Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan said updating and simplifying business procedures in line with changing trade situation are important to retain competitiveness of the RMG industry. He urged the National Board of Revenue (NBR) to ease business procedures including customs and bonds to support the …
Read More »Manipuri weavers get busy before Eid
Manipuri clothing weavers in Moulvibazar and Sylhet are passing busy days ahead of the upcoming Eid-ul-Fitr, which will be celebrated in colour for the first time in two years thanks to the easing of coronavirus restrictions. Sales of manipuri garment items typically peak during festival seasons and so, weavers usually …
Read More »Khulna jute mill workers demonstrate for arrears, reopening mills
Jute mill workers of Khulna today demonstrated, demanding reopening of state-owned closed jute mills and payment of all arrears. The demonstration was held under the banner of Sramik-krishak-chhatra-janata Oikya around 11 am in Shiv Bari area of Khulna, reports our local correspondent. A few hundred jute mill workers, civil society …
Read More »ITUC finds new evidence of workers’ rights violation in Bangladesh
International Trade Union Confederation (ITUC) has found fresh evidence of violation of workers’ rights in three major industrial sectors of Bangladesh. The three sectors are: readymade garment (RMG), ship-breaking and leather sectors where it also found unfair labour practices, anti-union discrimination, unsafe workplaces, violence against workers and non-payment of wages …
Read More »BGMEA trying to overcome the impact of Russia-Ukraine war
Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said on Tuesday that the garment industry is facing pressure due to the Russia-Ukraine war, but that they expect to recover from it soon. “Russia is an emerging market for us, and we expect annual exports worth $1 billion …
Read More »Successful RMG cooperation is a symbol of Korea-Bangladesh ties: Korean envoy
Korean Ambassador to Bangladesh Lee Jang-keun stressed that the Ready-Made-Garments cooperation has been the symbol and model of successful bilateral ties between Korea and Bangladesh for the past five decades. The South Korea envoy told this during his meeting with Commerce Minister Tipu Munshi on Sunday (March 13). Mentioning that …
Read More »BGMEA for Bangladesh-India cooperation in apparel, textile industries
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 …
Read More »Dhaka seeks removal of ADD on jute products
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 …
Read More »Focus on high-value apparel export
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 …
Read More »Local textile sales double in five years
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 …
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