Local textile millers’ triple trouble
Bangladesh’s primary textile millers are in a gloomy scenario due to the three-pronged situation – persisting low gas pressure, fuel price hike and deteriorating yarn
Category : Trade & Business
News, views & articles on trade & business
BGMEA urges govt. to extend issuance and renewal of licenses for 5 years
BGMEA Acting President Shahidullah Azim said if the issuance and renewal of all licenses are extended for five years, it will help to move a
Archroma to acquire Huntsman Textile Effects
Archroma, a global leader in sustainable specialty chemicals and solutions and a portfolio company of U.S.-based private investment firm SK Capital Partners (“SK Capital”), today
Ananta Group takes $13.8mn Proparco loan to expand sweater manufacturing capacity
Ananta Group, a leading apparel exporter, has received $13.8 million in low-cost financial support from Proparco, a French Development Finance Institution. The loan will help
Raw materials sourcing increases in Bangladesh
As apparel demand is rising globally, so import of basic raw materials used to produce apparel items in Bangladesh in first six month of 2022,
China’s exports speed up in July but outlook cloudy
As China struggles to recover from a Covid, so exports growth of China speed up in July, also offering an encouraging boost to the economy.
Apparel value-addition depreciated due to high raw material price, energy crisis
The just-ended fiscal year (FY) 2021-22 has witnessed a depreciation in Bangladesh’s readymade garment (RMG) – the backbone of the country’s economy as it contributes
Industries to remain shut once a week under rationing system
Bangladesh government has decided to keep all Industrial factories closed once a week under an area-wise rationing system. The government declarer it in a bid
Bangladesh-Turkiye form Business Forum to spread bilateral relations
Eleven Bangladeshi and six Turkish companies have come together and decided to establish the new Bangladesh-Türkiye Business Forum (BTBF) at a meeting hosted by the
Next Plc’s sales grow 5% this year
The second quarter sales of retailer Next Plc has gone up 5 percent compared to last year, £50 million ahead of the previous guidance. Sales in
