The Government is being urged by representatives of Bangladesh's textile spinning mills and the global cotton community to set up specialised cotton warehousing facilities in order to solve issues with lead times and price swings.
Manufacturing News
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Md. Raihan Kabir has reportedly been promoted by Apex Footwear Ltd. to the role of Assistant General Manager and Head of Marketing for its domestic operations.
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In a bid to revitalise the textile industry, Commerce Adviser Sheikh Bashiruddin announced that the Government is eager to lease out approximately 45 to 50 closed mills belonging to the Bangladesh Jute Mills Corporation (BJMC) and Bangladesh Textile Mills Corporation (BTMC) to entrepreneurs.
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A commission examining the business and labour conditions in Beximco Industrial Park has made the startling discovery that 16 factories that do not exist were the subject of Taka 12,000 crore in loans.
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Manufacturing
Garmon Chemicals and Zaitex forge strategic alliance to enhance denim and garment sector offerings
Kemin Industries' textile auxiliaries company, Garmon Chemicals, has established a strategic alliance with Zaitex, a well-known international supplier that specialises in customised R&D and innovation for the textile sector.
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There was no agreement reached by a governmental advisory council yesterday about the possible sale of 16 Beximco Group textile and apparel facilities, according to reports.
