419 RMG factory closure to hurt Bangladesh’s export and employment
The COVID-19 pandemic has hit Bangladesh textile and garment industry hard. 419 export-oriented factories have been shut down in the last two months as the
Category : Trade & Business
News, views & articles on trade & business
Sri Lanka hopes to attract $1 bn worth PPE orders
Sri Lankan Board of Investment (BOI) has informed that the country attracted over $500 million worth of orders for the production of personal protective equipment
BGMEA threatens to blacklist retailers with dues
In the prolonged COVID-19 outbreak some buyers and brands have not maintained their promise with Bangladesh’s garment manufacturers. And turned away from paying their dues.
Positive signs for RMG orders in Bangladesh
In this unprecedented closed world, businesses and people’s lives are reopening gradually. But the scars made by the COVID-19 virus has left countries and industries
Vietnam focuses on post-pandemic business
In the wake of announcing accomplishment in containing the coronavirus, Vietnam is marking itself as a safe spot for doing business grabbing the eyes of
Apparel export falls to a record low due to coronavirus outbreak
Garment sector in the country is going through a critical period as export volume of the highest foreign currency earning item has dropped to a
Bangladesh’s apparel exports fall dramatically in April
Bangladesh’s economic backbone the apparel sector only exported around USD 360 million during April. A stark comparison, as at the same time last year, Bangladesh
Netherlands promise to uninterrupted apparel value chain from BD
A very good trade relation is prevailing between Bangladesh and the Netherlands. This relation has been further enhanced as the Netherlands has guaranteed Bangladesh that
Garment workers to get 60% wage in closure period
Readymade garment (RMG) workers of Bangladesh will get 60% of their gross monthly wages for the closure period. Monnujan Sufian, State Minister for Labor announced
Swedish buyers will not cancel any orders on RMG
Swedish buyers will not cancel any orders on readymade garment (RMG) products. Swedish Prime Minister Stefan Löfven assured it to Bangladesh’s Premier Sheikh Hasina while
