Refayet Ullah Mirdha

The government and business leaders have played down the significance of the diplomatic note from the Bangladesh embassy in Washington DC to the commerce ministry about possible measures like trade penalties and visa restrictions over labour issues.

Out of more than 200 applications seeking a review of the recently declared wage structure for garment workers, 168 came from factory owners

Business leaders and apparel exporters are worried over a recent US statement on Bangladesh’s labour rights situation while union leaders and trade analysts suggested bringing improvements to avert trade sanctions.

Still quite some time to go for the signing of Comprehensive Economic Partnership Agreement (Cepa) between India and Bangladesh

MCCI president outlines peace as vital for business activities.

Bangladesh is already in the process of improving the labour rights situation and top bureaucrats will discuss a recent US statement on the issue, said a top commerce ministry official yesterday.

International clothing retailers and brands have suggested that local garment suppliers produce more value-added garment items for better prices as work orders may rebound after the general election of the country next year.

A group of labour leaders of Bangladesh yesterday complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.

A group of labour leaders of Bangladesh today complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.

There could be a strong rebound in the inflow of work orders for garment items from international retailers and brands in the coming seasons as the global economy is slowly making improvements from sluggish trends while the country could witness stability, buyers said.

Bangladesh’s garment export to the United States fell 23.33 percent year-on-year to $5.77 billion in January-September owing to a demand slowdown in the world’s largest economy and the piling up of stocks.

He could have fulfilled the dream of his student life of becoming a civil engineer or a doctor. He had even prepared for it, retaining both mathematics and biology in his array of subjects for the intermediate level of education.

Bangladesh’s cotton and yarn imports nosedived in the first nine months of 2023 as falling demand in the global and local markets, erratic gas supply and the US dollar crisis weighed on textile milers.

The BGMEA made the call through a letter

The economy, which is already reeling under the pressure owing to persisting volatility in the foreign exchange market and higher inflation, is set to face another major setback as the nationwide blockade could disrupt the smooth operation of the entire supply chain.

The World Trade Organisation’s (WTO) decision to continue LDC-linked trade benefits for graduating least-developed countries will not only help Bangladesh avoid potential export losses for several years beyond 2026 but also allow it to attract much-needed investments, experts said.

In a letter to Bangladesh Bank and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the Bangladesh Textile Mills Association (BTMA) yesterday said garment exporters owe more than $376 million to its members.

Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.

Bangladesh is going to defend its position and question India’s logic in imposing countervailing duty (CVD) on jute and jute goods from Bangladesh to India, said Senior Commerce Secretary Tapan Kanti Ghosh yesterday.

Primary textile millers want adequate gas supply in their factories as nearly 40 percent of their production capacity is currently unutilised due to low pressure of gas, the price of which increased by nearly 100 percent in February this year.