Bangladesh wants to be a high-productivity apparel manufacturing hub with the assurance of top facilities and incentives. Here is Apparel Resources’ take on weighing the mega project – Mirsarai Economic Zone.
Trade Data
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Top loan defaulters in Bangladesh: Suspicions are, majority of the bad loans might have been lost in capital flight. Bangladesh’s apparel industry, especially the fast fashion at the supply side, remains at the verge of hitting a bump.
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BGMEA President Siddiqur Rahman on Monday claimed that the ongoing students’ protest is causing serious problems to the garment manufacturers.
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Readymade Garment Industry - The three per cent increase in Corporate Tax in the Budget for the financial year 2018-19 has left the apparel makers a worried lot.
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With Bangladesh heading towards general elections soon, there are apprehensions as to its effects on the garment sector.
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Lack of GSP has hit apparel exports from Bangladesh; Germany and other European markets emerge strongly as probable substitutes.
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Industry sees new growth opportunity after China cuts tariff on imports from Bangladesh
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The ‘market access’ issue is impacting the textile trade of India, which has the second-largest integrated textile industry in the world, second to China.
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Bangladesh’s apparel manufacturers have taken an optimistic grand strategy to expand into a US $ 50 billion industry by 2021.