No major progress in post-LDC preparation
Bangladesh is yet to make any significant progress in its preparation to retain duty preference set to be withdrawn once it graduates from the group of the least-developed countries (LDCs).
16 April 2022, 18:00 PM
UK clothing retailer sued over dues
Four local garment exporters have filed a case against British clothing retailer Edinburgh Woolen Mill (EWM) claiming Tk 5.98 crore in payments for goods they had shipped.
10 April 2022, 18:00 PM
RMG exports to Russia withstand war headwinds
Despite the Russia-Ukraine war and a ban on some banks on the use of global payments messaging network SWIFT, apparel shipment from Bangladesh to Russia has largely remained unscathed because of the use of alternative routes and payment channels, exporters say.
10 April 2022, 18:00 PM
Bangladesh becoming a key sweater sourcing hub
Bangladesh is turning into a major sourcing hub for sweaters for international clothing retailers and brands as work orders are shifting from China and global fashion trends are changing.
9 April 2022, 18:00 PM
Gas crisis plagues textile, spinning mills
Production in spinning mills in this peak season has remained halted over the past six days because of a severe crisis of gas for overhauling at the Bibiyana gas field.
7 April 2022, 18:00 PM
DBL to invest in Vietnam to make sewing thread
DBL Group, one of the leading local garment exporters, is going to invest in Vietnam to produce thread as many international clothing retailers and brands have nominated the group’s product to stitch clothes.
3 April 2022, 18:00 PM
Sewing thread: a new avenue of growth in textile
Hundreds of sewing thread manufacturing units have sprung up in Bangladesh in recent years, allowing the country to nearly attain self-sufficiency in the major garment accessory.
3 April 2022, 18:00 PM
Automation gaining ground in garment
Automation has been substantially coming about in garment factories, with modern machinery being used to make high-end garments and increase productivity in attempts to become more competitive globally.
30 March 2022, 18:00 PM
Textile millers expect bumper sales this Eid
Local textile millers are expecting bumper sales in the upcoming Eid-ul-Fitr, the biggest shopping season in Bangladesh, since people are apparently set to celebrate the festival joyously as Covid-19 has petered out.
28 March 2022, 18:00 PM
Surge in cotton price to weigh on RMG exports
Cotton prices surged to more than a decade high in global market in the wake of the Russia-Ukraine war, abnormal hike in freight charge and drought in the US,
23 March 2022, 18:00 PM
Bangladesh to stay neutral at WTO
Bangladesh is likely to adopt a neutral stance at the World Trade Organisation (WTO) where some of its major global trading partners have issued condemnations over the Russian aggression on Ukraine in collaboration with Belarus.
22 March 2022, 18:00 PM
Good number of apparel factories seek RSC membership
A good number of old and new garment factories are now seeking membership of RMG Sustainability Council (RSC) as the audit standard of this tripartite platform is very high.
19 March 2022, 18:00 PM
Amend EPZ labour law by 2023: EU
A high-profile European Union (EU) delegation yesterday demanded that a labour law meant for export processing zones (EPZs) be amended by 2023 instead of 2025 for Bangladesh to be eligible for a new Everything But Arms (EBA) scheme.
16 March 2022, 18:00 PM
EU concerned over delay in EPZ labour law amendment
A visiting European Union (EU) delegation yesterday expressed concerns over delays in amending a labour law meant for export processing zones (EPZs), which was also an eligibility criterion for its Everything But Arms (EBA) scheme.
15 March 2022, 18:00 PM
EU assessing rights progress for GSP
A visiting European Union (EU) delegation yesterday wanted to know the causes for delays in the implementation of a few action plans for retaining the GSP to the EU markets under the trade bloc’s Everything but Arms (EBA) initiative.
14 March 2022, 18:00 PM
Denim mills expand as global market booms
Fabric makers in Bangladesh have embarked on a massive expansion to capture more share of the fast-growing global denim market keeping pace with the changing fashion and styles.
13 March 2022, 18:00 PM
RMG shipments to Russia fall, payments hit hurdles: 150 Bangladeshi exporters stare at uncertainty
Shipment of readymade garments from Bangladesh to Russia and the payments from the buyers are declining day by day as the country’s war against Ukraine rages.
10 March 2022, 18:00 PM
Exports to Russia, Ukraine hit snag
Russia and Ukraine-bound exports, especially garments, are now faced with an uncertain future as shipping lines are understandably not too eager to carry goods to war zones.
6 March 2022, 18:00 PM
Recycling plastic bottles to make garments
Bangladesh is set to become a major source of recycled yarn and fabrics made from plastic bottles as the country looks to capture more market share of global high value-added garment items such as activewear, outerwear, padding and quilting.
5 March 2022, 18:00 PM
Govt to seek removal of anti-dumping duty on jute
Bangladesh will again urge India to withdraw the anti-dumping duty (ADD) on locally produced jute and jute goods during a commerce secretary-level meeting between Dhaka and New Delhi today.
3 March 2022, 18:00 PM