Industries

Int'l Accord separate from RMG Sustainability Council: BGMEA

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said that the recently signed International Accord for Health and Safety in the Textile and Garment Industry is separate from RMG Sustainability Council (RSC).
29 August 2021, 15:54 PM

Bata returns to profit in Bangladesh

Bata Shoe Company (Bangladesh), one of the widely known footwear brands in the country, returned to profit in April-June period of the current year after incurring a massive loss in the same quarter last year.
29 August 2021, 11:55 AM

Protect consumer rights in digital industries: experts

All industries and their respective regulatory bodies are responsible for ensuring consumer protection as well as deepening financial inclusion, according to speakers at a webinar.
28 August 2021, 18:00 PM

BGMEA seeks incentive on non-cotton apparel export

Garment makers have demanded a 10 per cent incentive on the export of garment items made from non-cotton fibres to encourage investment in man-made fibre (MMF).
25 August 2021, 18:00 PM

Accord signatories enter new pact

The former signatories of the Accord Bangladesh have joined together to continue their legally binding commitments to workplace safety in Bangladesh and expand the programme to other countries.
25 August 2021, 18:00 PM

Bangladesh seeks Spanish investment in non-cotton sector

Bangladesh Garment Manufacturers and Exporters Association (BGMEA)  today sought Spanish investment in non-cotton textile items as the demand for man-made fibre (MMF) garment items is on the rise.
24 August 2021, 13:17 PM

Tk 210 crore project to establish bio-gas plants gets nod

The government today gave nod to a nearly Tk 210 crore project to establish 64,000 bio-gas plants with the objective to generate renewable energy in rural areas.
24 August 2021, 11:54 AM

New honey tea sells for Tk 3,100 a kg

Shahbazpur Tea Garden in Sreemangal upazila of Moulvibazar district has recently introduced a new variety called honey tea.
23 August 2021, 18:00 PM

Meghna Group enters ceramic sector

Meghna Group of Industries (MGI) has entered into the local ceramic sector with its brand Fresh Ceramic.
23 August 2021, 12:14 PM

No ISP monopoly to be allowed

Bangladesh Telecommunication Regulatory Commission (BTRC) will not allow any internet service provider (ISP) to create a monopoly in delivering services, said Shyam Sunder Sikder, chairman of the telecom regulator, yesterday.
22 August 2021, 18:00 PM

Yarn run-in ends

The dispute between spinners and garment manufacturers was resolved after the two sides fixed the price of the widely consumed 30-carded yarn at a maximum of $4.20 per kilogram.
22 August 2021, 18:00 PM

DBL Group to invest $650m in Sreehatta Economic Zone

DBL group is going to invest $650 million (Tk5500 crore) to establish 10 factories to manufacture textiles, ceramic and sanitary items at Sreehatta Economic Zone in Moulvibazar.
22 August 2021, 13:20 PM

IFAD Autos to acquire 40% of IFAD Multi Products at Tk 80 crore

The board of directors of IFAD Autos has decided to invest Tk 80 crore to acquire 40 per cent shares of IFAD Multi Products Ltd.
22 August 2021, 10:19 AM

Yarn price fixed at $4.20 per kg

The spinners and garment manufacturers have fixed the price of 30-carded yarn at the highest $4.20 per kg for the local markets.
22 August 2021, 09:27 AM

No scope for lowering yarn price: BTMA

Spinners have kept yarn prices unchanged since August 10 and there is no scope for a reduction as cotton prices are high in the global market, said Mohammad Ali Khokon, president of Bangladesh Textile Mills Association (BTMA), yesterday.
21 August 2021, 18:00 PM

High transport costs bear down on RMG exporters

Garment exporters are feeling the pinch of exorbitant transport fares as the rebound in the shipment of goods thanks to the reopening global economy has raised the demand for trucks and covered vans.
21 August 2021, 18:00 PM

Jabs for RMG workers within 45 days

Vaccinating workers is a top priority for the Prime Minister Sheikh Hasina-led government, which expects to start providing garment workers their jabs within one and a half months, Commerce Minister Tipu Munshi said on Wednesday.
19 August 2021, 18:00 PM

Spinners won’t cut yarn price

Spinners are unwilling to reduce the prices of yarn in local markets even though apparel and terry towel exporters have demanded as much in order to remain competitive at the international level.
17 August 2021, 18:00 PM

Anwar Galvanizing to double production capacity

Anwar Galvanizing, a listed concern of the Anwar Group of Companies, has decided to double its production capacity within 2022 investing Tk 27 crore.
17 August 2021, 18:00 PM

Pabna’s hosiery industry needs support to survive

Pabna is known as a hosiery manufacturing hub that supplies a range of garment items, such as inner wear, legwear and socks, all over Bangladesh.
16 August 2021, 18:00 PM