The Middle East conflict has resulted in a backlog of planes in Bangladesh and other South Asian countries

Clothing shipments from Zara owner Inditex and other major clothing retailers are stranded at airports in Bangladesh and India, according to three manufacturers, as the conflict in the Middle East has forced airlines such as Emirates and Qatar Airways to cancel flights. South Asia is a powerhouse of textile manufacturing and fast fashion brands around […]

Bangladesh questioned at US hearing on RMG exports: Labor rights, efficiency and wages under scrutiny

One of the USITC commissioners asked whether the average work efficiency and production power of Bangladeshi workers was higher than that of Cambodia. He asked whether workers could produce comparatively more products despite having lower wages than Cambodian workers. Farooq Hasan replied, “It is not possible for me to say whether Bangladeshi workers are more […]

RMG Sector: $2.44 billion decline in US exports raises hopes of summer orders

Sheikh HM Mustafiz, managing director of Cute Dress Industries, informed Prothom Alo that purchase orders from the United States are increasing along with an increase in orders from Canada and South America. Last year, demand for readymade garments declined, leading to fewer purchase orders due to high stocks of goods in various US warehouses. However, […]

Government’s decision to cut export incentives raises concerns in Bangladesh

Exporters say the global economy is going through stress due to the coronavirus pandemic, followed by the Russia-Ukraine war and the Hamas-Israel war. Demand for various products including readymade garments has decreased. In these difficult times, the size of the Export Development Fund (EDF) was reduced last year. The cost of business is continuously increasing. […]