Bangladesh Garment manufacturers exporters News readymade garments, T-shirts, Polo Shirts, Pant, Trousars, Shirt, Woven Items, Knited Items, Kids, Ladies, Mans Garmens

Export to EU marks 8.65pc growth in FY 2008-09

Admin — Tue, 29 Sep 2009 05:05:29 +0000

Export of Bangladeshi products to European Union (EU) witnessed an 8.65 per cent growth in the fiscal year 2008-09 ended in June. Country’s shipment to 26 out of total 27 EU member countries reached US$ 8.2 billion at the end of last fiscal year, which was US$ 7.6 billion in FY 2007-08, data revealed by the [...]

Labour leaders blame owners, govt inaction

Admin — Tue, 29 Sep 2009 04:49:02 +0000

Owners’ tendency to control workers using muscle power, especially engaging local politicians and jhoot (garment wastes) businessmen, and government’s indifferent attitude to solving problems of workers have caused the recent unrest in garment sector, said labour leaders. Unless trade union is established providing a table for both garment workers and owners to sit around and discuss [...]

RMG makers cautious on easing recession

Admin — Tue, 29 Sep 2009 04:37:32 +0000

Major apparel exporters are far from upbeat about shipments, although signs of recovery from recession appeared in western countries. They think exports of readymade garment (RMG), Bangladesh’s prime foreign exchange earner, will not soon benefit from this positive signs. Germany and France, Europe’s two biggest economies, have recently come out of recession, registering unexpected growth amid [...]

Dhaka to seek zero tariff benefit for export items

Admin — Tue, 29 Sep 2009 04:33:46 +0000

Bangladesh would negotiate in the Seventh WTO Ministerial Conference in Geneva to get the country’s major exportable products into the duty-free and quota-free categories announced by the developed nations. The developed countries in the Hong Kong Conference of 2005 had offered the least developed countries duty free access for 97 percent products despite the fact that [...]

BTMA wants review of stimulus

Admin — Mon, 28 Sep 2009 10:06:08 +0000

Like the readymade garment exporters the backward-linkage textile industry owners on Monday criticised the government for excluding the major export sector from the stimulus package, announced Sunday. At a press conference, leaders of the Bangladesh Textile Mills Association termed the stimulus ‘sabotage’ as they observed the package bypassed the demand of textile industry only to benefit [...]

Ministry against release of any fund from incentive package

Admin — Mon, 28 Sep 2009 09:59:05 +0000

The finance ministry is against the release of a single paisa from the proposed incentive package at the present moment, saying that additional financial assistance is not essential for the garment exporters. It has ruled out the need for additional fund for the exporters in the position paper which will be submitted to a taskforce meeting [...]

China jails Windows software pirates

Admin — Mon, 28 Sep 2009 09:51:30 +0000

A court in eastern China has sentenced four people to up to three-and-a-half years in prison for selling bootleg versions of Microsoft’s Windows XP software, court officials said Friday. State media described the case against Hong Lei, who created the ‘Tomato Garden’ version of Windows XP — and three others as the country’s biggest ever on [...]

Asian markets down as auto firms hit by US subsidy move

Admin — Mon, 28 Sep 2009 09:48:07 +0000

Asian shares fell Friday with auto makers in Tokyo leading the way after the United States said it was going to put an end to a popular car subsidy scheme next week. The Nikkei ended 1.40 per cent lower, with Hong Kong 0.64 per cent down and Sydney off two per cent. Washington said it was from [...]

Brazilian cotton growers to explore Bangladesh market

Admin — Mon, 28 Sep 2009 09:41:03 +0000

A five member delegation of AMPA – The Cotton Growers’ Association of Mato Grosso- Brazil, visited Dhaka last week to explore local market. During the visit, the delegation, led by AMPA president, Gilson Ferrucio, met members of the Bangladesh Textile Mills Association, industry stakeholders. They visited different spinning units at the outskirts of the city, including Square Group of Industries, Aegis Group, [...]

TCB to seek tax exemption on imports

Admin — Mon, 28 Sep 2009 09:11:01 +0000

State-owned Trading Corporation of Bangladesh is seeking exemption from paying value added tax and advance income-tax for import of goods for selling in the local retail market, official sources said. The exemption of the AIT will also be applicable for goods TCB will procure from local importers, the official added. ‘We are preparing a proposal for [...]