The government has lined up a roughly Tk 50 crore project aimed at developing and expanding the production of muslin fabrics in the country. Under the project, styled “Bangladesh’s Golden Tradition Muslin Yarn Making Technology and Recovery of Muslin Fabrics (Phase-2)”, a training centre will be set up at the …
Read More »Pacific Jeans to set up solar plants in all units by 2025
The Chattogram based Pacific Jeans Group is planning to set up rooftop solar power plants in all 10 of its manufacturing units by 2025 in a bid to get at least 20 per cent of the group’s energy requirement from renewable sources. The group is going to invest $10 million …
Read More »RMG sector may face fresh blow
The readymade garment (RMG) and its associated industries, including accessories makers, are set to face a fresh blow due to the latest price hike of fuel oils. The hike came at a time when the country’s largest foreign currency earning sector started receiving lower work orders and opened the fiscal …
Read More »Workers in global garment supply chains: Campaign launched for living wage
A campaign, titled ‘Good Clothes, Fair Pay’, was launched on Tuesday, aiming to secure payment of living wages for workers in global garment supply chains. Clean Clothes Campaign (CCC) and other campaign organisations aim to collect 1.0 million signatures from European citizens to support the European Citizens Initiative (ECI), which …
Read More »Outlook gloomy for small garment makers
Big and green apparel factories are content bagging a constant stream of work orders but small, medium and subcontracting units are suffering amidst volatility in the global garment supply chain stemming from the Russia-Ukraine war. However, the inflow of work orders based on which local garment factories would make deliveries …
Read More »Apparel exports to US log record 51pc rise
Garment exports to Bangladesh’s single largest destination, the USA, rose by 51.57 per cent year-on-year to $9.01 billion in the just concluded fiscal year. Germany remained the second largest export destination, as Bangladesh shipped garment items worth $7.16 billion to the central European nation, registering a 27.74 per cent year-on-year …
Read More »Diversified jute products: Exporters to get 20pc incentive
Exporters of diversified jute products such as food-grade bags, clothes, yarns and twines will receive a 20 per cent export incentive, according to a Bangladesh Bank notice. They, however, will have to ensure the use of the natural fibre equivalent to at least 50 per cent of the export price, …
Read More »Extra cash incentive planned for non-cotton RMG exports
The government could pay additional incentives to the exporters of non-cotton apparel items in order to help them offset the severe impacts of the Russia-Ukraine war on the shipment of garment items. A file from the commerce ministry was sent to the finance ministry a few days ago, recommending at …
Read More »RMG exports to Russia on decline
The ongoing Russia-Ukraine war has started to have a heavy impact on garment shipments to Russia as export earnings are declining significantly from this promising market for Bangladeshi apparel goods. In the July-February period, earnings from garment export to Russia stood at $482.23 million, meaning that the average monthly earning …
Read More »Employment injury protection scheme launched for RMG workers
The labour ministry in collaboration with the International Labour Organisation on Tuesday launched an employment injury protection scheme in the readymade garment sector to provide income protection to the victims of work-related accidents and occupational diseases. With the inauguration of the ILO scheme in association with the Netherlands and Germany, …
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