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Banks delaying payment to local textile makers: BTMA

Banks are holding up payments to local textile manufacturers against purchase of raw materials by readymade garment exporters under back-to-back letters of credit, textile manufacturers alleged...

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GAPMEA demands revisions of proposed budget

The country鈥檚 garment accessories and packaging makers on Thursday made a number of demands before the government saying that the proposed budget lacked measures to ensure a business-friendly environment...

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Checking inflation biggest challenge in FY25: EAB

The Exporters Association of Bangladesh on Tuesday said that controlling inflation would be the biggest challenge in the upcoming financial year as foreign currency reserve of the country had depleted...

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BGMEA seeks foreign ministry鈥檚 coop in product, market diversification

A delegation from the Bangladesh Garment Manufacturers and Exporters Association, led by president SM Mannan (Kochi), met foreign minister Hasan Mahmud at the ministry in Dhaka on Tuesday and sought the foreign ministry鈥檚 cooperation in product, market diversification for RMG sector...

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BGMEA for fair prices, unified code of conduct

Bangladesh Garment Manufacturers and Exporters Association President SM Mannan (Kochi) has urged the International Labour Organisation to take an initiative to establish such a code, stressing its significance for the benefit of all stakeholders - including buyers, manufacturers and workers worldwide...

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BGMEA urges EU to continue support for RMG sector dev

Bangladesh Garment Manufacturers and Exporters Association president SM Mannan (Kochi) has called upon the European Union to continue its support for Bangladesh鈥檚 RMG industry, particularly by extending the transition period from the Everything But Arms to GSP Plus...

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BGAPMEA holds election first time in 33yrs

The election of the Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association for the tenure of 2024-2026 will be held today...

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BGMEA seeks BCCCI coop to narrow trade gap with China

President of the Bangladesh Garment Manufacturers and Exporters Association SM Mannan (Kochi has underscored the importance of increased investment from China and bolstered exports to the Chinese market in narrowing the trade gap between the two countries...

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Export earnings drop in April

Bangladesh鈥檚 export earnings in April 2024 decreased slightly year-on-year compared with the same month of 2023 while the earnings in 10 months (July-April) of the current financial year 2023-24 grew by 3.93 per cent...

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BGMEA seeks US govt support to ensure fair minimum apparel price

The Bangladesh Garment Manufacturers and Exporters Association on Monday at a meeting with the visiting United States Trade Representative delegation sought support and collaboration of the US government to ensure fair minimum price of apparel and a unified code of conduct for social audits...

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Wages remain unpaid in 51pc factories

More than 51 percent, or 4849 factories, including textile and garment units across the country, except those in the Dhaka Metropolitan area, have yet to pay monthly wages for the month of March...