Demands shock sends Bangladesh apparel exports to US down 16% in 2020
Bangladesh’s apparel exports, the driver of economic growth, to the United States of America, the single largest export destination for exporters, have recorded a 16%
Category : Trade & Business
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India may impose anti-dumping duty on yarn from China, Indonesia, Vietnam
An anti-dumping duty is a protectionist duty that a domestic government imposes on imports that believe it is below a fair market price. The Indian
Pakistan withdrawing 5% customs duty on yarn import
Pakistan’s govt. has guaranteed to withdraw 5% custom duty on yarn import and in this connection notification will be issued immediately after the approval of
Recycled polyester endangered by China left-over ban
A bar on all the import of all resources classified by the Chinese Ministry of Ecology and Environment as ‘solid waste’ – including recovered fibre
Bangladesh and other jeans exporting countries witness a dip in export to US
Top jeans supplier country in the USA, Bangladesh saw its shipments dip 3.73% for the 11 months through November to $522.78 million, on par with
BGMEA gives open letter to extend repayment COVID-19 stimulus package loans
Amid the second wave of COVID-19, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Rubana Huq has written an open letter to extend the timeframe
BGMEA signes agreement with Sidley Austin to receive advice on GSP extension
Bangladesh’s top apparel body the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a contract with Sidley Austin LLP to obtain advisory services to extend
RMG export earnings contribution to national export declined in 2020
Bangladesh’s economic backbone, its readymade garment (RMG) manufacturing export earnings, which typically contributes 84% to the national exports, dropped 2.99% to $15.54 billion, according to
Growing cotton import signifies BD apparel growing amid pandemic
Bangladesh’s cotton import growth signifies that the apparel sector is growing. The local cotton import raised by about 9% to 75 lakh bales in the
Pakistan textile industry rebounds
The biggest challenge for the past year in global economies and their supply chains was the COVID-19 itself. One of South Asia’s textile manufacturing countries,
