Give six more months for loan repayment, says BGMEA and BKMEA
In a joint letter to the finance minister on 20 June – Two apparel exporters’ associations, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and
Category : Trade & Business
News, views & articles on trade & business
Vietnam embassy and DCCI, collaborate to ease trade, investment
The embassy of Vietnam in Bangladesh and the Dhaka Chamber of Commerce and Industry (DCCI) has signed a memorandum of cooperation to ease trade and
FDI declined by 11% in Bangladesh amid global pandemic
Bangladesh received 11% less Foreign Direct Investment (FDI) in 2020 amid a global decline, the United Nations Conference on Trade and Development (UNCTAD) said recently.
Vietnamese textile-garment firms investing to foster trade
Due to the COVID-19 pandemic resulting in a fall in demand for textiles and garments, Vietnamese enterprises have invested in improving production capacity, completing the
Joor invests 46 million US dollars in Series D fund
The digital fashion wholesale platform Joor, has raised 46 million US dollars in Series D funding led by Macquarie Capital Principal Finance. The wholesale platform
Garment accessory manufacturers take a hit as raw material prices rise steeply
Garment accessory and packaging manufacturers hit hard as raw material prices rise steeply. While the COVID-19 pandemic has put the overall apparel and textile and
BGMEA urges BIDA for an effective business-friendly environment
BGMEA President Faruque Hassan urges BIDA for an effective business-friendly environment and to improve the ease of doing business in Bangladesh to attract more investment
10% incentive in non-cotton segment can fetch at least $ 2bn more
Although Bangladesh manufacture and exports readymade garments (RMG) for 40 years, but the industry is much focused on cotton-based products. It is understood that RMG
India and Australia may resume trade talks soon to reform apparel exports
Recent efforts are underway to re-launch the long-suspended Free Trade Agreement between the European Union and India. India and Australia are now in talks to
BGMEA seeks Bangladesh Bank support to address pandemic challenges
BGMEA has sought the support of the Bangladesh Bank for the RMG industry in its struggle to overcome the impacts of the COVID-19 pandemic and
