H&M moves to boost wages for apparel workers
H&M will introduce a "fair wage method" in 20 garment factories in Bangladesh this year to help improve productivity and factory
8 September 2015, 18:00 PM
Bangladesh yet to ratify WTO deal
Bangladesh is yet to approve the trade facilitation agreement or TFA adopted by the World Trade Organisation in 2013 to simplify customs procedures and lower trade cost.
5 September 2015, 18:00 PM
Apparel exports to Turkey drop
Garment exports to Turkey, a promising destination for Bangladeshi apparel, fell 21.58 percent last fiscal year mainly due exorbitant
2 September 2015, 18:00 PM
Apparel prospects to stay strong
Bangladesh will remain the top garment sourcing destination for global retailers at least for the next five years, and buyers will continue increasing purchase from the country, McKinsey & Company said in a report.
30 August 2015, 18:00 PM
Kaymu eyes expansion amid a boom in online shopping
With robust growth in the number of customers in the first year of operations, German-based online shopping company Kaymu plans to raise investment in Bangladesh, according to Christian Schroeder, co-founder and managing director for Kaymu Asia.
27 August 2015, 18:00 PM
BEZA plans to generate one crore jobs in 15 years
When the country is tackling the challenges of unemployment due to a lack of domestic and foreign investment in the industrial sector, the Bangladesh Economic Zones Authority (BEZA) has devised a plan to create jobs for around one crore people in the next 15 years.
26 August 2015, 18:00 PM
Bangladesh team in Gujarat for garment warehousing
A business team is now on a visit to the Indian state of Gujarat to select a garment warehousing site that will be constructed by
25 August 2015, 18:00 PM
Textile mills' machinery imports rise 54pc
Capital machinery imports by the primary textile sector increased about 54 percent year-on-year in fiscal 2014-15 on the back of higher demand for raw materials from garment exporters.
23 August 2015, 18:00 PM
Garment exports to China up 26pc
Garment exports to China rose 26 percent year-on-year to $304.24 million in fiscal 2014-15 as demand for low-priced basic clothes is still high among middle-income customers.
22 August 2015, 18:00 PM
Garment exports to Japan up 14pc
Garment exports to Japan rose 14.02 percent to $652.55 million in fiscal 2014-15 partly due to relaxed rules of origin for Bangladeshi knitwear.
20 August 2015, 18:00 PM
Upgrade capacity, infrastructure to achieve garment export target
SWEDISH retail giant H&M is currently the largest buyer of apparel items from Bangladesh, sourcing garments from more than 250 factories in the country.
19 August 2015, 18:00 PM
Cotton consumption to rise on higher demand
Cotton consumption in Bangladesh is set to increase 2.73 percent year-on-year to 5.65 million bales in fiscal 2015-16 on the back of higher demand from garment manufacturers, a US agency said in a report last week.
19 August 2015, 18:00 PM
Leather sector's exports cross $1b for second year
Exports of leather and leather goods crossed $1 billion for the second year in fiscal 2014-15, according to data from the Export
15 August 2015, 18:00 PM
Govt moves afresh to win back GSP
The commerce ministry is set to send a team to the US to further argue its case for reinstatement of generalised system of preferences
13 August 2015, 18:00 PM
Minister vows to set up bank for garment sector
Planning Minister AHM Mustafa Kamal has vowed to push the government to set up a specialised bank for the garment industry to
8 August 2015, 18:00 PM
Chittagong to get garment village
The government will build a garment village in Chittagong, aiming to increase apparel exports to reach $50 billion by 2021, Commerce
6 August 2015, 18:00 PM
Islami Bank to give Tk 1.39cr lifeline to Swan workers
Islami Bank Bangladesh, the financier of Swan Garments over the last 30 years, plans to donate Tk 1.39 crore to clear the workers'
1 August 2015, 18:00 PM
Rights group asks govt to take lead on Swan Garments issue
The Clean Clothes Campaign, a global rights group, called on the Bangladesh government and German retailer Aldi to immediately
25 July 2015, 18:00 PM
Questions over German inspector's certification for Rana Plaza factory
A German-based workplace safety and products quality certification firm had failed to address the flawed safety measures and construction of Rana Plaza before the building collapse in Savar took the lives of 1,138 workers more than two years ago.
23 July 2015, 18:00 PM
Committee mulls selling Swan land to pay workers
Four bighas of land belonging to the owner of Swan Garments might be sold off by the committee formed to pay outstanding salaries
22 July 2015, 18:00 PM