The government formed the minimum wage board on Sunday to review the wages of the workers of the country’s ready-made garment (RMG). In this regard, t
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Textile manufacturers in the country asked for strict actions to stop the sale of illegally imported yarn, fabric, and clothing in the local market. I
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The textile millers of the country urged a temporary ban on the commercial import of cotton yarn used in the readymade garment (RMG) industry to retai
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The opening letters of credit (LCs) for imports decreased by almost $14 billion, or 23.45% year over year in the first eight months of the current FY2
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Bangladesh Bank (BB) has reset the ceiling of the loans in US dollars from the Export Development Fund (EDF) to manufacturers and exporters for input
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India-based international cotton exporter, Axita Cotton Ltd. has said that it has received an order worth $3.28 million from Bangladesh. The said orde
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The recent global economy is showing a major shift from the US dollar as the currency reserve and an increasing focus on bilateral currency swaps for
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Swedish fashion brand H&M Move has partnered with carbon capture company LanzaTech to create garments partly from captured emissions and infuse th
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The country’s average wage growth remained well below the inflation rate, for the 14th straight month, as per the Bangladesh Bureau of Statistic
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The global second-hand apparel market is set to nearly double by 2027, reaching $350 billion, according to the 2023 annual resale report released toda
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