Corporates

Ha-Meem Signs Major 16.9 MWp Solar Project To Cut Industry Emissions

Textile Insights November 10, 2025

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

Industry

BTMA Seeks Urgent Policy Reversal To Avert Textile Sector Crisis

Textile Insights July 10, 2025

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

Industry

Inditex To Fund University Education For 50 Female Textile Workers In Bangladesh

Textile Insights April 14, 2025

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 […]

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. […]

Export

Bangladesh’s Apparel Exports To EU Witness Mixed Trends In 2024

Textile Insights December 5, 2024

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% […]

Industry

Textile Waste Mismanagement Costs Bangladesh Billions

Textile Insights August 28, 2024

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 […]

Corporates

Ananta Group Invests US$ 70M In Bangladesh Knit Fabric Facility

June 25, 2024

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 […]

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 […]

Economy

Bangladesh Has Potential To Become Asian Tiger: US Envoy

Textile Insights May 13, 2024

US Ambassador to Bangladesh Peter Haas has stressed the necessity for Bangladesh to take bold steps in order to prosper as a country, but also added that Bangladesh has potential to become an Asian Tiger. “In order to become prosperous, Bangladesh must then take bold steps to expand economic, political, and legal freedoms for its […]

Industry

Investment In Bangladesh Textile Industry Slows Down

Textile Insights May 8, 2024

The investment in the Bangladesh spinning and weaving industry has slowed down because of gas shortage and for volatile dollar markets over the last two years. Many of the spinning mills have been running their production at 50 percent capacity because of the gas crisis in the industrial sector. Last year, no new spinning or […]