The garment makers' platform today urged Switzerland to extend duty-free access to Bangladeshi apparels for 10 years under the Everything but Arms scheme to ensure smooth transition of Bangladesh to a developing country

Garment makers today demanded creating an effective business-friendly environment and improving the ease of doing business to attract more investment in the country, especially in non-cotton or manmade fibre (MMF) based textiles.

Bangladesh is now playing a part in Qatar’s initiative of turning deserts into greenery, thanks to local firm which is exporting saplings.

Export earnings doubled year-on-year to $3.11 billion in May this year thanks to a rebound in garment shipment.

Myanmar’s deepening political crisis and India’s grave coronavirus situation are prompting international retailers and brands to divert work orders to Bangladesh because of its stability and milder-than-expected impacts of the second wave of the infections.

The customs houses will remain open to facilitate export and import activities during Eid holidays.

The government today asked the garment factory owners to clear the payments of workers’ salaries, bonuses and other dues by tomorrow so that the workers can enjoy the Eid-ul-Fitr.

Bangladesh needs to pay attention to explore new export destinations, including untapped markets in the Commonwealth of Independent States (CIS), Latin America and African regions, according to speakers at a webinar yesterday.

Earnings from merchandise exports surged as much as six times year-on-year to $3.13 billion in April thanks to a rebound in apparel shipment buoyed by the reopening of the economies in the US and Europe.

Despite uncertainty, international clothing brands are confident that Bangladesh will remain a major source of apparels in the coming months, according to a new study.

Textile and garment manufacturers and exporters yesterday demanded the government allow keeping factories open during the coming lockdown to help them offset the losses caused by the pandemic.

Chattogram-based Denim Expert’s managing director, Mostafiz Uddin, has been sending an open letter to some leaders in Europe, the UK and the US since February 26 urging reopening clothing stores to ensure sustainable supply chains in garment business.

Bangladesh is unlikely to reduce incentives on exports of jute goods, Commerce Minister Tipu Munshi said yesterday.

Bangladesh’s steel export, mainly semi-finished casting products, leaped 82.91 per cent year-on-year during the July-January period of the ongoing fiscal, interestingly coinciding with the ongoing pandemic-induced economic slowdown.

Earnings from merchandise exports fell 4.99 per cent year-on-year to $3.43 billion in January because of slower recovery of garment shipment from the pandemic-induced business slowdown, official data showed yesterday.

Bangladesh Commerce Minister Tipu Munshi today demanded that Pakistan withdraws the anti-dumping duty on export of hydrogen peroxide for greater bilateral trade between the two countries.

Bangladesh’s jute industry is passing exceptional times.

Merchandise shipment declined 0.36 per cent year-on-year to $19.23 billion in July-December 2020 as Bangladesh’s major export destinations continued to struggle to tame the rising coronavirus infections, official data showed.

Experts, including economists and business leaders, have suggested that Bangladesh sign free trade agreements with ASEAN countries to boost exports to the bloc.

The government has decided to send 1,475 tonnes of hilsa fish to India as a gesture of goodwill on the occasion of Durga Puja, an annual Hindu festival, and has already given the go-ahead to nine exporters to begin shipments from the next week.