Tag : Bangladesh

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

Denim Admin
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...
Bd Garments
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Bangladesh beat Vietnam in garment exports

Denim Admin
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...
Garments
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Bangladesh Becomes The 2nd Garments Exporter Once Again.

Denim Admin
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...
BD SUMMIT
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Bangladesh is going to organize international Investment summit in November.

Denim Admin
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...