Textile and Jute Minister Abdul Latif Siddiqui said yesterday there is a huge potential for the country's readymade garments and textile sectors as China is shifting focus to hi-tech from RMG and textile. Read More »
The Bangladesh government will form wage commission for regular industrial workers of all sectors within 'the shortest possible time' and amend the existing labour law, said Labour and Employment Minister Khandker Mosharraf Hossain yesterday. Read More »
The commerce ministry in a recent letter has sought clarafications from Delhi for imposing higher hidden taxes on export of eight million pieces of readymade garment products to India under duty-free facility, a ministry official said. Read More »
Taiwan plans to restrict Chinese stock investment in strategic sectors, as it seeks to keep control of its economy amid rapidly growing ties with the mainland, local media said Monday.
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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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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. Read More »
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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Owners closed at least eight garment factories in Dhaka city and its adjacent areas in last three moths allegedly without maintaining the factory laws. Read More »
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. Read More »
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. Read More »