'Political peace vital for business'
MCCI president outlines peace as vital for business activities.
19 November 2023, 00:15 AM
Govt officials to discuss Blinken's statement
Bangladesh is already in the process of improving the labour rights situation and top bureaucrats will discuss a recent US statement on the issue, said a top commerce ministry official yesterday.
18 November 2023, 23:45 PM
Buyers ready to pay more for value-added garments
International clothing retailers and brands have suggested that local garment suppliers produce more value-added garment items for better prices as work orders may rebound after the general election of the country next year.
16 November 2023, 00:00 AM
Amended labour law not worker-friendly
A group of labour leaders of Bangladesh yesterday complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.
15 November 2023, 00:00 AM
Amended labour law not worker-friendly
A group of labour leaders of Bangladesh today complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.
14 November 2023, 16:56 PM
RMG work orders may rebound next season
There could be a strong rebound in the inflow of work orders for garment items from international retailers and brands in the coming seasons as the global economy is slowly making improvements from sluggish trends while the country could witness stability, buyers said.
9 November 2023, 01:07 AM
Apparel shipment to US takes a nosedive
Bangladesh’s garment export to the United States fell 23.33 percent year-on-year to $5.77 billion in January-September owing to a demand slowdown in the world’s largest economy and the piling up of stocks.
9 November 2023, 01:02 AM
Building a collective dream
He could have fulfilled the dream of his student life of becoming a civil engineer or a doctor. He had even prepared for it, retaining both mathematics and biology in his array of subjects for the intermediate level of education.
7 November 2023, 18:00 PM
Cotton, yarn imports plunge
Bangladesh’s cotton and yarn imports nosedived in the first nine months of 2023 as falling demand in the global and local markets, erratic gas supply and the US dollar crisis weighed on textile milers.
6 November 2023, 00:53 AM
BGMEA urges owners to keep factories open from November 4
The BGMEA made the call through a letter
2 November 2023, 16:19 PM
Blockade could dent supply chain, economy
The economy, which is already reeling under the pressure owing to persisting volatility in the foreign exchange market and higher inflation, is set to face another major setback as the nationwide blockade could disrupt the smooth operation of the entire supply chain.
31 October 2023, 01:56 AM
WTO extension could yield multiple perks beyond 2026: experts
The World Trade Organisation’s (WTO) decision to continue LDC-linked trade benefits for graduating least-developed countries will not only help Bangladesh avoid potential export losses for several years beyond 2026 but also allow it to attract much-needed investments, experts said.
31 October 2023, 01:56 AM
Garment makers owe spinners more than $376m
In a letter to Bangladesh Bank and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the Bangladesh Textile Mills Association (BTMA) yesterday said garment exporters owe more than $376 million to its members.
29 October 2023, 18:00 PM
Bangladesh to question India's countervailing duty on jute
Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.
28 October 2023, 18:01 PM
Bangladesh to question India’s countervailing duty on jute
Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.
28 October 2023, 18:00 PM
Gas shortage taking toll on textile millers
Primary textile millers want adequate gas supply in their factories as nearly 40 percent of their production capacity is currently unutilised due to low pressure of gas, the price of which increased by nearly 100 percent in February this year.
28 October 2023, 18:00 PM
Egg imports held up for paperwork
The import of eggs has been held up because of the delay in getting the negative avian influenza certification from a competent authority.
24 October 2023, 18:00 PM
Small garment units in a tight spot
Small and medium-sized garment factories in Bangladesh are finding it increasingly difficult to keep their heads above water amid the rising cost of production and a fall in work orders from international clothing retailers and brands.
23 October 2023, 18:00 PM
LDC graduation: Bangladesh to get duty benefits beyond 2026
Bangladesh is set to enjoy duty-free market access beyond its graduation from the least-developed country bracket in November 2026 after the World Trade Organisation yesterday decided to extend support measures for graduating countries.
23 October 2023, 18:00 PM
Spinners left in the lurch
Many garment makers in Bangladesh are not honouring their primary contracts for buying yarn from local spinners as work orders from abroad have decreased amid volatility in the global economy.
22 October 2023, 18:00 PM