The Bangladeshi textile industry is seeking a refinancing facility to modernise or refurbish textile technologies in various segments like spinning, weaving, etc from the central bank of Bangladesh. Mohammad Ali Khokon, who is the President of the Bangladesh Textile Mills Association (BTMA),
US $1.22 billion in foreign direct investment (FDI) was received by the Bangladesh textile and garment industry and it was the topper among FDI received by various sectors in the country in fiscal 2023. According to Bangladesh Bank, the central bank of Bangladesh, the country received $3.2 billion as FDI in fiscal ending June 2023, […]
Bangladesh is the second biggest global garment exporter and shipped apparels totaling US $46.99 billion in previous fiscal and utilised its overall production capacity in doing so. But does it have spare capacity to handle orders diverted from China, under China Plus policy and the US ban on using China’s Xinjiang region cotton in clothing […]















