Implementation and monitoring should be emphasised in the national chemical management guideline for textile and garment industry in Bangladesh to realise optimum export, suggested experts yesterday.

Business leaders yesterday sought the prime minister’s attention to save the ailing non-textile factories, which are struggling to stay afloat owing to the ongoing financial crisis.

The year 2021 started with a hope to overcome the crisis caused by the coronavirus pandemic and rebuild the industry. With many momentous changes that happened throughout the year, it was a year of challenges and turnaround, yet a significant moment to transit to the next phase of development.

Business leaders today sought the prime minister’s attention to save the ailing non-textile factories, which are struggling to stay afloat owing to the ongoing financial crisis.

Manufacturing activity in China edged up in December, official data showed Friday, beating expectations as the price of commodities eased and despite sporadic closures due to Covid outbreaks.

Local garment shipments have continued to attain an impressive recovery, largely driven by volume, as the price hike rate has been very low with normalcy restoration in the global supply chain from the pandemic’s severe fallout.

Export-oriented leather, footwear and tannery operators can now import the raw materials required by multiple production units based on a single bonded warehouse licence, according to a recent notification from the National Board of Revenue (NBR).

Malek Spinning has decided to shut the RMG unit of its subsidiary Salek Textile Mills due to continuous losses and low demand for its products.

Picard Bangladesh Ltd, a leather goods and footwear manufacturer, today signed a memorandum of understanding (MoU) with Apon Wellbeing Ltd to ensure the better health and wellbeing of its workforce.

Bangladesh Federal Union of Journalists yesterday called for restoring discipline in newspaper industry along with considering the demand of Newspaper Owners’ Association (NOAB) for providing incentive to newspapers.

Bangladesh should reassess the protection granted to the domestic industries in order to help them grow up and accelerate the growth of non-garment export sectors, said experts. 

The United Nations declared the Convention on the Rights of the Child in 1989. But 15 years before the international treaty, Bangabandhu Sheikh Mujibur Rahman enacted the Child Rights Act in 1974 to protect children and ensure their rights.

For many in their 30s and above, the word newsprint occupies a good part of memories of their schooldays.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday partnered with CNN International Commercial (CNNIC) to promote the local garment industry on a global scale.

Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that comes as semiconductor shortages are causing supply chain delays across many industries.

Most of the listed rod and cement producers in Bangladesh posted higher profits in the July to September period riding on higher sales as economic activities picked up thanks to the improving coronavirus situation.

The Tazreen Fashions fire, one of the nation’s deadliest industrial incidents, was an eye-opener for the garment sector, showing that the cost of non-compliance in business operations was very high.

Bangladesh has the potential to produce $1.2 billion worth of recycled textile and garment items as the country has a big production base for cotton fibre clothing items, according to a recent study by the Global Fashion Agenda (GFA) and McKinsey & Company.

Synthetic footwear and sports shoe exports from Bangladesh registered an average annual growth rate of about 20 per cent in the past five years thanks to increased demand from global brands.

The United Nations wants to work with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to improve the working environment of the industries in the country.