A recent global report titled ‘A Broken Partnership: How Clothing Brands Exploit Suppliers and Harm Workers – And What Can Be Done About It’ has shed light on the exploitative purchasing practices of global apparel brands affecting Bangladeshi manufacturers in the readymade garment sector. The report, published by the Center... The post Broken partnership between suppliers and brands needs healing to stop unfair buying practices appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

To fulfill the rising demand for its products, Shasha Denims Ltd would invest nearly Tk155 crore to increase its production capacity. At its plot at the Dhaka Export Processing Zone (DEPZ), the company would set up 105 weaving machines. The new initiative is anticipated to increase the company’s annual revenue... The post Shasha Denims to invest Tk155cr for weaving capacity expansion appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) announced on April 14 that, three additional garment factories have been added to the list of green factories in the country, bringing the total to 195. The US Green Building Council (USGBC) Energy and Environmental Design (LEED) Green Factory certification is awarded... The post Three new factories recognized as green by USGBC appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to provide subsidized rates for the import of solar photovoltaic (PV) systems for the industry. Currently, the tariff for such imports stands at 36%, but the BGMEA is requesting a reduction to just 1%. In a letter addressed... The post BGMEA requests lowering solar PV system taxes appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

According to reports, Japan has proposed the establishment of an industrial hub in Bangladesh, which will involve the development of a port and transportation infrastructure in the region. It comes when Japanese Prime Minister Fumio Kishida visited India last month in which he touted the idea of a new industrial... The post Japan to establish industrial hub in BD appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

Scientists have developed a new synthetic fabric that is lighter and warmer than cotton, inspired by the fur of polar bears. The fabric, which is 30% lighter than cotton, could revolutionize the clothing industry and have a significant impact on reducing energy consumption. The research team at the Massachusetts Institute... The post Scientists develop synthetic fabric 30% lighter than cotton appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

The Garment Manufacturers Exporters Association (BGMEA) has sent a letter to the Finance Ministry requesting a duty concession on the import of solar PV system equipment for the readymade garments industry. BGMEA President Faruque Hasan send the letter on 13th April, highlighting the vital role that the garment sector plays... The post BGMEA seeking duty allowance on solar PV system equipments appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

According to recent reports from the Asian Development Bank (ADB), the gross domestic product (GDP) growth of Bangladesh is expected to decelerate to 5.3% in 2023 amid global economic disruption. Also, the World Bank projected the growth of Bangladesh’s Gross Domestic Product (GDP) is expected to slow down to 5.2%,... The post Bangladesh’s GDP growth to decelerate by 5.3% in 2023: ADB appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

Recently, the government announced the names of 44 businesses as commercially important persons (industry) for their contribution to the country’s overall economy through setting up industries, creating employment and increasing national income in 2021. Where, 17 textile and apparel entrepreneurs receive commercially important persons (CIP) cards for their commendable performance... The post 17 leaders from textile and apparel receive CIP status in 2021 appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested the European Union to extend the trade facility under the GSP scheme for another six years instead of three years. BGMEA President Faruque Hassan made this request in a meeting held with Member of European Parliament Valérie Hayer at BGMEA Complex... The post BGMEA requests EU to extend GSP facilities appeared first on Textile News, Apparel News, RMG News, Fashion Trends ..read more