The well known fibre’s major from Japan, Toray Industries Inc. is planning to contribute in its own way to reduce environmental pollution. It is planning to recycle products which have been manufactured using Nylon-6 synthetic fibres like shopping bags, pouches and apparels.
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Bangladesh fell six steps to the 110th position among 181 countries in "ease of doing business", said a global survey report jointly prepared by the World Bank (WB) and International Finance Corporation (IFC).
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Foreign Adviser Dr Iftekhar Ahmed Chowdhury, who is visiting the Netherlands, urged European and Dutch business houses to invest in Bangladesh taking advantage of the “market-friendly liberalised rule” of the country.
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Month on month, the readymade garment industry of Nepal is still undergoing a shrinking process when it comes to its market share in the US. Apparel exports have plummeted by a whopping 49 percent during the first eight months of this year.
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A chinese company will set up a garments manufacturing industry in the Karnaphuli Export Processing Zone (KEPZ) with an investment of Tk 34 crore.
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Readymade garment (RMG) exports are likely to suffer yet another blow as Wal-Mart, the world's largest retailer of clothing, wants a 2 percent rebate on its current orders of Bangladeshi RMG products.
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