Bangladesh witnessed US apparel imports declined by 13pc in two months

Bangladesh has witnessed 13 per cent decline in the first two months of 2021 year in the apparel export to the country’s...

Factories of industrial area of Dhaka division facing production crisis due to acute gas...

Textile and garment factories in Kanchpur, Maona, Narayanganj, Narsingdi and Gazipur have been witnessing massive production damages every day because of an...

BGMEA stated RMG factories will run their operation amid lockdown

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) announced on 3rd March (Saturday) that readymade garment (RMG) factories will run their operation despite...

Faruque Hassan elected as the new BGMEA president

Faruque Hassan – the panel leader of Sammilita Parishad has been elected as the new president of the textile apex body Bangladesh...

Several studies found apparel industries adopting SDG friendly recovery models

A recent survey on the apparel sector, released on 28th March (Sunday) revealed that around 6 per cent local garment factories have...

Spinning and weaving companies get permission to produce goods on subcontract

From now on, spinning and weaving companies will be allowed to manufacture goods at other companies on a subcontracting basis and export...

BB allowed joint venture companies in EPZ to avail export loans

Bangladesh Bank (BB) permitted "Type-B" companies in export processing zones (EPZs) on 22nd March (Monday) to enjoy foreign currency loans from an...

BGMEA asked members to submit reports on non-repatriated export proceeds by 30th March

The Bangladesh Garment Manufacturers and Exporters Association has asked its members to put forward their report of non-repatriated export proceeds to the...

CPD study shows Vietnam is doing better in RMG compared to Bangladesh

In a research conducted last month by the Centre for Policy Dialogue (CPD),  it was revealed that against every 100 kilogrammes of...

Stock prices of Anlima Yarn rise based on the rumors

Anlima Yarn Dyeing’s stock price has been rising at a continuous rate for the last couple of days based on rumors despite...

Experts recommended Tk1,000 insurance policy for textile workers

Introduction of an insurance policy of Tk1,000 per year for garment workers under direct supervision of the government, has been recommended by...

RMG workers facing wage persecution despite profit surges of the global fashion brands

A recent report conducted by Business & Human Rights Resource Centre (BHRRC), a UK-based rights advocate, demonstrated the business model of fashion...

Mustafiz Uddin, received Drapers’ ‘Sustainable Fashion Champion’ award

Mostafiz Uddin, the managing director of Denim Expert Limited and founder of Bangladesh Apparel Exchange (BAE) has been awarded Drapers Sustainable Fashion...

Trade bodies sought similar VAT rate for all yarn sales

On 10th March (Wednesday), textile and apparel bodies; Bangladesh Garments Manufacturers and Exporters Association (BGMEA), Bangladesh Textile Mills Association (BTMA) and Bangladesh...

Apparel industry witnessed further decline in exports by 16.61 per cent in January

Bangladesh’s apparel export to the United States has staggered in January 2021 due to the impacts of the COVID-19 pandemic.

Recent Article

Country’s imports from ACU nations increase by 23pc

Imports from the Asian Clearing Union (ACU) member countries increased by more than 23 per cent in the March-April period of this...

Bangladesh’s dry food export witnessed six times growth

Country’s export of the dry food items has made a significant six and half times growth, with a shipment of $243.47 million...

US apparel import from Bangladesh dropped by 8.55pc in Jan-March

Bangladesh’s apparel export to the United States dropped by 8.55 per cent in the third quarter (January-March) of FY2021 due to the...

Profit of the Kohinoor Chemical rise by 398pc in Q3

Kohinoor Chemical Company (Bangladesh) Limited, operating under the brand name of ‘Tiber’ posted a 398 per cent growth in earnings per share...

30% dividend approved by Delta Brac Housing for 2020

Delta Brac Housing Finance Corporation Limited’s (DBH) shareholders on May 6 unanimously approved a 30 per cent dividend, of which 15 per...

Dividends declared by MBL, AIBUL mutual funds

The two closed-end mutual funds, Mercantile Bank Ltd (MBL) 1st Mutual Fund and Al-Arafah Islami Bank Ltd (AIBL) 1st Islamic Mutual Fund’s...

United Power earnings doubled in Q3 after acquiring two power plant shares

In a filing with Dhaka Stock Exchange (DSE) on 4th May (Tuesday), United Power Generation and Distribution Company stated its earnings doubled...

Golden Harvest incurred loss in January-March period

In a filing with the Dhaka Stock Exchange (DSE) on 3rd May (Monday), the Golden Harvest Agro Industries posted that it lost...