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2015-02-02 15:00:00
Political turmoil in Bangladesh hampered jute export and production by Tk5.1 bn
Bangladesh exports and local trade of jute hit hard by 20-30 per cent in the last 26 days due to political turmoil. The jute sector suffered loss of an estimated Tk 5.1 billion, insiders said. The
2019-05-27 15:30:00
ITF urges retailers to source garments locally
Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of importing. ITF’s appeal
2017-12-12 12:00:00
India records sharp rise of 56 pc in garment imports from Bangladesh
India has imported readymade garments worth $87.4 million during July-November 2017 from Bangladesh, registering a sharp rise of 56 percent compared to $55.92 million during the same period last
2017-06-22 10:00:00
Noman Group investing Tk 1,300cr on massive expansion plan
Noman Group, Bangladeshi textile and garment manufacturing company to meet the growing demand from Western buyers is set for a massive expansion plan. For now, the group is investing Tk 1,300 crore
2017-02-14 14:00:00
Bangladesh and Cambodia to form joint trade commission to boost trade
Bangladesh is working towards forming a joint trade commission soon with Cambodia to expand bilateral trade and commerce between the two countries. Bangladesh is very close to finalizing terms for
2016-07-21 14:00:00
Bangladesh RMG makers see China, Japan as promising markets
Bangladesh has seen increased garment exports to 11 new destinations since 2009, including Japan and China, partly because of the government’s financial incentives for new markets. The
2016-04-24 14:00:00
India loses 37 textile markets in 2 years to Pakistan in EU
With Pakistan’s inclusion in the Generalised System of Preferences (GSP) by the European Union (EU) India has lost 37 textile markets over the last two years in the European Union to
2016-03-25 12:00:00
Bangladesh yarn makers benefit due to cotton prices decline worldwide
The declining cotton prices worldwide have kept Bangladesh yarn market stable in the last one year. About a year ago, cotton was traded at nearly $1 a pound in the global market when yarn was sold
2015-12-09 14:00:00
Higher demand from garment makers to rise cotton consumption by 10pc
Bangladesh to witness rise in cotton consumption by 10 percent to more than one million tonnes due to higher demand from garment makers and favourable government policies for the textile sector while
2015-11-07 14:00:00
Directorate of Textiles to control all major activities of RMG sector
Bangladeshi readymade garment (RMG) sector the main export earner of the country to streamline, the Directorate of Textiles is going to be vested with the authority to regulate the RMG sector under a
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