Bangladesh govt plans highest 5% cash incentive for apparel

Bangladesh govt plans highest 5% cash incentive for apparel

Dominating export sector of Bangladesh, the apparel industry is getting a highest cash incentive of 5 per cent in the budget for fiscal 2019-20.

08:15 PM, 13 June 2019 Thursday

Bangladesh’s buoyant apparel exports surpass $3bn in May

Bangladesh’s buoyant apparel exports surpass $3bn in May

Bangladesh’s apparel exports flourished in May 2019, jumping to a receipt of over US $3 billion, after seeing slowdown during the first quarter due to labour unrest.

12:26 PM, 11 June 2019 Tuesday

Bangladesh might seek $166m GCF funding for green textile sector

Bangladesh might seek $166m GCF funding for green textile sector

Bangladesh is looking to secure $166 million in financing to improve energy efficiency in the textile sector, with some one hundred million dollars being sought from the Green Climate Fund (GCF).  

04:22 PM, 1 June 2019 Saturday

Bangladesh plans deal for Chinese cooperation in its industries

Bangladesh plans deal for Chinese cooperation in its industries

Dhaka is planning to sign an agreement with Beijing to boost the number of sectors where China and its businesses can cooperate and invest in Bangladesh’s industries.

01:16 AM, 31 May 2019 Friday

Apparel manufacturers likely to get big policy support from govt

Apparel manufacturers likely to get big policy support from govt

Bangladesh’s apparel manufacturers are likely to get huge policy support from the government, and its reflection is most likely to be seen in the proposed budget for fiscal 2019-20.

09:26 PM, 29 May 2019 Wednesday

Local factory remediator RCC now fully functional: Bangladesh

Local factory remediator RCC now fully functional: Bangladesh

State-run Remediation Coordination Cell (RCC), that is meant to take over the work of Accord after the agency’s exit, is now fully functional, Bangladesh government has said.

12:46 AM, 29 May 2019 Wednesday

At least 24 apparel factories shuttered in Bangladesh for losses

At least 24 apparel factories shuttered in Bangladesh for losses

At least 24 apparel manufacturing factories have been forced to shut down in Bangladesh for losses since the implementation of new pay structure for workers back in January 2019.

01:22 PM, 25 May 2019 Saturday

Czech Republic will invest in Bangladesh, inks deal for trade

Czech Republic will invest in Bangladesh, inks deal for trade

Czech Republic has expressed interest in investing in a number of growing sectors in Bangladesh, including power generation and education.

09:20 AM, 23 May 2019 Thursday

Germany lauds BGMEA on striking a deal over Accord’s extension

Germany lauds BGMEA on striking a deal over Accord’s extension

Germany has highly appreciated Bangladesh’s apparel manufacturers on being able to reach an agreement over extension of Accord, the European agency for factory remediation.

10:53 PM, 22 May 2019 Wednesday

Trade union leaders say Accord deal will risk workers` safety

Trade union leaders say Accord deal will risk workers` safety

The end of an international arrangement aimed at ensuring the wellbeing of Bangladeshi garment workers is likely to undermine safety by making factory owners responsible for maintaining standards, trade union leaders have said.

10:29 PM, 22 May 2019 Wednesday

Time for RMG to be eco-correct, speakers say at roundtable

Time for RMG to be eco-correct, speakers say at roundtable

Before 2012, DBL Group used 120 litres of water for washing a kilogram of fabric. But by 2016, the garment maker was able to bring down its water consumption to 60 litres thanks to installation of modern technologies.

11:39 AM, 21 May 2019 Tuesday

Analysis: Terms of extension to strip independence of Accord?

Analysis: Terms of extension to strip independence of Accord?

Bangladesh Accord has been allowed an extension by the Supreme Court to operate in Bangladesh well into 2020, ending the months of dillydallying at the apex court.

07:24 PM, 19 May 2019 Sunday

Int’l pressure pays off, SC allows Accord to operate until 2020

Int’l pressure pays off, SC allows Accord to operate until 2020

International pressure has paid off as the Supreme Court has allowed Bangladesh Accord to continue operation for one more year and remediate the country’s apparel industries.

04:04 PM, 19 May 2019 Sunday

1,120 Accord-enlisted factories behind schedule in remediation

1,120 Accord-enlisted factories behind schedule in remediation

Some 1,120 out of 1,610 Accord-enlisted apparel factories are behind schedule in factory remediation, according to a quarterly aggregate report of Bangladesh Accord.

03:38 PM, 19 May 2019 Sunday

Bangladesh`s exports to India grows a robust 53%, China 26%

Bangladesh`s exports to India grows a robust 53%, China 26%

Bangladesh's overall export to India reached US$1.07 billion during July-April period of the current fiscal (FY), 2018-19, marking a robust 53 per cent growth,

12:16 AM, 19 May 2019 Sunday

CCC again bats for Accord ahead of apex court hearing

CCC again bats for Accord ahead of apex court hearing

International labour rights group Clean Clothes Campaign has voiced out for Bangladesh Accord, the factory remediation agency of European buyers, ahead of Supreme Court hearing scheduled for May 19 on its extension of operation.

12:55 PM, 16 May 2019 Thursday

Bangladesh moving away from India in cotton sourcing into Africa

Bangladesh moving away from India in cotton sourcing into Africa

African nations have surpassed India to become the largest source of cotton for Bangladesh as local spinners and millers look to cut down their dependence on a single source for their vital raw material.

11:14 AM, 14 May 2019 Tuesday

Apparel dominates all export policies of Bangladesh: Experts

Apparel dominates all export policies of Bangladesh: Experts

All other labour-intensive sectors did not grow as fast as garment due to lower benefits, experts have said

10:49 AM, 13 May 2019 Monday

‘Plummeting prices plaguing Bangladesh’s apparel industry’

‘Plummeting prices plaguing Bangladesh’s apparel industry’

After rise in manufacturing costs due to new pay structure, plummeting unit prices is the main challenge towards Bangladesh’s apparel industry now in the international market.

05:41 PM, 9 May 2019 Thursday

Slowdown in Bangladesh’s apparel exports, 12% gain in April

Slowdown in Bangladesh’s apparel exports, 12% gain in April

Bangladesh’s apparel exports saw a comparative slowdown, gaining over 12 per cent during the July-April 2019 period for what manufacturers say business conditions.

05:06 PM, 9 May 2019 Thursday

Apparel exports to US showing promise, up 10% in Jan-Feb

Apparel exports to US showing promise, up 10% in Jan-Feb

Garment exports to the US increased 10.10 percent year-on-year to $1.08 billion in the first two months of the year, with the shipments expected to grow exponentially if 25 percent duty on Chinese imports comes into effect.

01:44 PM, 8 May 2019 Wednesday

Brazil positive on FTA with Bangladesh, mulls investment

Brazil positive on FTA with Bangladesh, mulls investment

South American nation Brazil is positive towards signing a free trade agreement (FTA) with Bangladesh, which is expected to boost apparel exports to the Latin American country.

12:55 AM, 7 May 2019 Tuesday

Bangladesh making ‘masterplan’ to boost productivity at factories

Bangladesh making ‘masterplan’ to boost productivity at factories

Bangladesh is devising a “masterplan” to boost productivity at its apparel factories, the dominating export sector of the country that is worth over US $30 billion.

11:07 PM, 30 April 2019 Tuesday

Local factory safety watchdog Nirapon announces its launch

Local factory safety watchdog Nirapon announces its launch

Nirapon, a platform of 21 foreign RMG brands, has officially launched its activities in Dhaka.

01:58 AM, 30 April 2019 Tuesday

Bangladesh calls European investors to invest in SEZs

Bangladesh calls European investors to invest in SEZs

Bangladesh has reiterated its call to European investors to invest in the country’s 100 special economic zone (SEZs) and reap the package of opportunities on offer.

11:21 PM, 29 April 2019 Monday

Bangladesh calls upon US to ensure fair pricing of apparel

Bangladesh calls upon US to ensure fair pricing of apparel

Bangladesh has sought fair pricing of its apparel products from United States, the single biggest destination country for the Bangladesh’s garments exports.

12:47 PM, 29 April 2019 Monday

EU lauds Bangladesh govt’s steps to remove trade barriers

EU lauds Bangladesh govt’s steps to remove trade barriers

European Union has appreciated and expressed satisfaction on Bangladesh government’s steps to remove trade barriers curbing the ease of doing business in the country.

09:34 PM, 28 April 2019 Sunday

CCC bats for Accord ahead of 6th Rana Plaza anniversary

CCC bats for Accord ahead of 6th Rana Plaza anniversary

Clean Clothes Campaign has reiterated the need for Accord’s continuation in Bangladesh saying that it is the only credible building safety programme in the country without which millions of factory workers might be subjected to threat again.

11:21 AM, 23 April 2019 Tuesday

How apparel companies can deal with a slowing economy

How apparel companies can deal with a slowing economy

The formula for doing business is slowly changing this year. While interest rates were rising at a steady pace last year, it’s a different story this year.

11:08 AM, 22 April 2019 Monday

Apparel should have min price: New BGMEA chief

Apparel should have min price: New BGMEA chief

Bangladesh needs to set a base price for garment items to ensure proper rates from international retailers and brands for all manufacturers and bring an end to unhealthy competition locally, said the new BGMEA president.

10:28 AM, 22 April 2019 Monday