The new chairman of Bangladesh Jute Mills Corporation, T D Mitra, has emphasised a halt to wastage of money and raising productivity to sustain the jute industry. Mitra was speaking at a meeting with project directors of all the state-owned jute mills in Khulna-Jessore industrial at the BJMC's Khulna zonal office ...

Knitwear manufacturers yesterday demanded a 10 percent export performance bonus for all readymade garments to be more competitive in the time of global recession. Citing different stimulus packages already offered by the competing countries, Fazlul Hoque, president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), said any delayed stimulus package might ...

The outgoing chairman of Securities and Exchange Commission yesterday stressed more textile companies' listing to get a better reflection of the country's real economy in the stock market. “The real economy is not reflected in our stock market, as representation of textile sector, which is the most vibrant section of the ...

Bangladesh's share in the US apparel market is getting larger as cheap clothing (basic garment items) sales in that market are increasing in global recession, market operators said. Recession-hit retailers in the ...

Exports increased by 11.86 percent in January over the same month a year ago, while officials said the country would be able to meet the over $16 billion export target for the current fiscal ...

The newly elected officer bearers of the Bangladesh Garment Manufacturers and Exporters’ Association led by Abdus Salam Murshedy took over charges at the country’s apex trade body of export-oriented apparel sector on Thursday. Earlier on February 24, Murshedy’s team secured a landslide victory at BGMEA’s biennial polls by winning all ...

Country’s readymade garment export earning saw a refreshing 20 per cent growth in January, according to the Export Promotion Bureau, but exporters said it was backlogs that swelled shipments in the month. They said the figure of February that is yet to be summed up would probably be bad and they ...

The newly-elected board of Bangladesh Garment Manufacturers and Exporters’ Association on Monday elected the office bearers to lead the apparel sector’s premier trade body for the next two years. Abdus Salam Murshedy, leader of the winning panel at the BGMEA polls held on February 24 and managing director of Envoy Group, ...

An advisory programme for Bangladesh’s export-oriented textile industry was launched on Sunday with stakeholders agreeing on much needs of technical and management advisory. Advisory Services for Textiles and Apparel of Bangladesh (ASTAB) is a new project, funded and managed by the United Nations Industrial Development Organisation and Bangladesh Quality Support Programme. ‘Bangladesh’s ...

Prices are slipping toward the bottom. Orders are being cancelled. Payments and shipments are deferred or on hold. All point to the gloom thickening on the horizon. Economists warn that a deepening and prolonged recession ...