Italian Teddy Group promises to support Bangladesh RMG
When many global buyers showing unethical business behaviour, cancelling orders, refusing to pay for billions of dollars’ or holding back payments -Italian fashion group Teddy
Tag : Bangladesh apparel industry
COVID-19 pandemic affects 77% of apparel and footwear industries in Bangladesh
According to one of the world’s leading ethical trade membership organizations, Sedex, garment, footwear and construction sectors have suffered the biggest economic hit during the
Coronavirus: Why the collapse of fashion brand Primark’s business is bad news for Bangladesh?
Now the ready-made garments industry of Bangladesh is facing a severe storm. To understand this situation the example of a fashion brand Primark is enough.
1665 factories paid wages till 16 April
In a statement, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) informed that already 1665 factories have paid wages till 16 April to their workers and
Bangladesh textile and apparel industry during COVID-19
Bangladesh’s export earnings are increasingly becoming dependent on the readymade garment (RMG) sector. Now this phenomenon is threatening our country’s economy due to corona-crisis. Because
Apparel makers to get loan at 2% to pay workers wage
The Coronavirus affected apparel factories can avail funds from the government bailout package of Tk 5000 crore at 2% interest to pay their workers’ salaries
H&M assures suppliers of taking ready goods
Swedish retail giant H&M assured its garment suppliers of taking shipment of goods that have already been manufactured In the face of the rapid spread
Government cuts source tax to 0.25% for RMG
In a bid to boost the export earnings from the readymade garment sector, Bangladesh government has cut source tax on export of apparel products to
