BTMA urges adviser to solve gas problems
The country鈥檚 textile millers demanded raising the bulk consumer limit for captive power gas connections to 20 megawatts from the existing 10 MW...
Apparel
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Apparel exporters likely to pay $250m monthly
The country\'s apparel manufacturers expressed concern that if the 37 per cent tariff on readymade garment (RMG) exports to the US market is not fully withdrawn, Bangladesh鈥檚 leading export sector may face an average monthly duty burden of $250 million...
RMG exports grew 10.84pc in July-March
The country鈥檚 readymade garment exports witnessed a healthy growth of 10.84 per cent during the July-March period of the current financial year fetching $30.25 billion that highlights the resilience and potentials of the apparel sector...
Upgraded unit-2 of Pahartali Textiles Inaugurated
Pahartali Textiles Limited in Chattogram has completed the modernisation of its unit-2 under the BMRE (balancing, modernisation, rehabilitation, and expansion) programme to enhance production capacity and efficiency...
Apparel leaders seek incentive on US cotton
Apparel industry leaders have urged the government to offer an additional incentive to help offset the higher cost of importing cotton from the United States as part of efforts to reduce the trade gap with the country.
Utilise 90-day pause on US tariffs on export: experts
Economists and industry insiders urged the government to use the 90-day hiatus in the United States administration鈥檚 tariffs on exporting items to most countries, including Bangladesh.
Sweden drowns in discarded fast fashion items
Sweden鈥檚 recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, leaving overwhelmed municipalities eager to have fast fashion giants take responsibility.
Italy's Prada says to buy rival Versace for 1.25 bn euros
Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace for 1.25 billion euros ($1.39 billion).
BGMEA seeks buyers鈥� support in tariff issues
The country鈥檚 apparel manufacturers urged buyers to be patient and support them regarding the United States鈥� tariff on Bangladeshi export items...
RMG workers鈥� union wants parley with US
Sammilita Garment Sramik Federation urged the interim government to engage in diplomatic talks with the US over the reciprocal tariffs imposed by the Trump administration, emphasising the need for an acceptable solution to prevent negative impacts of the tariff on workers...
RMG sector in Bangladesh faces challenges as US slaps high tariffs
The country鈥檚 readymade garment manufacturers expressed concern over the US鈥檚 fresh 37 per cent tariff imposition on all Bangladeshi exporting products...