Textile & Garments

The country’s export earnings in the July-April period of the current financial year 2020-21 grew by 8.74 per cent to $32.07 billion from $29.49 billion in the same period of the previous fiscal year riding on moderate performance of readymade garments.

All policies and procedures developed by the Accord have been carried over to the RSC, the BGMEA says

The government has decided to asses the option of using biodegradable PP woven bags for packaging of poultry and fish feeds amid strong protests from feed manufacturers against the mandatory use of jute bags for packaging of the products.

Despite the Covid-19 pandemic and global economic slowdown, the demand for Bangladeshi home textile products has been rising in the global market owing to its quality and reasonable prices.

So far, 12% survivors have returned to the RMG sector, while another 12% are now involved in tailoring

Experts at a webinar said innovative ‘value- chain-based solutions’ are required to help all the market players cope with the crisis, ensure rebound and smooth recovery and ultimately make the value chain resilient.

Thousands of households in the Gazipur district, on the outskirts of Dhaka, have become better off after a Chinese-invested shoemaking factory opened there in 2012. Panda Shoes Industries Ltd. has not only brought investment and development opportunities to the Gazipur District, but also provided jobs at villagers’ doorsteps. Moreover, its …

The country’s textile manufacturers on Monday expressed fears of suffering huge financial losses due to failure in maintaining export deadlines as production at more than 50 mills had remained almost suspended for a lack of gas supply.

Weavers of clothing items such as sari and panjabi may witness their sales nosedive in the upcoming Eid-ul-Fitr after most of their items aimed at Pahela Baishakh have remained unsold because of a surge in coronavirus infections and subsequent strict lockdown measures.

Businesses on Sunday demanded a set of benefits, including reduction and waiver of income tax and value-added tax rates, in the forthcoming national budget for the fiscal year 2021-2022.