Read More »Bangladesh’s cotton import to drop: USDA
Bangladesh’s cotton import may drop to 8 million bales in marketing year 2022-23 which began in August, said the US Department of Agriculture (USDA) at the end of last week. This will be resulting from high international raw cotton prices, reduced garment production due to a domestic power shortage and …
Read More »Sirajganj backwater turns into blanket-making hub
Taravanu Begum, a middle-aged woman in Paikartoli village in Sirajganj’s Kazipur upazila, lost her homestead to river erosion and was compelled to take shelter at the flood protection embankment area a few years ago. Her husband is a physically challenged man so they had endless suffering. When the family was …
Read More »Import of RMG items from Bangladesh to USA increases by 51%
The USA has imported RMG items worth $7.55 billons from Bangladesh during the January-September period of the current year which is around 51 percent higher compared to the same period of last year. According to the latest statistics from the Office of Textiles and Apparel of the United States, the …
Read More »10 trade bodies selected for textile awards
A total of 10 trade bodies have been selected for awards for their contribution to development of the country’s textiles sector, said Textiles and Jute Minister Golam Dastagir Gazi on Sunday. “We (the government) will award 10 trade bodies this year for their immense contribution to the development of the …
Read More »Export of RMG items witnesses 15.61pc growth during July-Nov
The export of RMG items has witnessed 15.61 percent growth during the July-November period of this year compared to the same period last year. As per the statistics of the Export Promotion Bureau (EPB), the RMG export of Bangladesh reached US$ 18.34 billion during the mentioned period. A category-wise disaggregated …
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