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.

BTMA demands increase in cash incentives and source tax cut in the next fiscal...

The Bangladesh Textile Mills Association (BTMA) urged the government to increase alternative cash incentives from 4 per cent to 7 per cent...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...