BGMEA election is scheduled to be held on March 9
Several hundred workers of Abanti Colour Tex Limited, an export-oriented factory of Crony Group in BSCIC area of Fatullah, demonstrated on the factory premises for two hours in the morning
It made Tk 24.83 crore in Oct-Dec of FY24, Tk 18.07 in the same period FY23
Local garment makers should diversify their products and invest in human resource development to prepare for any hurdles that may come after Bangladesh graduates from a least developed country (LDC) in 2026, according to experts.
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
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.
Its profit decreased by 99.6% year-on-year to Tk 2 crore
A survey conducted by BGMEA election’s opposition group Forum panel finds
Bangladesh can gain additional garment business worth $489 million by 2027 from virtual markets in the US, EU and Africa
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.
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.
Overall apparel shipment rose 3.67% to $47.39 billion in 2023
Garment export to EU falls 1.24% year-on-year to $11.36 billion in Jul-Dec period
Over 1,000 machinery makers of 32 countries are expected to join the 18th Dhaka International Textile and Garments Machinery Exhibition
The four-day exhibition began on Jan 9 in Germany
While Bangladesh retained top position in garment export to UK, prices still remain one of the lowest
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
Rising emphasis on recycling and sustainability from global brands is driving the cotton waste export from Bangladesh