In a breakthrough initiative for Bangladesh’s industrial recovery, Japanese-Bangladeshi ethical fashion venture REVIVAL Group Co. Ltd., and REVIVAL Projects Ltd., have announced plans to lease and restart the long-shuttered BEXIMCO Textile Division. The move represents one of the most
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Business Chamber of Canada (BBCC) have signed a memorandum of understanding (MoU) to strengthen collaboration in trade, investment and knowledge exchange between the two organisations. Under the MoU, BGMEA and BBCC will work to create closer networking and communication channels
Bangladesh has taken a significant step forward in advancing its industrial sustainability efforts with the signing of a 16.9 MWp rooftop solar power project under a CapEx model with Ha-Meem Group, one of the country’s largest textile and apparel manufacturers. The project will be implemented across the Group’s Textile Zone, including Ha-Meem Denim Ltd., Ha-Meem […]
Bangladesh’s primary textile industry is on the brink of a major disruption, warns the Bangladesh Textile Mills Association (BTMA), urging the government to roll back recent fiscal measures that threaten the survival of domestic spinning mills. In letters sent to key policymakers including the finance and commerce advisers, Bangladesh Bank Governor, and NBR Chairman, BTMA
Inditex, in collaboration with the Asian University for Women (AUW), has launched a scholarship programme aimed at supporting the academic development of female textile workers in Bangladesh. The global fashion retailer will allocate €3.75 million to fund the education of 50 women over the next five years, providing them with access to pre-university and university […]
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. […]
Bangladesh’s apparel exports to the EU rose 6.9% year-on-year in September 2024 to €1.53 billion, driven by strong knitwear demand. However, exports for January-September 2024 fell 2.47% to €13.43 billion due to sharp declines in the first quarter, according to Eurostat data. Knitwear exports dropped 5.04% to €7.93 billion, while woven garment exports rose 1.5% […]
A recent study reveals that Bangladesh is losing out on $5 billion in potential annual export revenue due to a lack of policies for recycling post-industrial textile waste, known as jhut. The report, “Regulatory Framework to Enable Recycling of Post-Industrial Waste (Jhut) for the RMG Industry in Bangladesh,” stresses the need for a circular economy […]
Ananta Group is poised to invest US$ 70 million in a new synthetic knit fabric manufacturing facility, supported by US$ 40 million from the Asian Development Bank (ADB) and syndicated arrangements. Despite challenges like dollar shortages for raw material imports and intermittent gas and electricity supply, the group aims to establish Ananta Knitwear Limited in […]
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 […]






















