report in Prothom Alo, Feb 19, 2023Bangladesh is ready to topple China as the top clothing exporter to the EU amid Beijing’s decreasing share in the ready-made garment (RMG) market, reported Nikkei Asia. Notably, in the wake of the conflict in Ukraine and other global geopolitical tensions, the supply chains are shifting and driving up orders to the densely populated South Asian nation. “A lot of work orders were shifted to Bangladesh from China because…
Posts tagged as “Garment”
by Shariful Islam in The Daily Star, Jan 27, 2023 10:30 AMReadymade garment manufacturer A Plus Sweater Ltd had sent an RMG consignment to Chattogram Port from its Gazipur factory on eight covered vans on October 29 last year for shipment to Brazil. Sweaters packed into 898 cartons reached Chattogram the following day. The buyer-nominated freight forwarder, APL, a foreign shipping line, received the consignment worth over $1.25 lakh and shipped it to Brazil. The…
report in Prothom Alo, Jan 5, 2023Chinese company SSH (BD) Sustainable Fashion Company Limited will invest US dollar 24 million in BEPZA economic zone at Mirsharai to set up a garment industry to manufacture different kinds of high-end garment products. The company will produce 36 million pieces of clothes per year, including jacket, blazer, suit, shirt, pant, trouser, jersey, t-shirt, shorts, swimming suit, Hudi and uniform, from the garment which will create jobs for 2,062…
By Chaminda Silva in The Island, Dec 28, 2022Around 15,000 garment workers employed in free trade zones would lose their jobs in 2023, Convener of the Free Trade Zone Workers’ Center, Gamini Ratnayake said. He said there were 148,000 garment workers in 14 free trade zones. It was likely that a number of other factories too would be closed down after new tax laws are implemented, he said. “Recently, one of the largest companies announced…