Apparel

All BGMEA member factories have given Eid bonuses to their workers, while about 90 percent have paid the salary for the month of May as well. Some 150 factories will disburse the salaries today, which is the last working day before the garment factories...

The government is going to set a $48 billion export target for the current 2020-21 fiscal year, where product exports would contribute $41 billion and the services sector $7 billion. Growth of product exports is likely to be projected at 21.75 percent, said commerce ministry sources. The...

২০১৯-২০ অর্থবছরের প্রস্তাবিত বাজেটে দেশি সুতার ওপর ৫ শতাংশ মূল্য সংযোজন কর (মূসক) আরোপ করায় দেশের বস্ত্র খাত (কাপড় ও সুতা) আমদানিনির্ভর হয়ে পড়বে বলে আশঙ্কা করছে বাংলাদেশ টেক্সটাইল মিলস অ্যাসোসিয়েশন (বিটিএমএ)। গতকাল বুধবার রাজধানীর সোনারগাঁও হোটেলে বিটিএমএর বাজেট-পরবর্তী সংবাদ সম্মেলনে এমন আশঙ্কার কথা জানিয়ে দেশি সুতার...

Foreign Minister Dr AK Abdul Momen has urged Bangladesh's envoys in Europe to explore new markets for Bangladeshi products, including RMG as well as the country's human resources during and after the Covid-19 pandemic. He made the call during a virtual meeting attended by Bangladesh envoys from...

Turkey is the world's fourth-largest denim exporter with a 2 per cent share in the denim fabric exports, worth $338 million, and a 7 per cent share in denim clothing exports worth $2.1 billion, according to the Uludag Textile Exporters' Association (UTIB), which recently participated in the...

With a slump in demand for commodities among the Western consumers, Bangladesh needs to remodel its business plans to revive exports in the time of Covid-19, which has severely affected the global economy, economists said. Maybe the traditional fast fashion garment items or basic apparel products are...

A three-day exhibition of Bangladeshi products is going to kick off in Qatar on December 10 with the aim to strengthen local trade and investment with the host country. The ‘Bangladesh Forum Qatar’ (BFQ) is hosting the exhibition, the first of its kind, at the Doha Exhibition...

Sri Lanka’s apparel industry, with an export target of $8 billion by 2025, is keen on expanding its global footprint by aggressively competing in emerging markets and widening its presence in non-traditional countries, according to Tuli Cooray, secretary general of the Joint Apparel Association Forum (JAAF). Last...

Russia remains the primary consumer of Uzbek textile items, according to the Uzbek state statistics committee. During January-May 2019, more than 38 per cent of Uzbek textile exports worth $250.2 million were shipped there. Exports of Uzbek textiles to China more than doubled from $90.9 million in...

Commerce Minister Tipu Munshi on Wednesday said the garment industry will get loan on two percent interest as the government declared Tk 5,000 crore stimulus package for the export-oriented industries. “It isn’t a grant. The loan will have to be repaid within a certain period,” the minister...