Industry

Bangladesh’s Leap From Poverty To Textile Powerhouse

Textile Insights February 24, 2024

Bangladesh’s economy was in ruins in the early 1970s. It had just won its independence from Pakistan in a nine-month war. It emerged as a very poor, densely populated country largely dependent on jute production and subsistence farming but unable to feed its people. “In 1974, it fell into

Industry

Bangla Apparel Sector Shining Example Of Workplace Safety

Textile Insights February 21, 2024

President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan said the apparel industry in Bangladesh is a shining example of workplace safety in the world. Faruque Hassan was speaking at opening ceremony of the 9th International Fire Safety and Security Expo, where he added that workplace safety within garment sector is serving […]

Industry

Bangladesh Seeks Chinese Investment In Yarn & Fabric Sector

Textile Insights January 24, 2024

The Bangladesh garment industry has sought China’s investment in textile backward linkage industries in Bangladesh that would benefit both sides. A delegation of the China Knitting Industrial Association and the China Cotton Textile Association met representatives of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently. The discussions

Industry

Bangladesh Has 54 Out Of 100 Global LEED Garment Factories

Textile Insights December 30, 2023

Out of the 100 LEED certified garment factories in the world, 54 are now located in Bangladesh, which points to a commitment to green practices in the industry in the south Asian country. “The total number of Bangladesh clothing factories with LEED certificate now totals 206, which indicates the industry commitment towards greener initiatives,” Mohiuddin […]

Industry

Clothing Brands Commit To Hike Rates To Offset Wage Increase

Textile Insights December 29, 2023

Several global clothing brands have formally committed to increasing rates for their Bangladeshi garment suppliers to offset the hike in worker wages which comes into effect from January 1. “It’s quite encouraging that we have received formal letters from a few brands confirming their position to pay a price that absorbs the increase in wages,” […]

Sustainability

Bangla Garment Factory Crowned As World’s Top LEED Certified

Textile Insights December 18, 2023

Bangladeshi garment factory SM Sourcing Ltd has been crowned as the world’s top LEED Green Factory ranking, by bagging an inspiring score of 106 out of a possible 110. Earlier this ranking was held by another Bangladesh garment manufacturing plant of Green Textiles Ltd with 104 points. The garment industry in Bangladesh has made impressive […]

Apparel, Fashion, Retail

5 Percentage Point Hike In Bangla Garment Sector Value Addition

Textile Insights December 16, 2023

The value addition in the Bangladesh garment industry has increased to 70.78 percent in the first fiscal quarter ending September 30, as per data of Bangladesh Bank, the central bank of Bangladesh. In comparison, the value addition in whole of fiscal 2023 was 65.97 percent, so the period between July and September 2023, indicates significant […]

Industry

Sanctions On Bangladesh Will Not Be Labour Related

Textile Insights December 12, 2023

If sanctions are imposed by the US on Bangladesh, it would be mainly due to political reasons as against those related to labour issues, was the common concurrence of speakers at a seminar. “The countries that speak about sanctions have ratified just two of the primary International Labour Organisation (ILO) norms, as against eight by […]

Industry

Bangladesh Minister Downplays US Sanctions Over Labour Issue

Textile Insights December 2, 2023

A Bangladesh minister has asserted that the efforts of the US and EU to obstruct or sanction Bangladesh’s apparel exports will prove futile. “Business and politics are dissimilar spheres. The US and European countries will not do anything that jeopardises the Bangladesh garment industry,” Commerce Minister Tipu Munshi said while addressing the press.

Industry

Section Of Bangla Workers Unions Reject New Govt Wage Hike

Textile Insights November 8, 2023

A section of Bangladeshi garment workers unions have rejected the new proposed wage hike by the Bangladesh government and are insisting on a minimum wage of Taka 20,000 per month. State Minister for Labour and Employment Monnujan Sufian on November 7, informed that the wage has been hiked to Taka 12,500, up 56 percent compared […]