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...
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...
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 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...
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 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...
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...
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 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...
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...