Paramount Textile to raise Tk 250 crore

The company will issue a zero-coupon bond
24 February 2024

Garment export grows in non-traditional markets 

Garment shipment to non-traditional markets grew 11.69 percent year-on-year to $5.46 billion in July-January of the current fiscal year
24 February 2024

Two more RMG factories get LEED certifications  

Comfit Composite Knit Ltd and Fakir Eco Knitwears are the two latest garment factories to receive the Leadership in Energy and Environmentally Design (LEED) certification from the US Green Building Council (USGBC) for their eco-friendly initiatives
24 February 2024

Workers protest in Gazipur for arrears

.Around 4,500 workers of the factory protested in Chandra area from 9:00am to 2:00pm
17 February 2024
14 February 2024

HC wants decision on 400 garments’ right to be BGMEA voters in 7 days

BGMEA election is scheduled to be held on March 9
12 February 2024

RMG workers stage demo for arrears

Several hundred workers of Abanti Colour Tex Limited, an export-oriented factory of Crony Group in BSCIC area of Fatullah, demonstrated on the factory premises for two hours in the morning
10 February 2024

Square Textiles' profit rises 37% in Q2

It made Tk 24.83 crore in Oct-Dec of FY24, Tk 18.07 in the same period FY23
3 February 2024

Garment makers should diversify products to be ready for post-LDC era

Local garment makers should diversify their products and invest in human resource development to prepare for any hurdles that may come after Bangladesh graduates from a least developed country (LDC) in 2026, according to experts.
31 January 2024

Bangladesh lowers cash incentive for exporters to prepare for post-LDC era

The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
31 January 2024

Apparel buyers yet to raise prices despite promise after wage hike

Some 79.1 percent of the apparel factory owners said international buyers are yet to increase prices of Bangladeshi goods, which they earlier promised to do after the new garment wage comes into effect in December last year, a survey found.
30 January 2024

Beximco suffers massive 64% sales drop in H1

Its profit decreased by 99.6% year-on-year to Tk 2 crore
30 January 2024

Global buyers yet to raise rates as promised after RMG wage hike

A survey conducted by BGMEA election’s opposition group Forum panel finds
30 January 2024

RMG can gain additional $489m from global online business: study

Bangladesh can gain additional garment business worth $489 million by 2027 from virtual markets in the US, EU and Africa
25 January 2024

Call for fair price grows louder as new EU rules loom for garment makers

Business leaders in the apparel and textile sectors in Bangladesh yesterday demanded fair prices for their products sourced by international buyers, saying the country has made major gains in quality and compliance.
23 January 2024

Garment exports to US double in five years

Garment shipment to the USA, the single largest export destination of Bangladesh, almost doubled in the last five years thanks to the tariff war between America and China and the presence of competitive prices of the locally made apparels.
22 January 2024

Garment exports to US double in five years

Overall apparel shipment rose 3.67% to $47.39 billion in 2023
22 January 2024

Garment export to EU falls

Garment export to EU falls 1.24% year-on-year to $11.36 billion in Jul-Dec period
19 January 2024

Textile, RMG machinery expo begins in Dhaka Feb 1

Over 1,000 machinery makers of 32 countries are expected to join the 18th Dhaka International Textile and Garments Machinery Exhibition
13 January 2024

17 local firms join world's biggest textile fair Heimtextil

The four-day exhibition began on Jan 9 in Germany
10 January 2024