Can Fashion Go Green If Sales Keep Growing?
During July, FY2023, exports to the UK and Canada reached US$ 475.54 million and US$ 128.89 million, with a growth of 29.78 per cent and 14.78 per cent, respectively, on a year-on-year basis. At the same time, apparel exports to non-traditional markets also increased by 23.75 percent to reach US$ 674.82 million. Exports to major […]
Prothom Alo tried to contact BGMEA President Farooq Hasan on mobile phone several times over the past two days, but he did not respond. Prothom Alo also sent a WhatsApp message to the BGMEA President along with a copy of the Forum’s letters to the Ministry and he too did not respond. Sammilita Parishad, an […]
A decade has passed since Rana Plaza was razed. However, the renovation of the garment factories is not over yet. The work started slowing down after the alliances formed at the initiative of the European buyers left Bangladesh. Accord, a consortium formed at the initiative of the European buyers, left Bangladesh in June 2020. Since […]
Bangladesh Bank (BB) has approved Bangladeshi airlines and shipping companies to open foreign currency accounts, UNB reports. These shipping and airline companies are expanding their services abroad and earning foreign exchange. The central bank said in an announcement on Tuesday that companies can meet essential expenses from these accounts.
Speaking to BSS, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Director Mohiuddin Rubel said that overall Bangladeshi RMG goods export to EU market was good last year. But, the higher export trend of apparel items in EU market which was evident during January-June period last year could not be sustained during July-December period. “The main […]
The Bangladesh Garment Manufacturers and Exporters Association fears law and order could worsen as labor unrest erupts due to an “extraordinary” increase in gas prices and high inflation. The country’s largest apparel exporters group has advised the government to increase prices in a phased manner instead of imposing an abnormal cost hike in one go. […]
German supermarket chain Lidl said it “took the allegations very seriously”. It added that it “takes its responsibility to workers in Bangladesh and other countries where our suppliers produce very seriously and is committed to ensuring that core social standards are followed throughout the supply chain”. Primark said that due to the pandemic, “the incredibly […]
According to entrepreneurs, eco-friendly facilities typically cost 5 to 20 percent more than conventional facilities, but the benefits are long-term. Overall, green factories can reduce electricity consumption by 24 to 50 percent, water consumption by 40 percent, and carbon emissions by 33 to 39 percent. Many organizations around the world certify eco-friendly establishments. Among them, […]
However, multiple sources in BGMEA have confirmed two incidents of theft in 2019. The next year it increased to nine. There have been 22 such incidents in the first seven months of last year. At the same time, 20-25 thefts have taken place so far in the current year. This indicates an increase in the […]
