The workers of Beka Garments and Textiles of Adamji EPZ are protesting by blocking the road, demanding wages in the area of Chasara Narayanganj. On Wednesday (April 27) afternoon, they blocked one side of Bangabandhu Road in front of Narayanganj Press Club.
During this period, the workers demanded that their dues be explained in time. The workers said that at least 8 to 900 workers work in Beka Garments and Textiles, located in the Adamji EPZ area of Siddirganj. Some of them have two months' salary pending, and some have three months' salary pending.
Beka Garments and Texti...
Commerce Minister Tofail Ahmed today said the government will not extend the staying period of Accord and Alliance after their tenures are expired.
Staying period of Accord, a platform of mainly European retailers, ends today (May 31) while
tenure of Alliance, another platform of North American brands, will come to an end in July 2018, reports BSS.
“We’ll not extend their staying period in Bangladesh. After the end of their tenures, they will get six months to wrap up their operations,” said Tofail ...
Fast fashion is at risk of hitting a speed bump if a looming crisis sweeps through Bangladesh’s banking sector.
Financial institutions in the south Asian nation face a credit crunch following mass deposit withdrawals in March and soaring levels of non-performing loans.
Analysts and investors fear a full-blown crisis could spill over into Bangladesh’s strongest link to the global economy — the production of textiles and ready-made garments for fast fashion brands and retailers such as H&M, American Eagle Outfitters, Zara, Walmart and Target.
“Although the loan book composition across commercial banks in Bangladesh tends to vary
Bangladesh, which grows about 180,000 bales (1 bale=218 kgs) of cotton in a year or 1 per cent of the annual demand, now aims to grow I million cotton bales by 2025. The country is now the biggest importer of cotton in the world and spends more than $3 billion on cotton imports annually, of which, India meets 50 per cent of the current cotton demand.
Speaking at a press conference, Mehdi Ali, general secretary of Bangladesh Cotton Association
(BCA) said, “We have targeted to meet 10 per cent of our yearly demand from domes...
Bangladesh textile seminar that will kick off from February 16 will focus on sustainability in the textile industry. The two-day programme will analyse the Bangladesh textile industry to undertake various corporate social responsibilities. The summit is a platform to connect with textile industry peers, existing customers and potential clients.
The conference aims at analysing the Bangladesh textile industry in order to get a better understanding of its textile market and avoid the risks while finding opportunities.
A top advisor to the Bangladeshi prime minster has suggested that the Bangladesh apparel export industry should explore new markets, rather than just concentrating on exporting to the US and the EU. Dr Gowher Rizvi, international affairs adviser to the prime minister observed this while speaking at the ‘BIDS Research Almanac 2016’ held in Dhaka.
A leading Bangladeshi daily quoted Dr Rizvi as saying that exploring new regions and countries like Eastern Europe, Central Europe, Africa and Turkey, would accelerate growth and human ...