In order to build a garment manufacturing facility in Bangladesh, the Chinese company Ding Yu (BD) Enterprise Ltd. has announced plans to invest US$28.92 million in the BEPZA Economic Zone (BEPZA EZ).
Manufacturing News
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FM Bangladesh and JACK unveiled their latest sewing machines, the Urus C7 and AMH, at a launch event held at a local hotel in Chittagong, as per reports.
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Centro Tex Ltd., the top producer of fashion clothing in Bangladesh, has established a strategic partnership with Synergy Corporation, which is well-known for its proficiency in control systems for the textile sector
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Due to an increasing labour scarcity in Russia, Gloria Jeans, the country's biggest apparel maker, is considering the possibility of shifting some of its production activities abroad.
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To perform necessary maintenance and enable the test commissioning of a nearby power facility, the Payra thermal power plant in Kalapara upazila of Patuakhali has temporarily suspended operations.
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Square Textiles PLC showcased the financial results for the year ended 30th June 2024, during its 29th Annual General Meeting held virtually on 18th December 2024, as per reports.