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.

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

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.

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

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

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

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.

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.

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

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

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

The four-day exhibition began on Jan 9 in Germany

While Bangladesh retained top position in garment export to UK, prices still remain one of the lowest

Garment workers today demonstrated in front of their factories and the Chattogram Export Processing Zone (CEPZ) office gate expressing dissatisfaction over the new wage board

Rising emphasis on recycling and sustainability from global brands is driving the cotton waste export from Bangladesh

Bangladesh recorded nearly $47 billion in export orders, a milestone achievement according to data from EPB

Hundreds of RMG workers took to the streets yesterday, protesting the announcement of Crony Tex Sweater Ltd to lay-off workers of the sweater division due to a decline in work orders from foreign buyers.

SM Sourcing, located in Gazipur, has scored 106 out of 110, the highest in the globe, receiving the certification on Tuesday

The recently declared wage board for garment workers is inconsistent with the present market scenario, workers’ leaders said at a seminar yesterday.

The garments industry of Bangladesh still suffers from a huge wage gap between male and female workers, with the latter holding just 5 percent of all supervisory positions in the sector, according to experts.