Refayet Ullah Mirdha

German retail giant Lidl will increase its garment purchase from Bangladesh by 20 percent in 2015 as the company thinks the country is still competitive for low prices.

A delegation from the Office of US Trade Representative or USTR yesterday reviewed Bangladesh's progress in workplace safety

Running a business in Bangladesh is far from easy. Entrepreneurs have to overcome several challenges and risks, and being a woman

The National Retail Federation (NRF), the world's largest retail trade association, has expressed satisfaction over improvements in

H&M will introduce a "fair wage method" in 20 garment factories in Bangladesh this year to help improve productivity and factory

Bangladesh is yet to approve the trade facilitation agreement or TFA adopted by the World Trade Organisation in 2013 to simplify customs procedures and lower trade cost.

Garment exports to Turkey, a promising destination for Bangladeshi apparel, fell 21.58 percent last fiscal year mainly due exorbitant

Bangladesh will remain the top garment sourcing destination for global retailers at least for the next five years, and buyers will continue increasing purchase from the country, McKinsey & Company said in a report.

With robust growth in the number of customers in the first year of operations, German-based online shopping company Kaymu plans to raise investment in Bangladesh, according to Christian Schroeder, co-founder and managing director for Kaymu Asia.

When the country is tackling the challenges of unemployment due to a lack of domestic and foreign investment in the industrial sector, the Bangladesh Economic Zones Authority (BEZA) has devised a plan to create jobs for around one crore people in the next 15 years.

A business team is now on a visit to the Indian state of Gujarat to select a garment warehousing site that will be constructed by

Capital machinery imports by the primary textile sector increased about 54 percent year-on-year in fiscal 2014-15 on the back of higher demand for raw materials from garment exporters.

Garment exports to China rose 26 percent year-on-year to $304.24 million in fiscal 2014-15 as demand for low-priced basic clothes is still high among middle-income customers.

Garment exports to Japan rose 14.02 percent to $652.55 million in fiscal 2014-15 partly due to relaxed rules of origin for Bangladeshi knitwear.

Cotton consumption in Bangladesh is set to increase 2.73 percent year-on-year to 5.65 million bales in fiscal 2015-16 on the back of higher demand from garment manufacturers, a US agency said in a report last week.

SWEDISH retail giant H&M is currently the largest buyer of apparel items from Bangladesh, sourcing garments from more than 250 factories in the country.

Exports of leather and leather goods crossed $1 billion for the second year in fiscal 2014-15, according to data from the Export

The commerce ministry is set to send a team to the US to further argue its case for reinstatement of generalised system of preferences

Planning Minister AHM Mustafa Kamal has vowed to push the government to set up a specialised bank for the garment industry to

The government will build a garment village in Chittagong, aiming to increase apparel exports to reach $50 billion by 2021, Commerce