Bizdata Insights Main Logo

BGMEA and Canadian Delegates Discuss Trade

Industry: RMG, RMG & Textile
Company: Bangladesh Garment Manufacturers and Exporters Association (BGMEA)
Company Intelligence Tag: Business Insights

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) engaged in discussions with Canadian Labor Affairs officials at the High Commission of Canada in Dhaka. They explored various topics, including the potential to strengthen trade relations. Key points of discussion included the impact of Bangladesh’s transition from a Least Developed Country (LDC) status on its trade and economy, as well as its readiness for post-LDC economic growth.

BGMEA President highlighted Bangladesh’s thriving ready-made garment industry and its progress in workplace safety, workers’ rights, and environmental sustainability. The president also discussed government initiatives related to labor reforms and minimum wage standards. The president expressed optimism about Canada’s role as a trade partner and emphasized the potential for collaborative trade and investment initiatives between the two countries. Canadian officials, including the High Commissioner to Bangladesh, also attended the meeting, along with BGMEA representatives.

Source for more details:

Related News

FAS Finance Reports Tk 2.03 Billion Loss

December 2, 2023

FAS Finance & Investment faces a grim fate, with continuous losses over nearly five years, leaving the first-generation financial institution on the brink of collapse. The latest financial results for the nine months through September reveal a loss of Tk 2.03 billion, accumulating to nearly Tk 16 billion in losses until September 2023.

Loopdot Fashion’s $6.8 Million Export Fraud Exposed

December 2, 2023

A major export fraud involving Loopdot Fashion Limited in Mymensingh, Bangladesh, has been exposed, with 225 consignments of garments falsely exported, totaling $6.8 million or 75 million taka. The fraud was revealed during the seizure of two consignments

EU Directive Poses Challenges for BD’s Textile Industry

December 2, 2023

Bangladesh's garment and textile industry, which heavily relies on European Union (EU) exports, faces potential challenges if the EU approves the Corporate Sustainability Due Diligence Directive (CSDDD).

Bangladesh Now Holds 204 LEED-Certified Apparel Factories

December 2, 2023

Bangladesh has solidified its global leadership in environmentally-friendly apparel factories, as 204 factories in the country now hold LEED certification from the United States Green Building Council (USGBC). In December, "Integra Dresses Limited" in Gazipur achieved gold-level certification, bringing the total to 27 green building certifications in 2022, with 13 in the platinum category – the highest level.

Intraco Set to Supply Gas From Bhola to Industries

November 30, 2023

Intraco Refueling Station is set to transport stranded gas from Bhola Island to industrial boilers near the capital, providing a breakthrough in gas supply amid shortages. The company plans to supply compressed natural gas (CNG) to the Gazipur and Bhaluka industrial belts initially, alleviating the low piped-gas pressure in these areas.

DSE Witnesses 20% Dip in Turnover

November 30, 2023

The Dhaka Stock Exchange (DSE) experienced a significant downturn, with a turnover of Tk297 crore, marking a 20% decrease from the previous session. This drop is attributed to heightened political tensions ahead of the national election, dissuading investors from entering the market.

Related News

FAS Finance Reports Tk 2.03 Billion Loss

December 2, 2023

FAS Finance & Investment faces a grim fate, with continuous losses over nearly five years, leaving the first-generation financial institution on the brink of collapse. The latest financial results for the nine months through September reveal a loss of Tk 2.03 billion, accumulating to nearly Tk 16 billion in losses until September 2023.

Loopdot Fashion’s $6.8 Million Export Fraud Exposed

December 2, 2023

A major export fraud involving Loopdot Fashion Limited in Mymensingh, Bangladesh, has been exposed, with 225 consignments of garments falsely exported, totaling $6.8 million or 75 million taka. The fraud was revealed during the seizure of two consignments

EU Directive Poses Challenges for BD’s Textile Industry

December 2, 2023

Bangladesh's garment and textile industry, which heavily relies on European Union (EU) exports, faces potential challenges if the EU approves the Corporate Sustainability Due Diligence Directive (CSDDD).

Bangladesh Now Holds 204 LEED-Certified Apparel Factories

December 2, 2023

Bangladesh has solidified its global leadership in environmentally-friendly apparel factories, as 204 factories in the country now hold LEED certification from the United States Green Building Council (USGBC). In December, "Integra Dresses Limited" in Gazipur achieved gold-level certification, bringing the total to 27 green building certifications in 2022, with 13 in the platinum category – the highest level.

Intraco Set to Supply Gas From Bhola to Industries

November 30, 2023

Intraco Refueling Station is set to transport stranded gas from Bhola Island to industrial boilers near the capital, providing a breakthrough in gas supply amid shortages. The company plans to supply compressed natural gas (CNG) to the Gazipur and Bhaluka industrial belts initially, alleviating the low piped-gas pressure in these areas.

DSE Witnesses 20% Dip in Turnover

November 30, 2023

The Dhaka Stock Exchange (DSE) experienced a significant downturn, with a turnover of Tk297 crore, marking a 20% decrease from the previous session. This drop is attributed to heightened political tensions ahead of the national election, dissuading investors from entering the market.

Shopping cart

0
image/svg+xml

No products in the cart.

Continue Shopping

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here