Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
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 Ambassador to Saudi Arabia Mohammad Javed Patwari and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Farooq Hasan also spoke on the occasion. The program was presided over by AHM Ahsan, Vice Chairman, Export Promotion Bureau (EPB). Describing Saudi Arabia as a reliable friend of Bangladesh, Tipu said that Saudi Arabia is also a […]
Hatem, executive president of BKMEA, who attended the meeting, said, “So far, we have not received any complaint from our buyers that Bangladeshi companies are producing and exporting garments with copycat logos of famous brands. ” Hatem said the US trade body had made allegations against some countries, including Bangladesh, last year. Bangladesh is the […]
The gas tariff was increased on 18 January. Prime Minister Sheikh Hasina told the national parliament the same day, “If they (businessmen) want uninterrupted gas supply, they will have to pay the price at which the government is buying gas. There is no point in giving subsidies.” Disappointment prevailed among the business leaders after the […]
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. […]
The delegation included Primark Chief Executive Officer (CEO) Paul Merchant, ABF’s Director of Legal Services and Company Secretary Paul Lister, its Group Corporate Responsibility Director Katherine Stewart, Group Product Director of Primark Steve Lawton, Group Director of Planning and Space John Rolls were. , Primark’s head of policy and public affairs Emma Ormond, its head […]
BGMEA seeks support of buyers Citing high gas, electricity and production costs, the BGMEA sent a letter to foreign buyers and brands seeking assistance. A group of apparel exporters has asked them to relax the conditions for buying clothes and other items from specific companies in their orders. The gas price was last week fixed […]
The delegation included Martin Raiser, Vice President, South Asia Region, Abdoulaye Sek, Country Director for Bangladesh and Bhutan; Dandan Chen, Operations Manager for Bangladesh and Bhutan; Yutaka Yoshino, Chief Economist, Martin Holtmann, Country Manager, IFC Bangladesh; Elena Karban, Manager, External Communications; Barbara Weber, Senior Operations Officer, Office of Country Directors; and Mahreen Mahboob, senior foreign […]
The Energy and Mineral Resources Division said in a statement that the government decided to increase gas prices as it would need to buy LNG from the spot market at a higher price. Prime Minister Sheikh Hasina defended the decision to end subsidies for the energy sector in parliament on Wednesday, saying industries will have […]
Mohammad Hatem, president of the Bangladesh Knitwear Manufacturers and Exporters Association, said the government had promised not to raise electricity prices for industries. “But if the price increases for us, the cost of production will go up and add to the current crisis.” At Sunday’s hearing, Professor Shamsul Alam, energy advisor to the Consumers Association […]
Noting that the export industry is passing through a difficult phase, he said, “Nevertheless, the surprising success in November was due to rising raw material prices, high-end apparel production and increased exports to new markets such as Korea, the Middle East and Milli. India.” Bangladesh Chamber of Commerce President Anwar-ul Alam Chowdhury said Bangladesh’s exports […]
