3 more garment factories get global green recognition
Three more Bangladeshi garment factories yesterday received international recognition of being green, taking the total to 171, although international clothing retailers and brands are still not paying premium prices for apparel items produced by those suppliers.
13 September 2022, 02:30 AM
Cotton price drop can’t cheer up garment makers
International cotton prices have significantly fallen but brought little cheer to local spinners and garment manufacturers suffering from a drop in work orders from international retailers and brands.
12 September 2022, 02:10 AM
Rise of an apparel mogul
Even in 1994, DBL Group, a leading garment exporter, was struggling to survive with less than 300 workers and a small factory in the capital’s Farmgate.
10 September 2022, 18:00 PM
Goods transit thru India holds great prospects
India’s offer of free transit will expand the regional and sub-regional market for Bangladesh’s exporters since it would allow them to ship goods to countries such as Nepal and Bhutan, said officials, economists and businessmen.
9 September 2022, 02:10 AM
Target $100b export by 2030: BGMEA focuses on Asia, non-cotton items
Bangladesh’s garment manufacturers are pinning their hopes on the burgeoning Asian markets and the growing use of non-cotton apparel items to elevate their export earnings to $100 billion by 2030.
8 September 2022, 02:15 AM
Denim sales plunge for dry spell in Europe
With people in many parts of Europe facing heatwave, longer than usual dry summers and runaway inflation, denim makers in Bangladesh are feeling the pinch.
6 September 2022, 02:10 AM
Export buoyancy may not continue
Bangladesh recorded robust export earnings riding on the main export earner knitwear and woven garments in the first two months of the current fiscal year.
5 September 2022, 02:45 AM
Govt allows 2,450 tonnes of hilsa export to India
The government yesterday approved the applications of 49 businessmen to export 2,450 tonnes of hilsa to India as the demand for this kind of fish rises among Indian consumers ahead of Durga Puja, the biggest religious festival in the neighbouring country, scheduled to be held next month.
4 September 2022, 18:00 PM
Bangladesh-India CEPA: Something to look forward to
If implemented properly, Bangladesh stands to gain more from the proposed trade pact with India by way of higher exports and investment despite the loss in tariff revenue, found a Dhaka-Delhi joint feasibility study.
4 September 2022, 02:30 AM
Exports grow at sharpest pace in five years
Merchandise exports posted a whopping 38.09 per cent year-on-year growth in August to bring home $4.67 billion, handing more breathing room to Bangladesh struggling to bring its macroeconomy under control, official figures showed yesterday.
2 September 2022, 02:20 AM
Govt eyes amendment to labour law
The government wants to amend the labour law as soon as possible to comply with European Union labour standards in a bid to obtain the GSP Plus status in the key export market, said the commerce secretary yesterday.
28 August 2022, 18:00 PM
Ticfa meeting in Nov: Bangladesh to seek GSP revival
Bangladesh will again raise the issue of the reinstatement of the Generalised System of Preferences (GSP) of the US in the Trade and Investment Cooperation Forum Agreement (Ticfa) meeting in Washington in November, said Tapan Kanti Ghosh, senior secretary to the commerce ministry, yesterday.
26 August 2022, 02:45 AM
Three-fourths of RMG exports concentrated in 9 countries
Around 73 per cent of Bangladesh’s garment exports is still limited to nine countries for a lack of market diversification in spite of different public and private initiatives.
25 August 2022, 03:15 AM
Trouble brewing for RMG exporters as orders fall
Apparel exporters in Bangladesh are feeling the pinch of a looming global recession, persisting higher inflation and dragging severe fallout of the Russia-Ukraine war as orders from international buyers have fallen.
24 August 2022, 02:15 AM
Exports to Saarc countries reach new heights
Bangladesh’s exports to South Asian nations reached a new high in the last fiscal year of 2021-22 for having grown steadily over the past three years, according to Export Promotion Bureau (EPB).
21 August 2022, 02:15 AM
Small export basket failing Chinese trade benefit
Bangladesh can make little use of the generous duty benefits offered by China simply because of its narrow export basket, with the situation compounded by the fact that the products are low in demand in the East Asian country.
9 August 2022, 02:45 AM
Industries fear severe impacts of fuel price hike
The cost of fuels for Plummy Fashions Ltd, the world’s greenest knitwear factory located in Narayanganj, will go up by 25 per cent owing to Saturday’s more than 50 per cent hike in the price of petroleum products.
6 August 2022, 18:00 PM
Industries fear severe impacts of fuel price hike
The cost of fuels for Plummy Fashions Ltd, the world's greenest knitwear factory located in Narayanganj, will go up by 25 per cent owing to Saturday’s more than 50 per cent hike in the price of petroleum products.
6 August 2022, 16:10 PM
Businesses for using multiple currencies
Bangladesh should cut its over-reliance on the US dollar and increase the use of other currencies such as the Chinese renminbi (RMB) in international trade to ease pressure in the foreign currency market, businesses said.
4 August 2022, 03:30 AM
How dollar became global reserve currency
The Second World War changed almost everything in the world. Or in short, we can also say that after WWII, the world changed in a way it had not changed for many years.
4 August 2022, 03:00 AM