South Asian neighbours India and Bangladesh are experiencing heightened trade tensions following recent retaliatory measures, according to a report by BBC.
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Liz Hershfield, a well-known authority on global supply chain strategy and sustainable fashion, has been named the new Executive Director of Cotton Council International (CCI), the National Cotton Council of America's (NCC) export promotion division.
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Following recent worker protests, the management of two garment companies in Gazipur, MM Knitwear and Mamun Knitwear Limited, has decided to permanently close them.
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The planned rationing system, which follows the Labour Reform Commission's recommendations, might soon help Bangladesh's garment workers, many of whom experience financial difficulties at the beginning of each month as a result of delayed wages.
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Trade Data
Chittagong Port’s manual GCB sets new record in container handling, surpasses modern terminals
Outperforming some of the port's more contemporary container terminals, Chittagong Port's General Cargo Berth (GCB) has accomplished a noteworthy milestone in container handling while using manual procedures and having a restricted infrastructure.
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Manufacturing
Govt fast-tracks US $ 48 million Chinese economic zone in Chittagong to attract Chinese investment
With an estimated cost of Taka 4,056 crore (about US $ 48 million), the Bangladeshi government is moving quickly to create an 800-acre Chinese Economic Zone in Anwara, Chittagong.
