Bangladesh Garment manufacturers exporters News readymade garments, T-shirts, Polo Shirts, Pant, Trousars, Shirt, Woven Items, Knited Items, Kids, Ladies, Mans Garmens

Mr. Kutubuddin Ahmed, Director, KBCCI and Chairman, Envoy Group will perform as the acting president of Korea Bangladesh Chamber of Commerce and Industry (KBCCI).

Among the European Union (EU) countries, Germany alone has become a rising market for Bangladesh’s readymade garments (RMG) in recent years, next to the largest market in USA, according to apparel exporters.

Unruly garment workers clashed with law enforcers in Chittagong, Dhaka and Narayanganj out of grievances over wage yesterday leaving at least four people dead and 200 others injured.

The new US ambassador says he wants to first sign trade and investment cooperation forum agreement to bolster economic ties with Bangladesh.

The country’s apparel sector trade body leader has urged the European Union (EU) not to allow any duty-free access or GSP facility to Pakistan as it is a developing country.

The Indian prime minister has announced to provide duty-free market access to 46 textile items from Bangladesh to the Indian market.

The contribution of readymade garment (RMG) to the national export increases with the rebound of orders from international buyers following a recovery in the global economy, according to trade data of the Export Promotion Bureau.

Garment makers yesterday demanded gas and electricity connections to new factories to help them start production soon.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is expecting a greater number of global buyers at the Batexpo-2011 beginning on December 10.

Bangladesh’s textile and clothing (TC) industry may not be able to exploit its growth potential in exports, in the years to come, as it faces production constraints, industry insiders told The Independent yesterday.

After achieving a phenomenal growth in exporting jute goods in the last fiscal year (FY), Bangladesh may not fulfil the export target of those goods in the current FY (2011-12) due to political upheaval and recession in many countries, industry insiders said.

The ongoing lean period for the country’s readymade garment (RMG) exports is likely to prolong because of external factors, including a rise in the prices of cotton, fabric and fuel and lack of internal policy supports, feared industry insiders on Monday.

The 22nd Bangladesh Apparel and Textile Exposition (Batexpo-2011), the country’s largest apparel show, begins today in Dhaka, with a high hope to draw larger number of foreign buyers despite the global economic crisis.

Asian Development Bank (ADB) has forecast 7 per cent growth in Bangladesh’s gross domestic product (GDP) in the current fiscal year 2011-12, up from 6.7 percent a year earlier.

Export of apparel garments from Bangladesh to Japan has witnessed a significant boost in the first nine months of the current fiscal year, indicating that brighter days are ahead.

Local garment makers and foreign buyers yesterday called for better infrastructure to help Bangladesh maintain its growth trajectory in the world apparel business.

Foreign Minister Dipu Moni has urged the Jordan government to hire more workers from Bangladesh, who can effectively contribute to the economic development of Jordan.

Japanese company Yagi and Co Ltd has expressed its eagerness about setting up state of the art technology-based readymade garments industry in Bangladesh.

Prime Minister Sheikh Hasina yesterday urged the garment entrepreneurs to ensure welfare of the workers by improving their living standards.

The earning from garment sector may be taken up to US$ 30-35 billion in the next 4-5 years by ensuring power, infrastructure and port facilities, and maintaining law and order situation, said FBCCI President A K Azad.

India has finally given Bangladesh an opportunity to reduce the widening trade deficit (over $4.5 billion) by allowing it duty-free market access for 46 apparel products.

The Department of Environment (DoE) has realised over Tk 16 crore in fine and seized over 12,000 tonnes of construction materials from 350 different business entities in last one year.

Garment makers yesterday welcomed the zero-tariff benefits that India extended to 46 Bangladeshi clothing items, saying exports would rise if there were no non-tariff barriers.

Bangladeshi Readymade Garment (RMG) makers are taking part in FATEX, a three-day worldwide event for apparel manufacturing contractors and sub- contractors, began in Paris on Sunday.