Refayet Ullah Mirdha

Workplace safety in the RMG sector improved to a great extent. However, the safety and compliance in the non-RMG sectors are yet to improve as per the standards of the garment sector.

Bangladesh’s import of capital machinery has continued its falling trend as banks have remained cautious in financing purchases amid the dollar crisis while entrepreneurs showed reluctance to expand owing to slowing domestic and export sales. 

Bangladesh Textile Mills Association (BTMA), a platform of primary textile millers, yesterday urged the National Board of Revenue (NBR) to enhance monitoring in markets across the country against the sale of illegally imported yarn. 

Looking to make the most of your Eid travel experience while also keeping costs in check?

The commerce ministry has formed two separate committees to start negotiations with India over signing a proposed Comprehensive Economic Partnership Agreement (Cepa) to boost bilateral trade and investment in the post-LDC period. 

It is said that a successful South Asian entrepreneur is able to run business anywhere in the world as they have the skills to overcome multifaceted barriers in almost every step of the entrepreneurial journey. 

Humility was her other name

The foresightedness of Rokia Afzal Rahman was unparallel

In 2008, the Japanese government announced the “China Plus One” policy, focusing on relocating its sunset industries from China to other countries.

Export earnings dropped for the first time in five months in March because of a slowdown in the global economy following the severe impacts of the Russia-Ukraine war and Covid-19, official figures showed yesterday.

Bangladesh has again demanded that the European Union (EU) extend its trade facilities meant for least developed countries (LDC) for six more years instead of three years to ensure the country’s smooth graduation to a developing nation.  

The inflow of work orders from international clothing retailers and brands to Bangladesh has slowed because of the persistently higher cost of living in the western world and a pile-up of apparel stocks at stores.

The sale of yarn for making the fabrics for domestic market has fallen in the peak season of Eid-ul-Fitr and Pahela Baishakh because of high prices of some basic commodities and for the high cost of living for consumers.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently relaunched an initiative seeking duty-free access to the US market for apparels made from American cotton.

Bangladesh has gradually turned into a major manufacturing hub for winter jackets as work orders are mainly shifting away from China due to higher production costs and a shortage of skilled workers in the country.

The government will soon find an alternative for cash subsidies on export so that local exporters can remain competitive even after Bangladesh graduates from the list of least developed countries (LDCs) in 2026, according to experts.

About 68 per cent of Bangladesh’s annual export earnings from apparels is still confined to just 10 items, indicating that product diversification in the industry is yet to reach expected levels even after a journey of four-and-a-half decades.

Bangladesh now not only has the most green garment factories but yesterday also became home to a textile factory which scored the highest rating of United Stated Green Building Council. 

Green Textile Limited Unit 4, a joint concern of Epic Group and Envoy Legacy of Bangladesh, scored 104 out of 110, highest in the globe

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