Textile & Garments

The Bangladesh Textile Mills Association (BTMA) today sought the scope to import all types of fibres, including recycled and manmade, in the upcoming fiscal year of 2023-24 without paying any duty and other taxes and any non-tariff barriers. The association, led by its president Mohammad Ali Khokon, placed the proposals …

The government has eased the rule of compulsory fumigation test for import of American cotton, particularly from the United States, clearing the ways for smooth import of the raw material of textile mills, the backward linkage industry for country’s main export earning garments. The importers would be able to bring …

Rising per capita income, stricter anti-smuggling measures and the production of value-added apparel items have catapulted Bangladesh’s annual yarn and fabrics sales to $9 billion. The consumption has grown 50 per cent since the financial year of 2016-17 when the size of the local yarn and fabrics market was $6 …

BGMEA President Faruque Hassan has met with Bangladesh Ambassador to France Khondker M Talha at the embassy in Paris to discuss ways to strengthen trade ties with France. They had discussions about issues pertaining to the RMG industry of Bangladesh including its current and upcoming challenges, particularly how Bangladesh could …

Bangladesh’s apparel and textile exports to the United States crossed $10 billion in 2022 amid global economic volatility as the US shifted a good chunk of its business from China. According to the latest US Department of Commerce’s Office of Textiles and Apparel data released on Tuesday, the US apparel …

Thefts of apparel products on highways are becoming a serious problem for exporters, said Faruque Hassan, president of the BGMEA. During a press conference in the capital on Tuesday, he also sought increased highway security to avoid theft. He advocated severe penalties for people involved in the theft of export-bound …

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. …