Industry

Clothing Brands Commit To Hike Rates To Offset Wage Increase

Textile Insights December 29, 2023

Several global clothing brands have formally committed to increasing rates for their Bangladeshi garment suppliers to offset the hike in worker wages which comes into effect from January 1. “It’s quite encouraging that we have received formal letters from a few brands confirming their position

Sustainability

BGMEA Partners On Creating Circular Textile Economy

Textile Insights September 5, 2023

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Circle Economy are collaborating to help Bangladesh’s textile and garment sector’s transition towards a circular economy. The partnership will result in better coordination for sharing expertise, disseminating knowledge and sharing expertise, which will be benefit BGMEA members and help them

Corporates

Uzbek Textile Association Delegation Visits BGMEA To Explore Trade Opportunities

Textile Insights August 6, 2023

A delegation representing the Uzbekistan Textile and Garment Industry Association (UZTEXTILEPROM) visited the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on August 1 to discuss potential avenues for collaboration in the apparel and textile sector. The meeting, held at BGMEA headquarters, was attended by prominent members of both organizations,

Export

Australia Assures Bangladesh of Duty Free Status Post LDC

Textile Insights July 25, 2023

Tim Ayres, Australia’s Assistant Trade Minister gave an assurance that duty free access for Bangladeshi garments would continue, even after the country loses the perks of its least developed country (LDC) status in 2026. The Minister said this while meeting a delegation of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Bangladesh’s high

Sustainability

Green Power To Help Garment Units Become Energy Efficient

Textile Insights July 19, 2023

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Green Power Limited signed a memorandum of understanding (MoU) to support garment factories in becoming more energy efficient with green and clean sources of energy. BGMEA President Faruque Hassan and Managing Director of Green Power Shaikh Ehsanul Habib inked the MoU on behalf of their respective

Export

Bangla Garment Exports Rise 5.44% in Jan-May 2023

Textile Insights June 28, 2023

Bangladesh garment exports in the first five months of 2023 rose 5.44 percent year on year to touch US $19.63 billion. However, clothing shipments to EU grew slower at 2.98 percent from a year ago, during the same period and reached $9.71 billion. “While exports to Italy, Spain and France grew at a faster pace, […]

Fibre

BGMEA President Invites Indian Investments In MMF Sector

Textile Insights June 26, 2023

President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan invited investors from India and other Asian countries to explore opportunities in the manmade fibre industry. Faruque Hassan said the Bangladesh textile industry does not produce enough manmade fibres like spandex, rayon, viscose, etc and there is also a shortfall of 60