Export

Bangladesh Apparel Exports Script History In January 2024

Textile Insights February 20, 2024

Bangladesh apparel exports scripted history by recording the highest ever exports in a single month in January 2024. Garment overseas shipments totaled US $ 4.97 billion, pretty close to $5 billion mark and reported an increase of 12.45 percent over January 2023. Of overall exports of clothing

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 […]

Industry

BGMEA President Faruque Hassan Joins Forces With Bharat Tex 2024

January 21, 2024

In a major development that is set to reshape the landscape of the textile sector, BGMEA (Bangladesh Garment Manufacturers and Exporters Association) President Faruque Hassan has announced a transformative partnership with Bharat Tex 2024, the largest global textile event in India. This collaboration signifies a strategic alliance aimed at driving innovation,

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

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 to pay a price that absorbs the increase in wages,” […]

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

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, […]