Tag : Bangladesh

Teams Up To Promote
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BGMEA And CNN Teams Up to promote ‘Made in Bangladesh’

Denim Admin
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) teamed up with US-based CNN International Commercial (CNNIC) to promote ‘Made in Bangladesh’ BGMEA wants to showcase the nation’s success and potential in the international arena. BGMEA will collaborate with CNNIC local representative Spellbound Communications Limited to sketch the stories of how...
Bangladesh apparel
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Bangladesh apparel, textile sector leaders set ceiling on yarn price.

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Apparel exporters and spinners in Bangladesh have set an upper ceiling on the price of count 30-single yarn to prevent any unusual price hike of the item in the domestic market. Following a continuous rise in yarn prices in the last 30 days, leaders of textile and garment associations met...
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Bangla brands, global unions agree on new, expanded worker safety pact

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Negotiations between representatives of global textile retailers from Bangladesh and the global trade union signatories to the former Accord on Fire and Building Safety in Bangladesh recently resulted in an agreement that continues legally binding commitments to workplace safety in the Asian nation and promises to expand the programme to...
Textiles Captains
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Textiles Captain in the pandemic situation.

Denim Admin
Yarn is one of the raw materials for export-oriented garments. Badsha Textiles Limited is the country’s leading manufacturer and exporter of yarn from imported cotton. In 2019, the company supplied more than 12.5 million USD worth of yarn to export-oriented garment factories. Despite the prevalence of Covid, the company’s sales...
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H&M Group appoints New Chief Technology Risk Information Officer

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H&M Group appointed George Mudie as the new Chief Technology Risk Information Officer. Mudie will assume his role in January 2022. George Mudie said, “Cybersecurity along with regulatory compliance and ethical data practices is a competitive advantage that will enable H&M Group to create meaningful relationships across their brand portfolio. Altogether, this is...
Appreals
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Sri Lanka’s apparel manufacturers hopeful EU GSP+ will be retained

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Top Apparel Manufacturers in Sri Lanka recently reiterated that the European Union’s (EU) generalized scheme of preferences plus (GSP+) is critical for the future growth of exports and expressed hope that the government will work towards retaining the concession. The apparel sector contribution to the country’s gross domestic product (GDP)...
Vietnam Garments
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Vietnam’s garment, textile, footwear sectors may take long to recover

Denim Admin
As Vietnam’s garment, textile and footwear sectors have been hit hard by the pandemic, firms may take long to recover, say experts. Some businesses said they are facing penalties for late delivery and the risk of losing orders for the next season. Prospects for this year and 2022 have turned...
BGMEA PRASIDENT
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BGMEA President called on US buyers to reduce audits

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BGMEA President Faruque Hassan has called on US buyers to reduce the number of factory inspections to reduce the cost of garment owners. He made the call at a roundtable meeting organized by the Bangladesh Embassy in Washington DC on Friday to expand the market for readymade garments in the...
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BGMEA President Faruque Hassan seeks IFC cooperation to finance SMEs in sustainability

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On September 9, 2021 (US Time) Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President  Faruque Hassan and vice President Miran Ali join a meeting of the International Finance Corporation (IFC) held at IFC headquarters in Washington D.C. BGMEA President Faruque Hassan notify the IFC of the progress made by Bangladesh’s garment...