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
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 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
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
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
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’
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
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
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
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 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
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 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 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
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
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
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
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
Bangladesh hosts business seminar in Japan to lure investment
Bangladesh has hosted a business seminar in Fukuoka, Japan to highlight the country’s potential as an investment destination and expanding bilateral trade between the two nations.
01:34 AM, 20 April 2019 Saturday
Bangladesh`s apparel exports rise sevenfold in a decade
Garment exports to new destinations grew sevenfold to $5 billion in the last one decade buoyed by market diversification drives and the government's stimulus package set aside for exploring opportunities in emerging markets, exporters said.
05:08 PM, 19 April 2019 Friday
Babylon Group setting standard in social compliance
Starting from the scratch with a humble setup 33 years ago, Babylon Group has turned itself into one of the biggest names in Bangladesh’s booming apparel industry – now consisting of 18 different business units and employing over 11,500 people.
08:40 PM, 16 April 2019 Tuesday
Canada keen to expand trade & investment in Bangladesh
Canada has shown interest to increase trade and investment with Bangladesh.
12:23 PM, 16 April 2019 Tuesday
Retail apparel brands speak out in support of Accord
Retail apparel brands have spoken out in support of Accord at the cusp of its extension facing a decider at the Supreme Court of Bangladesh.
05:49 PM, 12 April 2019 Friday
Bangladesh pitches for FTA with South American trade bloc
Bangladesh has pitched for a free trade agreement with South American trade bloc MERCOSUR, already placing a formal letter of interest, in a bid to diversify the country’s export destination.
10:13 PM, 11 April 2019 Thursday
Analysis: Bangladesh’s new govt focusing on luring FDI, business
Bangladesh’s new government has distinctively taken an approach towards luring foreign investment and growing business.
11:20 AM, 10 April 2019 Wednesday
Bangladesh seeks duty-free access of apparel in US market
Bangladesh has sought duty and quota free access of its apparel products in its biggest export destination – the United States.
11:09 AM, 9 April 2019 Tuesday
Accord hearing deferred yet again, next sitting Apr 15
The issue of Accord’s extension for operation has been yet again deferred at the Supreme Court of Bangladesh with the next hearing set for April 15.
05:49 PM, 8 April 2019 Monday
Bangladesh SC reschedules Accord extension hearing ‘for tomorrow’
Bangladesh’s Supreme Court did not hold its scheduled hearing on the issue of extension for Accord, the third-party agency for factory inspection in Bangladesh.
06:28 PM, 7 April 2019 Sunday
Bangladesh apparel exports stay buoyant, gains 13.6% in March
Bangladesh’s apparel exports remained buoyant during March, gaining over 13.6 per cent amid an observable fallout of the labour unrest witnessed back in January.
05:27 PM, 7 April 2019 Sunday
Bangladesh encourages US to invest in power, energy sectors
Bangladesh has encouraged its biggest trade and investment partner United States to invest in the energy and power sectors.
07:41 PM, 5 April 2019 Friday
For Regular Industry Insights