Corporates

BGBA, Air8 Partner To Boost Textile Export Financing

Textile Insights May 28, 2025

The Bangladesh Garment Buying House Association (BGBA) has signed a Memorandum of Understanding (MoU) with Air8, a cross-border supply chain finance platform, to enhance access to export financing for Bangladesh’s textile sector. The partnership aims to provide BGBA members with innovative

Industry

344 RMG Factories In Bangladesh Yet To Clear Eid Bonuses; Protests Escalate

Textile Insights March 27, 2025

According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), 344 readymade garment (RMG) factories have yet to pay Eid-ul-Fitr bonuses, despite the deadline set for the 20th of Ramadan. Additionally, factories were required to clear half of March’s salary before Eid, but 84 units have either only partially paid or not paid at all. […]

Industry

Bangladesh Garment Workers Secure Key Labor Agreement

Textile Insights September 26, 2024

Representatives from readymade garment manufacturers and workers have successfully negotiated an agreement on 18 key demands to address labor concerns. The consensus was reached after extensive discussions on Tuesday at the Labour Ministry’s conference room. Labour Adviser Asif Mahmud Shojib Bhuiyan announced that all demands were addressed, warning that any further unrest

Garment

Bangladesh Garment Industry Hit Hard By Gas Shortages And Rising Import Costs

Textile Insights August 19, 2024

Bangladesh’s garment industry is facing severe disruptions due to a natural gas shortage, leading to a 13% increase in yarn imports. From July 2023 to April 2024, imports surged to $2.64 billion as local yarn production faltered. This reliance on foreign yarn is straining foreign reserves and reducing local value addition. Factories need 8-10 PSI […]

Garment

Bangladesh Garment Sector Faces US$ 814 Mln Loss Due To Unrest

Textile Insights August 1, 2024

The recent political and social unrest in Bangladesh has wreaked havoc on the nation’s garment industry, leading to unprecedented financial losses for manufacturers, including SDF Clothing. The student-led protests over state employment quotas, which escalated into violent clashes and government-imposed curfews, have caused an estimated US$ 814 million in losses. Md.

Industry

Bangladesh Garment Factories Reopen After Four-Day Shutdown

Textile Insights July 24, 2024

Garment and textile factories in Bangladesh began reopening yesterday after a four-day shutdown, with expectations for full reopening today. Around 30% of garment factories, including some in Dhaka, resumed operations without incidents reported. BGMEA President SM Mannan Kochi and Mohammad Hatem, Executive President of the Bangladesh Knitwear Manufacturers and Exporters

Economy

Bangladesh: An Ideal Investment Destination for Chinese Investors

July 2, 2024

Bangladesh has been reaffirmed as a prime investment destination, being the world’s second-largest garment exporter, said Maj Gen Abul Kalam Mohammad Ziaur Rahman, executive chairman of the Bangladesh Export Processing Zones Authority (Bepza). He made these remarks during a visit from a 13-member Chinese delegation from the Quanzhou Maritime Silk Road Industry and

Sustainability

Bangladesh Adds 12 More LEED Certified Garment Units In 2024

Textile Insights May 31, 2024

In the first five months of ongoing year, 12 more Bangladesh garment factories bagged the LEED certification, bringing the number of Bangladeshi LEED certified apparel factories to 218. LEED (Leadership in Energy and Environmental Design) is a globally recognised green building rating system that emphasises environmental responsibility and energy efficiency. “This recent

Industry

Bangla Apparel Makers Pay 645% Higher Undocumented Payments

Textile Insights May 16, 2024

Garment manufacturers from Bangladeshi pay up to 645 percent more than the official fees for renewal of licences or secure essential permits. The 645 percent higher charges are ‘undocumented payments’, a study by the Centre for Policy Dialogue (CPD) said. Quoting data from an exporter, the study informed that the company paid 645 percent higher […]

Industry

Chinese Consider Bangladesh As Ideal Investment Destination

Textile Insights May 6, 2024

Chinese investors are considering Bangladesh as an ideal investment destination and are also interested in shifting investments to Bangladesh while also making new investments. The Chinese investors informed this to a delegation of the Bangladesh Export Processing Zones Authority (BEPZA) which visited China recently and held a seminar. About 100 participants from various