The outlook for Bangladesh’s apparel sector in the global market remains positive, with work orders expected to rise, sustaining growth momentum into 2025. Industry insiders have indicated that buyer confidence is recovering, leading to an expansion of sourcing activities in Bangladesh, which will help maintain this upward trend.
Official data shows that the European Union's apparel imports between January and December 2024 experienced a modest 1.53% increase in value, reaching $92.56 billion. However, a substantial 8.98% rise in import volume was accompanied by a 6.83% decline in average unit prices, exerting downward pressure on major sourcing countries, including Bangladesh.Price deflation pressures Bangladesh’s RMG industry
Indian BSNL announces telecom link with BD soon
Weeks after signing of an agreement by New Delhi and Dhaka on telecommunication links, Bharat Sanchar Nigam Limited (BSNL) on Saturday announced that work will start this week to operationalise the system.
“Information Technology Minister Ravi Shankar Prasad is likely to start work next week to link Akhaura with International Gateway for Internet Service (IGIS) at Cox’s Bazar (in southeast Bangladesh),” BSNL’s chief general manager (NE one circle) D. P. Singh told reporters on Saturday.
In the presence of visiting Indian Prime Minister Narendr...
In the presence of visiting Indian Prime Minister Narendr...
Food for Hungry makes lasting impact in Bangladesh
“Give a man a fish, and he’ll eat for a day. Teach him to fish, and he’ll eat for a lifetime.” That’s a philosophy Food for the Hungry follows in their various programs, and so far, they’ve been proven right.
In Dhaka, Bangladesh, a community called Dumni has been continuing the work started by FH five years ago, including various savings and care programs. Since 2010, when the community was graduated from the program, locals have been able to sustain and expand each program within the community.
Currently there are 43 ...
Currently there are 43 ...
India begins work on bridge linking ports in BD
India has started preliminary work, including making Detailed Project Report, to build a bridge over Feni river in Tripura to access Bangladeshi ports to carry goods and heavy machineries for the northeast region, an official said on Sunday.
“We have started preliminary work and making DPR (Detailed Project Report) to build the all-important bridge over Feni river,” Sunil Bhowmik, chief engineer, Tripura Public Works Department, told reporters.
“After preparing the DPR within two months, it would be submitted to Tripura’s industries...
“After preparing the DPR within two months, it would be submitted to Tripura’s industries...
