Rapid urbanisation no impediment to lungi market expansion
Exports of locally made lungis, a widely used everyday garb for southeast Asian men, have been rising rapidly because of the increasing Bangladeshi diaspora worldwide while the local market has also been on an upward curve due to Bangladesh’s growing population, industry insiders said.
2w ago
Garment exports to rebound in May as global economy on the mend
Garment export from Bangladesh may witness a strong rebound from May as suppliers are receiving a lot of inquiries from international buyers as the global economy recovers from the severe fallout of the Covid-19 pandemic and the Russia-Ukraine war.
2w ago
Bangladesh’s major trade bodies join global call for Red Sea safety
Three of Bangladesh’s major trade bodies have joined a global initiative calling on governments to collaborate in ensuring safe passage of commercial vessels over the Red Sea and deter a repeat of last December’s attacks.
2w ago
Garment exports to US dropped 25% last year
Garment exports to the US, the biggest market for Bangladeshi products, declined by around 25 percent year-on-year to $7.28 billion last year for a slowdown in imports by American fashion retailers and brands due to high inflationary pressure.
2w ago
Poland saves the day for Bangladesh's garment shipment to Russia
Bangladesh shipped apparel goods worth $650 million to Russia in the financial year of 2020-21 and was tipped soon to be crossing the $1-billion mark in the promising market.
3w ago
Home textile exports hit by currency volatility, gas crisis
The highly promising home textile sector of Bangladesh is losing its lustre in the export market as the lingering gas crisis, the volatile exchange rate and the higher production cost are forcing many factories to go out of business.
3w ago
Textile millers seek a way out as gas crisis worsens
Faced with a chronic gas crisis and volatile exchange rates, a number of ailing textile millers are putting their factories up for sale as they are no longer able to contend with losses stemming from dwindling production.
3w ago
Exports hit record $5.7b in January
The merchandise exports rebounded strongly in January as manufacturers shipped goods worth $5.72 billion, the highest in a single month, which, coupled with a rise in remittances and a fall in imports, could ease pressure on the economy.
3w ago
March 2, 2024
A garment powerhouse
Walk down the road in Savar, Gazipur or Narayanganj in the morning hours and you will see a long line of workers heading to work.
February 16, 2024
Rapid urbanisation no impediment to lungi market expansion
Exports of locally made lungis, a widely used everyday garb for southeast Asian men, have been rising rapidly because of the increasing Bangladeshi diaspora worldwide while the local market has also been on an upward curve due to Bangladesh’s growing population, industry insiders said.
February 14, 2024
Garment exports to rebound in May as global economy on the mend
Garment export from Bangladesh may witness a strong rebound from May as suppliers are receiving a lot of inquiries from international buyers as the global economy recovers from the severe fallout of the Covid-19 pandemic and the Russia-Ukraine war.
February 11, 2024
Bangladesh’s major trade bodies join global call for Red Sea safety
Three of Bangladesh’s major trade bodies have joined a global initiative calling on governments to collaborate in ensuring safe passage of commercial vessels over the Red Sea and deter a repeat of last December’s attacks.
February 11, 2024
Garment exports to US dropped 25% last year
Garment exports to the US, the biggest market for Bangladeshi products, declined by around 25 percent year-on-year to $7.28 billion last year for a slowdown in imports by American fashion retailers and brands due to high inflationary pressure.
February 8, 2024
Poland saves the day for Bangladesh's garment shipment to Russia
Bangladesh shipped apparel goods worth $650 million to Russia in the financial year of 2020-21 and was tipped soon to be crossing the $1-billion mark in the promising market.
February 8, 2024
Home textile exports hit by currency volatility, gas crisis
The highly promising home textile sector of Bangladesh is losing its lustre in the export market as the lingering gas crisis, the volatile exchange rate and the higher production cost are forcing many factories to go out of business.
February 6, 2024
Textile millers seek a way out as gas crisis worsens
Faced with a chronic gas crisis and volatile exchange rates, a number of ailing textile millers are putting their factories up for sale as they are no longer able to contend with losses stemming from dwindling production.
February 5, 2024
Exports hit record $5.7b in January
The merchandise exports rebounded strongly in January as manufacturers shipped goods worth $5.72 billion, the highest in a single month, which, coupled with a rise in remittances and a fall in imports, could ease pressure on the economy.
February 2, 2024
Textile machinery sellers expect higher sales in 2024
International textile and garment machinery sellers are optimistic about a rebound in their business in Bangladesh this year as the global clothing supply chain is recovering from the sluggish trend.
X