Textile & Garments

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 …

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 …

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 …

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 …

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 …

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 …

Despite a slowdown in the US caused by declining consumer demand, Bangladesh is still the number one exporter of denim garments to the US. Data from the Office of Textiles and Apparel (Otexa) of the Commerce Department show that Bangladesh exported denim apparel to the North American country worth $738.70 …

When the local currency began sliding against the US dollar amid the depletion of foreign currency reserves, textile and readymade garment exporters were supposed to gain from the development as usually happens. But the reality turned out to be different for them as they saw lower profits. Some even fell …

Bangladesh has set a target to raise five times the cotton production by 2030, introducing new varieties and expanding cultivation areas, since the country appeared as the second largest consumer of the industrial crop. ‘Cotton could be a major cash crop as we need to spend US$3billion every year for …

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the National Board of Revenue (NBR) for allowing import of raw materials including yarn by roads and railways through the Bhomra, Sona Masjid and Darshana land ports. The BGMEA has made the request recently to the NBR through a letter …