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BTMA has requested makers to not raise yarn prices
BTMA has advised its export-oriented yarn makers not to increase the prices of yarn any further. It has also been suggested that the PI should be held valid for 15 days instead of 7 days.
Bangladesh apparel export to USA suffers due to COVID
Bangladesh's apparel exports to the US sustained a negative growth of over 8% YoY and fetched $1.53 billion in January-March 2021, down from $1.67 billion in 2020. The exports from China and Vietnam saw positive growth.
Bangladesh garment factories face risk of labour unrest
538 manufacturing units face a risk of unrests due to lack of Eid-ul-Fitr festival allowance, wage payments, mass termination, etc. The government ordered owners to pay April wages and festival allowance by May 10, 2021.
Bangla blueprint for $50-bn export
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) drawn up an ambitious blueprint achieve $50 billion export earnings by 2021 from the apparel sector.
Trousers top Bangla’s RMG export list
Bangladesh’s total readymade garment (RMG) shipment touched $28.09 billion in the last fiscal, of which trousers topped the list of apparel exports item accounting for more than 22 per cent.
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