A supplier’s plea to reopen clothing stores in West
Chattogram-based Denim Expert’s managing director, Mostafiz Uddin, has been sending an open letter to some leaders in Europe, the UK and the US since February 26 urging reopening clothing stores to ensure sustainable supply chains in garment business.
10 April 2021, 18:00 PM
RMG exporters want factories up and running
Garment factory owners and union leaders are at loggerheads over the imminent tough lockdown the government is set to impose across the country to curb the rising cases of coronavirus infections.
10 April 2021, 18:00 PM
Gas crisis haunts Gazipur garment factories as well
An acute gas crisis has continued to severely impact production in textile and garment factories not only in Narayanganj and Narsingdi but also in the country’s largest industrial belt of Gazipur and Maona.
7 April 2021, 18:00 PM
Exports rebound in March
Earnings from merchandise exports rebounded in March rising 12.59 per cent year-on-year to $3.07 billion mainly due to a slow recovery in garment shipments over the last few months on the back of relaxed lockdowns in the West.
6 April 2021, 18:00 PM
Low gas pressure hurts over 300 large factories
More than 300 factories, especially textile, spinning and garment industries in Kanchpur, Narayanganj and Narsingdi have been facing a massive production loss every day because of a disruption in gas supply since March 13.
6 April 2021, 18:00 PM
Recovery of apparel exports top priority
Faruque Hassan, the president-elect of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has vowed to beef up international marketing to recover the apparel export losses that stemmed from the fallout of the coronavirus pandemic.
5 April 2021, 18:00 PM
Sudden ‘lockdown’ to affect operations management, industrialists say
Industrialists have found it difficult to instantly implement emergency measures for the smooth continuation of manufacturing operations after the government suddenly announced a nationwide lockdown to curb the spread of Covid-19.
4 April 2021, 18:00 PM
Bangladesh second in ethical auditing practices in supply chain: survey
Bangladesh has come second on a list comparing ethical auditing practices of major countries undergoing industrialisation, that too during the 2020 pandemic period, according to a first quarter report by supply chain compliance solutions provider QIMA released last week.
3 April 2021, 18:00 PM
BGMEA polls today
More than 2,300 garment business entrepreneurs in Bangladesh will choose their leaders for the next two years today with an expectation that they will pull the pandemic-hit industry out of the coronavirus-induced crisis and secure higher prices from international buyers.
3 April 2021, 18:00 PM
Low prices, export volumes top challenges
The lower price of apparel items shipped from Bangladesh and the lower volume of orders due to the devastating impact of the coronavirus pandemic are two major challenges for the garment industry, said ABM Shamsuddin, the panel leader of the Forum.
1 April 2021, 18:00 PM
Securing cash support key to survival
Securing liquidity support from the banking system is important for the survival of the garment industry as exporters have been facing a cash crunch for more than a year after Covid-19 caused shipments to crash, said Faruque Hassan, the panel leader of Sammilita Parishad.
1 April 2021, 18:00 PM
Bangladesh joins eight RMG making countries for better prices
Nine major apparel manufacturing countries, including Bangladesh, have joined hands to improve prices paid by international retailers and brands, prompted into action by bad experiences since the pandemic’s emergence.
1 April 2021, 18:00 PM
RMG orders slump
International buyers are following a ‘go-slow’ policy in placing orders with apparel suppliers in Bangladesh because of fresh lockdowns and stricter restrictions in key markets amid a rise in coronavirus infections and piling up of unsold goods amid depressed sales.
27 March 2021, 18:00 PM
Still a lucrative apparel sourcing hub
Bangladesh’s attractiveness as an apparel-sourcing destination has remained potent despite increased competition in recent years, according to a new survey of management consulting firm McKinsey & Company.
24 March 2021, 18:00 PM
Apparel exporters in a bind
International retailers and brands are again demanding unusual deferral payment from local apparel suppliers, the second time in a year, saying sales have dropped after Western nations reimposed lockdowns and tougher restrictions because of a surge in coronavirus infections.
23 March 2021, 18:00 PM
How Vietnam is getting mightier in apparel shipment
If you happen to come upon t-shirts being sold in the United States or the European Union (EU), the chances are that the Vietnamese ones have outdone the Bangladeshis, securing twofold the export price.
18 March 2021, 18:00 PM
Any deal should end double taxation
The Maldives wants to sign agreements with Bangladesh which do away with double taxation and guarantee and protect investment for increasing bilateral trade and investment, says the archipelagic state’s foreign minister, Abdulla Shahid.
17 March 2021, 18:00 PM
SMEs face long road to recovery
Cottage, micro, small and medium enterprises (CMSMEs), which are the backbone of the economy, have been struggling to revive their battered business as the country entered into the second year of the pandemic.
11 March 2021, 18:00 PM
UK part of Bangladesh’s economic success
TDS: How do you evaluate the 50 years of relationship between Bangladesh and the UK?
8 March 2021, 18:00 PM
UK firms keen to utilise large consumer base of Bangladesh
A number of big British companies are interested to invest in Bangladesh to benefit from the country’s large consumer base, said British High Commissioner Robert Chatterton Dickson.
8 March 2021, 18:00 PM