BSEC offers exit plan for poor performers
The Bangladesh Securities and Exchange Commission (BSEC) recently issued a directive offering companies not performing well an exit plan that would help protect small investors in case of delisting.
30 January 2021, 18:00 PM
Garment makers turning to artificial fibres
Import of man-made fibre (MMF) as well as investment in its business is increasing in Bangladesh because of higher demand for polyester and viscose-made garment items worldwide.
28 January 2021, 18:00 PM
Cash crunch makes survival harder for garment exporters
Pandemic-struck local garment suppliers are struggling to survive because of a poor cash flow caused by delays in payments by international retailers and brands despite the restoration of the orders.
25 January 2021, 18:00 PM
Export potential in China market remains untapped for pandemic
Despite the duty-free market access for 97 per cent goods, Bangladesh could not seize the opportunity for most of last year because of a lack of diversified goods and the fallouts of the coronavirus pandemic.
19 January 2021, 18:00 PM
Dhaka, Delhi conducting study to sign trade deal
Dhaka and New Delhi are preparing a joint study report to sign a comprehensive economic partnership agreement (CEPA) to boost bilateral trade and investment once Bangladesh becomes a developing nation.
17 January 2021, 18:00 PM
Amid pandemic, HK-based apparel maker trying to sell EPZ unit
With production suspended amid the fallouts of Covid-19, the management of Hong Kong-based woven garments maker Kwun Tong Apparels is trying to sell off the unit inside Adamjee Export Processing Zone.
14 January 2021, 18:00 PM
Air cargo charges double in fresh blow to RMG exporters
Readymade garment exporters in Bangladesh have been dealt a fresh blow by a doubling of air shipment rates for cargoes flying out of Hazrat Shahjalal International Airport (HSIA).
14 January 2021, 18:00 PM
Longer home stays raise use of casual wear
People limiting movements to their homes for social distancing needs apparently proved a boon for local knitwear manufacturers, as their shipments have fared relatively well in 2020 on the back of increased demand globally.
12 January 2021, 18:00 PM
Rising cotton prices take toll on apparel makers
A rise in international cotton prices has had a ripple effect on local yarn, affecting garment shipments, especially of knitwear, during the ongoing coronavirus pandemic.
11 January 2021, 18:00 PM
Exporters seek extension of loan moratorium, repayment periods
Exporters are seeking extensions on both moratorium and repayment period for loans accrued from a government sponsored stimulus package aimed at helping them cope with the pandemic’s fallouts.
10 January 2021, 18:00 PM
Focus on issues that’ll help you get GSP Plus
The European Union is moving from a development partner of Bangladesh to trade partner as Bangladesh is graduating to a developing country by 2024.
9 January 2021, 18:00 PM
EU trade privilege hinges on human rights record
Bangladesh will have to meet the European Union’s new criteria on human rights to retain its duty-free market access to the bloc as the EU looks to increase accountability and fight impunity, said a top diplomat.
9 January 2021, 18:00 PM
Bangladesh an inspiration for South Asian peers
With rising economic growth over the last few decades, Bangladesh has become a start-up hub where businesses have reached a new height, according to Binod Chaudhary, founder of CG Corp Global.
9 January 2021, 18:00 PM
BGMEA to avail law firm’s advice on GSP extension
The BGMEA has signed an agreement with Sidley Austin LLP to receive advisory services in efforts to get duty-free trade benefits to the European Union extended once Bangladesh leaves the group of least developed countries (LDCs).
6 January 2021, 18:00 PM
Knitwear makers want 2-yr suspension of raise
Union leaders want the continuation of a 5 per cent annual increment of wages for garment workers while knitters demand that the government let them suspend it for the next two years for mitigating the Covid-19 fallout.
3 January 2021, 18:00 PM
Cotton import grows despite pandemic
Bangladesh’s cotton imports grew by about 9 per cent to 75 lakh bales in the 2019-20 marketing year (MY) despite the ongoing coronavirus pandemic, according to data from the United States Department of Agriculture (USDA).
2 January 2021, 18:00 PM
Digital wage pays off for workers: WB
Wage disbursements through digital payment methods is beneficial for employees as it helps increase savings and improves their ability to mitigate unanticipated financial shocks, according to a recent World Bank (WB) study.
2 January 2021, 18:00 PM
Business leaders expect recovery by mid-2021
Several business leaders and entrepreneurs have expressed their hope that Bangladesh’s economy will start to recover from mid-2021 after the Covid-19 vaccine arrives.
31 December 2020, 18:00 PM
2020: a turbulent year for apparel
For many, 2020 has been a year of despair. The unprecedented effects of Covid-19 have jolted economies and supply chains worldwide with Bangladesh being no exception.
28 December 2020, 18:00 PM
Covid poses challenges for LDC graduation
Bangladesh is set to graduate from the group of the least-developed countries but will face some challenges during the transition period because of the devastating impacts of the coronavirus pandemic, said a United Nations agency.
26 December 2020, 18:00 PM