Many RMG, textile units yet to pay Dec wages
Over one hundred readymade garment factory units in the country are yet to pay wages and allowances of December, 2024 to their workers within the first week of February, which is approaching its end...
Tags : Textile
Textile millers in Bangladesh for banning yarn import thru land ports
The country鈥檚 textile sector businesses have requested finance adviser Salehuddin Ahmed to impose a ban on yarn imports using the customs houses of all land ports in the interest of the country鈥檚 textile sector...
APPAREL, TEXTILE SECTORS: Trade bodies urge govt not to increase gas price
Apparel and textile sector trade bodies on Monday wrote to the interim government demanding suspending the plan to increase the price of gas for the industrial sector and captive power plants...
IMPORT PAYMENTS: BTMA wants extended credit period
The Bangladesh Textile Mills Association has demanded the government to extend the usance period for payments on import of industrial raw materials...
BTMA demands payments of bills against back-to-back LCs
The country鈥檚 primary textile millers on Tuesday demanded intervention from the Bangladesh Bank to realise their matured bills from commercial banks against the supply of yarn and fabric to the readymade garment industries through back-to-back letters of credit...
Bashir calls for innovation in textile sector to face post-LDC challenges
Sheikh Bashir Uddin, adviser to the Ministries of Textiles, Jute, and Commerce, has urged stakeholders to brace for challenges following Bangladesh鈥檚 graduation from least developed country status...
Bangladesh BaoRui Textile to invest $19.53m in Mongla EPZ
Chinese company Bangladesh BaoRui Textile Co Limited will invest $19.53 million in Mongla export processing zone to establish a composite textile manufacturing industry, said a press release...
Student clash in Tejgaon leaves 25 injured
At least 25 people were injured in a clash between the students of Dhaka Polytechnic Institute and the Bangladesh University of Textiles from Sunday through early Monday in the capital鈥檚 Tejgaon area...
Student stabbed to death in city
A student of Faridpur Textile Institute was stabbed to death in a conflict between seniors and juniors in the Shantibagh area of 鈥嬧�婼hahjahanpur in the capital early Tuesday...
Preparations needed to address 4IR automation job losses: experts
Experts at a programme on Saturday said that Bangladesh should make timely preparations to address the job losses automation could cause in the readymade garment and textile sector...
Jhut sector must be formalised to prevent chaos: experts
Experts on Tuesday stressed the need for a textile waste (jhut) management policy in Bangladesh, saying that its informal nature of the sector fuelled political-economic tensions and...
Collaborative approach needed for RMG sector growth: experts
Experts on Wednesday said that the country needed a collaborative approach from the government and the stakeholders of garments sector to utilise the huge potential of the sector.
Chinese co to invest in jhut recycling in Mongla EPZ
A Chinese company, M/s Xingchen Textile Co Ltd, is set to invest $35.03 million to establish a textile industry in the Mongla Export Processing Zone, according to a press release.
CEMS-Global USA to host Textile Series of Exhibitions in Dhaka
CEMS-Global USA, a New York-based multinational exhibition and convention organiser, on Monday announced that it would host Bangladeshi edition of its globally renowned Textile Series of Exhibitions.
Sakhawat seeks S Korean investment in jute, textile sectors
Jute and textile adviser Brigadier General (retired) M Sakhawat Hussain on Wednesday urged South Korea to come up with investments in jute and textile sectors, as its...
BTMA for enhanced gas supply, security
The country鈥檚 textile manufacturers on Wednesday called for an uninterrupted supply of both gas and electricity, along with enhanced security measures to ensure the sector鈥檚 survival...
Circular textiles lack policy, Bangladesh forgoes $5b in exports a year: study
The absence of a comprehensive policy framework for circular textiles, which would incentivise the recycling of post-industrial textile waste known as jhut, is causing Bangladesh to forgo $5 billion in potential annual export revenues from recycled textile products, according to a recent study...
Khokon resigns, Showkat becomes BTMA president
Mohammad Ali Khokon on Sunday resigned from his position as president of the Bangladesh Textile Mills Association and former vice-president Showkat Aziz Russell took over the role following an emergency board meeting...
RMG, textile mills in Bangladesh to remain closed
Country鈥檚 readymade garment factories and textile mills will remain closed as the government extended curfew for an indefinite period and announced three days鈥� general holidays from Monday due to the deteriorated law and order situation, sector leaders said...
Textile millers demand low-cost loans to offset business losses
The country鈥檚 textile mill owners have sought low-interest bank loans to help cover workers鈥� wages and utility bills for July, saying that the industry faced significant financial losses due to the disruption of business operations amid the recent unrests over quota-reform movement...
Bangladesh may see fastest growth in cotton consumption: report
Bangladesh and Vietnam are expected to experience the fastest growth in cotton consumption and trade over the decade due to their competitive labour and production costs, which will lead to significant expansions in their milling capacities, according to a global report...
BTMA alleges inflated export data 鈥榗onspiracy鈥� to cut cash incentives
The Bangladesh Textile Mills Association on Saturday termed discrepancies in export figures as a 鈥榗onspiracy鈥� against the apparel and textile sector, claiming that a group influenced the government to reduce cash incentives by showing inflated export growth...
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...
RMG, textile businesses for source tax cut
Leaders of the country鈥檚 apparel and textile sectors on Saturday urged the government to reduce tax at source to 0.50 per cent from existing 1 per cent for the...
Gas crisis cuts textile production by up to 65pc: BTMA
Production in more than 1,000 textile mills in the country has plummeted by 50-65 per cent over the past month due to a severe shortage of gas supply, according to the Bangladesh Textile Mills Association...
Over 450 textile, RMG units cut freshwater usage by 35b litres
Over 450 textiles and readymade garment factories in Bangladesh under IFC-led programme 鈥楶artnership for Cleaner Textile鈥� have reduced freshwater consumption by 35 billion litres and cut wastewater discharge by 29 billion litres annually...
Govt sets Tk 10,001 as minimum wage for cotton textile workers
The government has announced Tk聽10,001 as the gross monthly minimum wage for the country鈥檚 cotton textile sector workers and employees...