Industry

BGMEA Appeals To Bangladesh Bank For Support Amidst Political Instability

Textile Insights September 4, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested urgent assistance from Bangladesh Bank to support the garment sector, which has been severely impacted by recent political instability. On August 27, 2024, BGMEA President Khandoker Rafiqul Islam and his

Corporates

Khandoker Rafiqul Islam Appointed New President Of BGMEA

Textile Insights August 25, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appointed Khandoker Rafiqul Islam as its new President following the resignation of S. M. Mannan (Kochi). Mannan stepped down due to his need for long-term medical treatment. An emergency meeting was held on August 24 at the Radisson Blu Water Garden Hotel in Dhaka, where the […]

Export

BGMEA Seeks Incentives Post LDC To Reach $100bn Target By 2030

Textile Insights May 10, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said the industry will meet target of US $100 billion by 2030, if the government supports industry post LDC graduation in 2026. According to BGMEA President SM Mannan, the apparel industry seeks an alternative support by way of cash incentives after Bangladesh graduates from least developed country […]

Export

BGMEA Seeks US Govt Support To Ensure Fair Minimum Garment Price

Textile Insights April 24, 2024

Bangladesh garment exporters have sought support and collaboration of the US government to ensure fair minimum price of apparel and a unified code of conduct for social audits. This was conveyed by office bearers of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a meeting with United States Trade Representative (USTR) delegation. “BGMEA also […]

Industry

Hyosung Invited To Invest In Bangla MMF Fibres Textiles Sector

Textile Insights February 15, 2024

The President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan called upon Hyosung Corporation to invest in manmade fibre textiles sector. He made the call when a delegation of BGMEA led by him visited Hyosung Corporation in South Korea. In the meeting they discussed issues related mutual trade interests, especially the prospect of […]

Sustainability

BAE And Fashion for Good Spearhead Sustainable Fashion With Chemical Recycling

January 9, 2024

Bangladesh Apparel Exchange (BAE), in partnership with Fashion for Good, facilitated the “Chemical Recycling Technologies: Manufacturing Markets Gateway” in Bangladesh, one of the world’s leading garment manufacturing countries. Fashion for Good, the Amsterdam-based global platform for innovation, along with two disruptive technology start-ups focused on