As feared by some quarters, the impact of global recession on Bangladeshi garment industry may not linger for long as the local manufacturers are now presenting diversified products resulting in fresh orders in recent weeks.
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A twenty-five member business delegation of Hong Kong recently visited Viyellatex Group, a garment manufacturing company of the country.
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Integration and coordination between productivity and compliance are needed to have a sustainable growth in the country's prime forex earning RMG sector, speakers told a seminar in Dhaka yesterday.
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Foreign buyers see Bangladesh as a lucrative destination for global apparel outsourcing as the country manufactures quality items at a cheap cost.
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Fresh unrest is again simmering in the readymade garments (RMG) sector. Three precious lives were lost and over a hundred wounded in the recent deadly violence in Tongi. An apparently disturbed Prime Minister, Sheikh Hasina, categorically said that the government would not tolerate chaotic situation any more in the garment sector. The garment workers must get all types of facilities as they, with their low paid salaries, find it difficult to make both ends meet, she said.
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The 20th Bangladesh Apparel and Textile Exposition will begin in the capital on Thursday presenting more value added local garments to the international importers.
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Ocean Containers Limited, a fully-owned subsidiary of Summit Alliance Port Ltd, has got approval from the Chittagong Stock Exchange to be listed directly with the bourse.
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Owners closed at least eight garment factories in Dhaka city and its adjacent areas in last three moths allegedly without maintaining the factory laws.
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The government, factory owners and workers at a meeting Sunday decided in principle to introduce trade unionism in the readymade garment sector to avert rerun of labour unrest.
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Maersk Bangladesh and APL Bangladesh, two major shipping lines, are facing a fresh problem to continue operating, as the customs authority has found that the companies did not submit information relating to their purchased shares from the local partners.
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