EU's new supply chain law to improve labour conditions in Bangladesh
The Parliament’s vote came on the 11th anniversary of the tragic collapse of the Rana Plaza building, which killed 1,138 garment workers and injured more than 2,000 others.
25 April 2024
Trade unions surge, but workers' rights still unprotected
Although there has been a fivefold increase in number of unions in 11 years since the country's deadliest industrial incident, most are failing to live up to expectations
24 April 2024
Levi's now in Dhaka
The 2,270 square feet store on Banani Road 11 opened on April 1, aiming to draw the rising middle-income population with an assortment of imported denim jeans, t-shirts, polo shirts, and formal and casual woven shirts for men and women.
19 April 2024
US trade bodies oppose tariff hike idea for garments from Bangladesh
Bangladeshi apparel exporters are facing one of the highest tariffs at 15.62 percent in the US, which imported more than $116 billion worth of garment items last year. Bangladesh's share stands at 9.3 percent.
18 April 2024
US trade body reiterates support for GSP revival
The American Apparel & Footwear Association (AAFA) has expressed support for revival of the Generalised System of Preferences (GSP) to reduce costs faced by US citizens.
17 April 2024
Garment exports face fresh trouble as Iran-Israel conflict stokes fears
Buyers are already asking suppliers to execute orders as soon as possible because the time to transport goods has been extended by an additional 15 days following the outbreak of the Red Sea crisis in October.
16 April 2024
Garment exports to US show signs of recovery
Garment export to the United States, Bangladesh’s single largest market, is showing signs of a rebound on the back of a revival of the world’s largest economy, consumers opening up their wallets, and falling inflation.
6 April 2024
RMG export to US down 19% in January-February
Garment exports to the US declined 19.24% to $1.18 billion in January and February
6 April 2024
Exports top $5b for fourth straight month
Overall exports posted a 4.39 percent growth to $43.55 billion in the July-March period of the current financial year.
3 April 2024
Bribery, corruption major investment barriers
The Biden administration identified bribery, corruption, customs, anti-competitive procurement system and violation of intellectual property rights as major trade and investment barriers in Bangladesh.
30 March 2024
Buyers admire green effort, but don’t pay for it
Despite garment exporters transforming their factories, international buyers are not paying a premium for the products they source from the eco-friendly factories
29 March 2024
Green factories: Bangladesh is a global champion
The midday sun blazes down on SM Sourcing, the world’s highest-rated green garment factory in Gazipur’s Konabari. About 60 workers on one of the factory floors are busy making export-quality frocks as they hurriedly finish their work ahead of lunch. Despite the summer heat outside, only a few ceiling fans are switched on and the factory floor is quite cool.
29 March 2024
ILO calls for fast-tracking labour law reforms
Speaking about Bangladesh, the ILO said its governing body took note of the report on the progress made with the implementation of the roadmap of actions and was mindful of its 2021-26 timeline for the labour sector reform as well as of the results yet to be achieved.
27 March 2024
Garment export to USA falls 2.58%
However, apparel shipment to the EU rose 3.27% in Jul-Feb
20 March 2024
US trade body urges govt to end detention of RMG workers
Before the minimum wage was raised to Tk 12,500 in December, thousands of workers took to the streets to press home their demand for a minimum salary between Tk 23,000 and Tk 25,000.
19 March 2024
Fabric sales still slow ahead of Eid
Textile makers in Bangladesh are witnessing slow sales ahead of Eid-ul-Fitr due to factors including a drop in demand for women's salwar-kameez amidst a high living cost and a lack of interest among the affluent class to donate clothes as Zakat to avoid hassle.
18 March 2024
US trade body defends Bangladesh at USITC hearing
Despite facing one of the highest tariff rates, Bangladesh is the third-largest apparel exporter to markets in the US because of its efforts to improve working conditions, end forced labour, stamp out counterfeits, and provide safe and high-quality products to American consumers, said the American Apparel and Footwear Association (AAFA) at a hearing recently.
18 March 2024
Timely wage payment first priority
Ensuring the timely payment of salaries and bonuses of the over four million garment workers is the first priority of SM Mannan (Kochi), whose panel swept elections to the executive committee of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
11 March 2024
US to look into 'unhealthy competition' in garment pricing
The United States International Trade Commission (USITC) is going to hold a hearing involving Bangladesh to see whether a recent rise in prices of garment items sourced from the country had anything to do with unhealthy competition.
7 March 2024
Bangladesh’s growing prowess in RMG makes Chinese investors upbeat
Chinese textile and garment entrepreneurs are bullish about Bangladesh as the country cements its position as a top supplier of apparel items, evidenced from a healthy flow of orders from international clothing retailers and brands.
7 March 2024