Ahmed Hossain,Chairman of Jute Spinners Association Bangladesh Jute Spinners Association has elected Ahmed Hossain as its chairman for 2009-2010 and 2010-2011, said a statement. Hossain is deputy managing director ...

International buyers are placing a substantial number of bookings to collect winter clothing from Bangladeshi companies at cheaper prices as the major competitors are losing markets to the country amid global recession, apparel exporters said. Bangladesh has already turned into a lucrative destination for the buyers for its cheaper clothes. The exporters ...

A joint venture between Singapore and Bangladesh company will set up a central effluent treatment plant in Dhaka Export Processing Zone. The company, D-Water CETP Ecosystems (BD) Limited, will invest $4.793 million to treat 15,000-43,000 cubic meters of liquid effluent per day of the industries of the DEPZ. The plant will be set ...

Giving no attention to the fundamentals of the listed companies and the gloomy global reality, the market value and the volume of textile shares at the Dhaka Stock Exchange have posted an ...

The government is in the process of formulating a comprehensive new industrial policy within this year, focusing on an environment-friendly industrialisation, said the industries minister yesterday. “We need a cleaner environment because it is of utmost necessity to enter the competitive global market,” said Dilip Barua. “To have a healthy environment, we ...

Bangladesh Jute Association (BJA) has urged the government to waive all taxes on export of raw jute. The demand was made at a pre-budget meeting with the National Board of Revenue (NBR) yesterday with jute, textile and spinning mill sectors at its office. NBR Chairman Muhammad Abdul Mazid presided. BJA Chairman Rezaul ...

Outgoing BGMEA president speaks to The Daily Star A strong chance stays yet to materialise the dream of exporting readymade garment (RMG) worth $25 billion within 2013 from the existing $11.70 billion if the sector is given proper and timely policy support and financial aid from the government side. It ...

Today, handicrafts represent less than 1 percent of exports from Bangladesh. In contrast, the global market for handicrafts is estimated to be close to $100 billion. Surely this represents a huge opportunity for this country in terms of rural employment creation. The rural areas of Bangladesh are filled with women eager ...

Bangladesh may face slowing economic growth in fiscal 2008-09, hurt by a slowdown in the export-based industry and a decline in remittance as the financial crisis is panning out across the world, Asian Development Bank said yesterday. “The ...

The industries minister, Dilip Barua Monday said the government would build up a separate ‘Garment Industry Park’ to ensure planned industrialisation in the country. Talking to the leaders of Bangladesh Garments Workers Oikya Parsishad in his office the minister said the country would be benefited by utilising cheap but skilled labour ...