The situation in our garment industry and the remedy
September 5, 2010
Bangladesh is a country of huge potentiality. Lifestyle is growing here as fast as the developing world. Every man and woman is thinking about their future lifestyle. They also ponder the future of their beloved kids. In the capital Dhaka city, the cost of living is skyrocketing every year. Life has become tougher due to the continuous inflation of food, house rent, education and also healthcare services.
Textile university in city soon: Nahid
September 5, 2010
Education Minister Nurul Islam Nahid yesterday said Tejgaon Textile College will be turned into a university soon.
He said the bill of the university would be placed in the first week of next session of the parliament, which will start on September 20.
Cotton price spike to hit: RMG
September 5, 2010
Bangladesh ready-made garment (RMG) salesmen may have to re-price their imported fabrics if spiking prices for cotton continue in international markets, spinners said yesterday.
Cotton prices surged to a 15-year high yesterday on increased demand, fuelled by speculation of reduced supplies after crop damage in Pakistan, said A Matin Chowdhury, managing director of Malek Spinning Mills Ltd, a major importer of cotton.
Punjabi prices higher this year
August 21, 2010
The retail price of traditional punjabi – the first choice of Muslim males of all ages for the Eid festival – has increased sharply well ahead of Eid-ul-Fitr this year. Traders blamed higher production costs.
Industrial park for apparel units
August 18, 2010
THE reported move of the ministry of industry to set up an industrial park outside Dhaka next year exclusively for the apparel manufacturers would otherwise go well with the expectations of forward-looking stake-holders. The objective behind the move, according to the concerned officials, is to facilitate relocation of the existing garment units operating in Dhaka and its adjoining towns. The planned apparel park would be established at Bausia under Gazaria upazila of Munshiganj over a land area of 300 acres. Dhaka has already become an extremely overcrowded city. The operations of a large number of readymade garment (RMG) units within it is one of the reasons for it. About 3.0 million people are employed in such units and related backward linkage industries. Such workers and their dependents constitute nearly one-third of the city’s population. The proposed relocation, if implemented, would be a big step toward unburdening the city of a substantial load of population. It would help make it less crowded and reduce pressure on utility services such as power and water.
Bangladesh to participate in textile fair in Sweden
August 10, 2010
Bangladesh will participate in a two-day international textile and garment fair and one-to-one business meeting at the Swedish port city of Boras, reports BSS.
RMG workers block highway in Narayanganj
April 27, 2010
Garment workers on Monday blocked a section of Dhaka-Chittagong highway for nearly two hours demanding arrear wages, leaving hundreds of vehicles stranded. Read more
Textile mills refuse to reduce yarn price
April 27, 2010
The knitwear and the textile mills associations remain at loggerheads over the price of yarn following a meeting at the ministry of textile and jute. Read more
60 RMG day-care centres to be built
April 27, 2010
Bangladesh’s top association of knitwear manufacturers and exporters and German based garment retailer ‘Metro’ will jointly set up a 60 child day-care centre for garment workers. Read more
Business heroes honoured
April 21, 2010
An award is not just a trophy. It means recognition of innovations, an inspiration that will make some local businesses confident to compete with global giants. So said the winners of Bangladesh Business Awards 2009, given by The Daily Star and DHL Express yesterday. Read more