Textile stocks fail to bring cheer
More than 40 percent listed textile mills' profits declined in the second half of 2018 thanks to the slide in prices of garment items and stockpiling of yarn for invasion of cheaper alternatives from India and China.
21 February 2019, 18:00 PM
Textile millers knocked out by cheap yarns from China, India
Textile millers' stacks of unsold yarns and fabrics are getting higher due to massive leakage of imported bonded goods to the local market and invasion of cheap Chinese and Indian substitutes, said a top BTMA official yesterday.
18 February 2019, 18:00 PM
Big investors seek Accord's continuation
A group of investors representing $3.1 trillion in assets appealed to the prime minister to let Accord operate until the government is
16 February 2019, 18:00 PM
Garment makers getting new buyers
Bangladeshi textile and garment manufacturers received positive response from international retailers at the Texworld exhibition currently taking place in the French capital, in what can be viewed as further encouragement for the country's apparel exporters.
13 February 2019, 18:00 PM
Worries over wastewater
Textile industries would be dumping a mind-boggling 20,300 crore litres of untreated wastewater into the country's waterbodies every year from 2021 if the current situation did not improve, said a Buet study.
11 February 2019, 18:00 PM
Bangladeshi jute goods, handicraft draw attention
Bangladeshi jute goods and handicrafts producers received considerable positive response from buyers at the world's biggest trade
9 February 2019, 18:00 PM
Textile sector needs Tk 10,000cr investment
Bangladesh needs Tk 10,000 crore additional investments in the primary textile sector to reduce its import dependence for fabrics for
9 February 2019, 18:00 PM
RMG exports soar 36pc
Garment export to non-traditional markets grew by 36.21 percent year-on-year to $2.90 billion in the current fiscal year's first six
2 February 2019, 18:00 PM
RMG Unrest: No 'innocent' to be sacked
No “innocent” garment worker would be suspended, but those who got involved in criminal activities during the weeklong labour unrest would be punished, the BGMEA president said yesterday.
17 January 2019, 18:00 PM
Experts wary of Brexit impact
The impasse on Brexit deal might negatively affect exports of Bangladeshi goods to the UK as there is a possibility of higher inflationary pressure on Britons, stemming from higher cost of living.
16 January 2019, 18:00 PM
Readymade Garment Sector: Revised wage sees protests subside
The magnitude of unrest in Bangladesh’s garments industry comes down after yesterday’s revision of wages and threats of factory closure.
14 January 2019, 18:00 PM
Bangladesh biggest textile machinery market for China
Bangladesh will continue to grow as a major textile machinery market as local textile millers are expanding business riding on higher
9 January 2019, 18:00 PM
Apparel shipment to Europe quicker now
Bangladesh's garment shipment to Europe has expedited with the introduction of transshipment facility from Kolkata's Netaji International Airport on a pilot basis, exporters said.
6 January 2019, 18:00 PM
Exports rise but fall short of target
Export earnings increased 2.18 percent year-on-year to $3.43 billion in December thanks to higher shipment of garment items.
3 January 2019, 18:00 PM
H&M's fair living wage strategy pays off
Proper grading of the skilled workers ensures higher take-home salaries and inspires the workforce to improve productivity in garment factories, according to a recent study of Swedish retail giant H&M.
2 January 2019, 18:00 PM
Garment exporters keen on using Colombo port
Local garment exporters are keen on using the sea port in Colombo as it would save them time and money.
1 January 2019, 18:00 PM
Accord hands over 100 refurbished factories to local agency
The Accord, the inspection agency of more than 200 retailers and brands, has started handing over the remediated factories to the Remediation Coordination Cell (RCC) as they have fully fixed structural, fire and electrical loopholes.
22 December 2018, 18:00 PM
BGMEA ELECTION: Schedule next month
The schedule for the election of the executive committee of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is set to be announced next month as the tenure of the current board will end on April 22. “We will declare the schedule on time,” said Siddiqur Rahman, president of the association.
16 December 2018, 18:00 PM
60 apparel units remain shut amid workers' protest
Production at more than 60 garment factories remained suspended for the fourth consecutive day yesterday as owners kept those shuttered fearing unrest amid protests of workers, who apprehend discrimination in the new wage structure.
13 December 2018, 18:00 PM
Bangladeshi apparel to draw bigger FDI
The ongoing trade war between China and the US will bring more work orders and more foreign direct investment for the garment
12 December 2018, 18:00 PM