Apparel buyers yet to raise prices despite promise after wage hike

Some 79.1 percent of the apparel factory owners said international buyers are yet to increase prices of Bangladeshi goods, which they earlier promised to do after the new garment wage comes into effect in December last year, a survey found.
30 January 2024, 18:35 PM

Beximco suffers massive 64% sales drop in H1

Its profit decreased by 99.6% year-on-year to Tk 2 crore
30 January 2024, 15:36 PM

Global buyers yet to raise rates as promised after RMG wage hike

A survey conducted by BGMEA election’s opposition group Forum panel finds
30 January 2024, 14:51 PM

RMG can gain additional $489m from global online business: study

Bangladesh can gain additional garment business worth $489 million by 2027 from virtual markets in the US, EU and Africa
25 January 2024, 15:35 PM

Call for fair price grows louder as new EU rules loom for garment makers

Business leaders in the apparel and textile sectors in Bangladesh yesterday demanded fair prices for their products sourced by international buyers, saying the country has made major gains in quality and compliance.
23 January 2024, 20:30 PM

Garment exports to US double in five years

Garment shipment to the USA, the single largest export destination of Bangladesh, almost doubled in the last five years thanks to the tariff war between America and China and the presence of competitive prices of the locally made apparels.
22 January 2024, 20:30 PM

Garment exports to US double in five years

Overall apparel shipment rose 3.67% to $47.39 billion in 2023
22 January 2024, 15:27 PM

Garment export to EU falls

Garment export to EU falls 1.24% year-on-year to $11.36 billion in Jul-Dec period
19 January 2024, 09:13 AM

Textile, RMG machinery expo begins in Dhaka Feb 1

Over 1,000 machinery makers of 32 countries are expected to join the 18th Dhaka International Textile and Garments Machinery Exhibition
13 January 2024, 13:09 PM

17 local firms join world's biggest textile fair Heimtextil

The four-day exhibition began on Jan 9 in Germany
10 January 2024, 13:41 PM

Bangladesh retains top position in RMG export to UK by volume

While Bangladesh retained top position in garment export to UK, prices still remain one of the lowest
9 January 2024, 18:30 PM

RMG workers protest over new wage board

Garment workers today demonstrated in front of their factories and the Chattogram Export Processing Zone (CEPZ) office gate expressing dissatisfaction over the new wage board
9 January 2024, 16:33 PM

An unlikely product brings $400m a year: cotton waste

Rising emphasis on recycling and sustainability from global brands is driving the cotton waste export from Bangladesh
6 January 2024, 20:30 PM

Garment exports earned record $47.38b in 2023

Bangladesh recorded nearly $47 billion in export orders, a milestone achievement according to data from EPB
6 January 2024, 20:30 PM

RMG workers protest lay-offs in Narayanganj

Hundreds of RMG workers took to the streets yesterday, protesting the announcement of Crony Tex Sweater Ltd to lay-off workers of the sweater division due to a decline in work orders from foreign buyers.
25 December 2023, 18:00 PM

Bangladeshi garment factory tops peer

SM Sourcing, located in Gazipur, has scored 106 out of 110, the highest in the globe, receiving the certification on Tuesday
13 December 2023, 18:15 PM

RMG wage board inconsistent with market scenario

The recently declared wage board for garment workers is inconsistent with the present market scenario, workers’ leaders said at a seminar yesterday.
11 December 2023, 18:00 PM

Collaboration key for inclusive, sustainable garments sector

The garments industry of Bangladesh still suffers from a huge wage gap between male and female workers, with the latter holding just 5 percent of all supervisory positions in the sector, according to experts.
9 December 2023, 16:05 PM

RMG shipment to the USA fell 24.75% in Jan-Oct

Garment export to the US fell 24.75 percent year-on-year to $6.35 billion in January-October this year
8 December 2023, 00:15 AM

Buyer to drop sanction clause from LC: BGMEA

ZXY International has decided to remove the clause in its LC stating it would not accept any garments from Bangladesh if faces sanction
7 December 2023, 18:15 PM