Written by admin on Announcement – 10:38 am
TÜV SÜD Bangladesh (Pvt) Limited, a concern of Germany based TÜV SÜD, a major international service group, has launched its operation in Bangladesh on Tuesday.
The company is 140 years old and now it operates over 41 countries of Europe, America, Africa and Asia, with more than 13,000 employees and over 600 locations. German Ambassador in [...]
Written by admin on March 7, 2009 – 12:12 am
Recently, news had emanated of the Bangladesh garment industry overtaking India, in exports of apparels to the biggest market in the world; USA. More and more worldwide clothing buyers are heading towards the shores of Bangladesh, since it is able to manufacture apparels, competitive in pricing, than most other countries in Asia.
From August 2008 onwards, [...]
Written by admin on March 7, 2009 – 12:14 am
International buyers are placing a substantial number of bookings to collect winter clothing from Bangladeshi companies at cheaper prices as the major competitors are losing markets to the country amid global recession, apparel exporters said.
Bangladesh has already turned into a lucrative destination for the buyers for its cheaper clothes.
The exporters said the flow of orders [...]
Written by admin on March 7, 2009 – 12:07 am
Strikes with concern to wages had dominated the garment sector, in the first half of 2008. But now, with the government constituting a wage board to opine on the wage increase to apparel workers, it is now the turn of the manufacturers and exporters, who are up in arms protesting against the timing of the [...]
Written by admin on February 10, 2009 – 10:30 am
Bangladesh is still a bright place for new textile and readymade garment factories, despite a barrage of gloomy reports of the giant economies hurtling into a deeper financial crisis. Industry insiders say so.
High-profile textile and RMG machinery makers feel that Bangladesh will do better in future, even in times of global recession. This is supported [...]
Written by admin on February 10, 2009 – 10:36 am
The ready made garment sector, one of the pillars of the Bangladesh economy, is definitely in a positive mode despite global financial meltdown.
Talking to media persons on Wednesday, Mr Anwar-ul-Alam Parvez, President of the Bangladesh Garments Manufacturers and Exporters Association (BGMEA), countered World Bank prediction and said, “The World Bank prediction is whimsical and unrealistic. [...]
Written by admin on February 10, 2009 – 10:35 am
Bangladesh’s garment industry is growing rapidly despite the global economic turmoil as China loses orders due to high prices and worldwide demand for cheap clothing soars.
Nearly 5,000 apparel makers here initially sought government help when some top US and European buyers postponed and cut orders in the wake of the worst financial crisis since the [...]
Written by admin on February 10, 2009 – 10:31 am
The government is moving to readjust minimum wages for garments workers and constitute a wage board, the labour minister said on Tuesday, though RMG exporters warned it was not the right time in view of the global recession.
“Work on this by the ministry has already started,” Khondakar Mosharraf Hossain told reporters following a meeting with [...]
Written by admin on January 30, 2009 – 11:21 pm
NEARLY 5,000 apparel makers in Bangladesh initially sought government help when some top US and European buyers postponed and cut orders in the wake of the worst financial crisis gripping their economies since the 1930s Great Depression. But clothing makers have, of late, claimed that a there has been a large diversion of orders from [...]
Written by admin on January 26, 2009 – 2:00 am
Commerce minister Faruq Khan on Friday said his government will adopt measures to spur the growth of the readymade garment export.
“The government will cooperate with the garment manufacturers and exporters to take the country to the top among the readymade garments exporting countries,” he said at the launch of Chittagong Apparel Fabric and Accessories Exposition.
Bangladesh [...]