FinanceMinister AMA Muhith yesterday assured RMG exporters of financial assistance in the next budget to enable the largest export-earning sector to tackle fallout from the global economic crisis. "We will provide financial assistance for the RMG exporters in the budget for fiscal 2009-10," Muhith told reporters after a meeting with BGMEA ...

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 ...

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 ...

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 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 ...

Mobile phone operator Banglalink recently signed a corporate agreement with the Tex Knit International under its ‘Enterprise’ package, one of the popular business offers on the market, said a press release. The Tex Knit International, a cent per cent export-oriented composite knitwear manufacturer, will enjoy special tariff plan and value-added ...