by TANVI_MUNJAL | Aug 27, 2024 | Garment, News & Insights
Gokaldas Exports, a leading Indian garment manufacturer, has announced it will indefinitely postpone plans to construct a new factory in Bangladesh. The decision comes in light of the ongoing political instability and violence that has gripped the country in recent...
by TANVI_MUNJAL | Nov 21, 2023 | Finance & Economy, News & Insights
Since the last week of October, Bangladesh has seen its 4.4 million-strong ready-made garment (RMG) sector workers demanding a significant increase in their minimum wages. The workers, who form one of the country’s largest labour forces, want their wages to be...
by TANVI_MUNJAL | Nov 16, 2023 | Finance & Economy, News & Insights
In a recent statement by the Bangladesh Garment Manufacturers and Exporters Association, it has been claimed that major Western fashion brands are not paying “ethical” prices for clothes made in Bangladesh. This comes amidst ongoing protests over wages...
by TANVI_MUNJAL | Nov 14, 2023 | Finance & Economy, News & Insights
In a concerning turn of events, Bangladesh’s garment manufacturers have decided to indefinitely shut down 150 factories amid growing tensions surrounding the demand for a higher minimum wage. This move comes as the police have issued blanket charges against...
by TANVI_MUNJAL | Nov 14, 2023 | Finance & Economy, News & Insights
In the bustling metropolises and rural towns of Bangladesh, millions of skilled hands toil in obscurity, weaving the fabric of the global fashion industry. These individuals work silently in the heart of garment factories, bearing the responsibility of producing the...
by TANVI_MUNJAL | Nov 10, 2023 | Finance & Economy, News & Insights
Bangladesh has announced an increase in the minimum monthly pay for its four million garment workers by 56.25 per cent, a decision that has been met with rejection by unions who are advocating for a near-tripling of the figure. The garment industry in Bangladesh is...
by TANVI_MUNJAL | Oct 23, 2023 | Events Updates, News & Insights
The 7th Bangladesh International Garment and Textile Machinery Expo (BIGTEX) is set to kick off on Thursday at the International Convention City Bashundhara in Dhaka. The highly anticipated event, organized by RedCarpet Global Limited, aims to bring together the...
by TANVI_MUNJAL | Oct 15, 2023 | Business & Policy, Leather, News & Insights
On Friday, October 13, 2023, the nation’s leather industry stakeholders collectively implored the government to undertake proactive measures to secure Leather Working Group (LWG) certification for factories. This certification would streamline the exporting of...
by Manali bhanushali | Jun 28, 2021 | Industry And Cluster, News & Insights
After shutting down all its state-owned jute mills for more than a year, Bangladesh is now in it’s final stage of shortlisting bidders who sought to operate once-vibrant factories under lease arrangements. Bangladesh Jute Mills Corporation (BJMC) that used to operate...
by Manali bhanushali | Jun 21, 2021 | Industry And Cluster, News & Insights
Following mass immunizations, the Covid-19 situation in the United States has stabilised. Several limitations have been lifted. People have also upped their buying. As a result, readymade garment exports to the United States have increased from a variety of countries....
by Manali bhanushali | Jun 19, 2021 | Industry And Cluster, News & Insights
Bangladesh has joined India and Brazil in reviving the global cotton trade. Cotton exports are increasing for the three major exporters: India, Brazil, and the United States. The US projection calls for greater exports, while inventories are expected to be at their...
by Manali bhanushali | Jun 10, 2021 | Industry And Cluster, News & Insights
International demand has resulted in record growth for exports in May, with a rebound in readymade garment (RMG) shipments and notable increases in leather and leather goods exports. Bangladesh’s exports totaled $35.2 billion in the first 11 months of the fiscal...
