Tag : Bangladesh

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...
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Bangladesh beat Vietnam in garment exports

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Last year, Vietnam surpassed Bangladesh in global garment exports. However, in the first half of this year, Bangladesh has gone ahead again. In the seven months from January to July, Bangladesh exported more garments worth 193 crores 69 lakh dollars than Vietnam, according to the BGMEA. According to the BGMEA...
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Bangladesh Becomes The 2nd Garments Exporter Once Again.

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Bangladesh Snatches Back No. 2 Garment Exporter Title. Bangladesh has come out ahead in the race for the world’s No. 2 clothing exporter after China. at least for the moment. After ceding ground to Vietnam in 2020, the South Asian nation clawed back its lead in the first seven months...
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Bangladesh is going to organize international Investment summit in November.

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To attract investments from both home and abroad, Bangladesh Investment Development Authority (BIDA) is going to organize an international summit in Dhaka from 28-29 November. Bangladesh Investment Development Authority (Bida) executive chairman  Sirazul Islam Said, “We are targeting 15 countries from which we expect more investment. And we will also...
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Bangladesh as a preferred place for investment: BGMEA President

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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has invited foreign investors, including the Bangladeshi businessmen living within the US, to settle on Bangladesh as their preferred and ideal investment destination. “With consistent economic process over the past decade; an outsized , young and vibrant workforce; strategic location, political stability, growing infrastructure, Bangladesh has emerged as a perfect place for...
BGMEA president calls for Canadian investment in Bangladesh
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BGMEA calls on Canadian buyers to source more from Bangladesh.

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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan called on Canadian buyers to choose Bangladesh as a safe, sustainable and ethical apparel-sourcing destination and source for taking more garments from the country. He made the call during a meeting with Paul Draffin, Chief Supply Chain Officer at Canadian...
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Expo 2020 Dubai: Bangladesh to take a part.

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Bangladesh will showcase its 50 years of achievements to the world at an international expo in Dubai. The story of ‘indomitable Bangladesh’ that has risen out of war, poverty, and natural disaster to mark an impressive socio-economic development is an awe-inspiring model for other underdeveloped countries participating at the Expo...
Teams Up To Promote
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BGMEA And CNN Teams Up to promote ‘Made in Bangladesh’

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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...