Small RMG factories find it difficult to survive
The shortage of readymade garment (RMG) work orders from international brands and retailers to small and medium-sized (SME) RMG factories is so severe that many
Category : Trade & Business
News, views & articles on trade & business
BTMA demands an increase in cash incentives and a decrease in source tax
COVID-19 jostled the worldwide economy tremendously. The textile industry also fell afoul of the place likewise. Bangladesh is one of the major players in the
2021-22 FY budget: Garment accessories producers sigh on high source and corporate tax
According to the 2019-20 national budget- Garment exporters enjoy 12% corporate tax Apparel manufacturers with certified green factories pay only 10% But the garment accessories
Unstable yarn price frustrating knitwear makers and exporters
A secure policy is urgent to build stable yarn price because abrupt changing without prior notice is killing the manufacturing sector. Being a most prone
HeiQ acquires Belgian industrial biotech company, Chrisal
Material innovator HeiQ announce that it has acquired Chrisal N.V., a Belgian industrial biotechnology company, adding probiotic ingredients and technology platforms to its offerings Desk
India’s cotton exports to grow 50% to 7.5 million bales
India is expecting a 50% increase in cotton exports in 12 months to 7.5 million bales within the 2020-21 crop 12 months starting October with
Threats and opportunities of yarn business in Bangladesh
For the last 4 or 5-months Bangladeshi spinners are having an upward trend after a year of calamity in COVID-19. Following the trend, many investors
COVID-19 keeps hurting RMG exports
The COVID-19 pandemic keeps hurting readymade garment (RMG) exports. Garment shipment, mainly woven products, are yet to fully mend because main export destinations in the
Home textile exports shine defying pandemic
At a time when the country’s apparel exports are going through a negative growth, shipment of home textile products rose sharply amid the ongoing pandemic
Spain-Bangladesh bilateral trade relationship and scopes
There exists no adverse relation between Spain and Bangladesh instead it is seen rare international and bilateral relation of these two countries and found scopes
