What does Trump 2.0 mean for businesses in Bangladesh?
For local business communities, Donald Trump’s victory in the presidential race has been shorthand for the expectation that Western apparel orders and some foreign investments would shift to Bangladesh, with global fashion powerhouse China possibly facing higher import tariffs from the US.
6 November 2024, 18:00 PM
Why RMG exporters chose Maldives shipping route
Bypassing the traditional air shipment routes through India or Bangladesh, garment exporters have found the Maldives to be a cheaper as well as faster route.
4 November 2024, 18:00 PM
Denim demand rebounds gradually: experts
The demand outlook for locally made denim garments is gradually improving as Western economies rebound, local and foreign businessmen said yesterday.
4 November 2024, 18:00 PM
Garment exporters prefer cheaper Maldives, bypassing Dhaka, Indian airports
Exporters say the traditional air shipment routes through Dhaka, Kolkata, Colombo or Singapore had either become too expensive or too slow
4 November 2024, 06:50 AM
US election: What is at stake for Bangladesh’s exports
As millions of Americans head to the polls on November 5 to vote for either Democratic Vice President Kamala Harris or her Republican rival Donald Trump, apparel business communities in Bangladesh, more than 13,119 kilometres away from Washington, will be watching the results of the presidential election closely.
2 November 2024, 18:00 PM
Bangladesh losing out to Pakistan in home textile exports
Bangladesh has been struggling to recover lost work orders in the home textile segment, a significant volume of which shifted to Pakistan nearly two years ago.
27 October 2024, 18:00 PM
A trailblazer for women in business
Her dream was to enrol in Chattogram University or another reputed institution, but she could not even sit for the admission test as her father fell ill in 1994.
26 October 2024, 18:00 PM
Awarding the private sector heroes
Bangladesh is an inspiring story of economic growth and development. The country became the 35th largest economy globally from almost scratch since its independence in 1971.
26 October 2024, 18:00 PM
How political shifts can make or break business
Local conglomerates have been growing hand in hand with the economy since independence in 1971, but few have managed to navigate the changing tides over the years.
25 October 2024, 18:00 PM
Meeting $100b garment export target by 2030 tough, but feasible
Bangladesh’s ambitious $100 billion garment export target by 2030 is currently facing a number of challenges both at home and abroad, but local manufacturers and business leaders are still optimistic about achieving the goal.
24 October 2024, 18:00 PM
Holding fair elections top priority
Creating an environment for free, fair and credible elections is the first priority of the newly appointed administrator of the country’s largest trade body, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
21 October 2024, 18:00 PM
Unrest erodes Bangladesh’s RMG edge over rivals
Garment exports by Bangladesh’s market rivals like India, Vietnam, China and Cambodia have increased to major Western markets due mainly to the latest spell of labour unrest and political changeover earlier in August in the country.
21 October 2024, 18:00 PM
RMG work orders returning as labour unrest subsides
After more than a month of disruption due to the political changeover and subsequent labour unrest in major industrial belts, international apparel retailers and brands are returning to Bangladesh with work orders for upcoming seasons.
19 October 2024, 18:00 PM
Uncertainty shrouds business recovery
The uphill battle to restore confidence among the business community is progressing slowly as the Prof Muhammad Yunus-led interim government marks its second month in office.
7 October 2024, 18:00 PM
Progress slow in signing preferential trade deals with trading partners
There has been little progress regarding the signing of preferential trade deals by Bangladesh with major trading partners amidst the change in government following the anti-discrimination movement in July.
28 September 2024, 18:00 PM
Apparel exporters go into overdrive to meet deadlines
Garment exporters have gone into manufacturing overdrive to recover from continual production disruptions over the past three months due to nationwide protests and curfews, the fallout from the ouster of the previous government, and the recent spell of labour unrest at major industrial belts.
26 September 2024, 18:00 PM
Unrest emerges as a new threat to RMG recovery
The number of apparel work orders received by Bangladeshi companies from international retailers and brands for the autumn and winter seasons of 2025 dropped by nearly 10 percent compared to the past due to major shocks from the nationwide student movement and labour unrest in major industrial belts over the past two and half months.
20 September 2024, 18:00 PM
Bangladesh not exporting hilsa to India this year
Bangladesh will not export hilsa fish to India on the occasion of Durga Puja in October, according to a top commerce ministry official, discontinuing a long-standing tradition of the country as a “goodwill gesture” to its neighbour.
19 September 2024, 18:00 PM
American trade platforms demand reforms to protect labour rights
The American Apparel & Footwear Association (AAFA) and Fair Labor Association (FLA) have urged the interim government of Bangladesh to take critical and long-lasting steps towards reforms for furthering worker rights of international standards. .The AAFA is an American trade association re
18 September 2024, 18:01 PM
30 RMG factories still closed
A total of 30 garment factories in different industrial zones across Bangladesh, especially Ashulia, stayed closed yesterday as safety concerns remained following the recent unrest.
18 September 2024, 18:00 PM