News in the Media

BKMEA stresses inclusive policy for knit sector dev

Published in the The Financial Express on October 6, 2017 FE Report An inclusive and equality-based based policy is essential for the further development of the country’s knitwear sector, BKMEA leaders said Friday. They also said dialogue with all stakeholders of the sector is crucial to identifying and providing solution to the challenges. Leaders of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) ...

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Ctg Port yet to reap full benefit of 24/7 service

Published in the Daily Star on September 24, 2017 Chittagong Port users yesterday urged all stakeholders to play their due role as the recent initiative to keep the seaport functioning round-the-clock is failing to yield full benefit. They said some government and private organisations are not remaining open on weekends as decided in July this year when the 24/7 service ...

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RMG shine to stay

Published in the Daily Star on 21, September 2017 Bangladesh will remain the apparel sourcing hotspot for international retailers and brands over the next five years because of competitive prices and China’s declining market share in garment business, says a global survey. McKinsey & Company, the world’s most prestigious management consultancy firm, prepared the biennial survey based on interviews of ...

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Global rights groups urge brands to sign up for second Accord

Published in the Daily Star on 17, September 2017 Two global rights groups, Industri-ALL and UNI Global Union, have asked the Western clothing brands to hasten the signing of the second Accord agreement as the response from potential signatories is still lukewarm. The 2018 Bangladesh Accord, which will cover more than 1,160 garment factories, was announced by the global unions ...

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U.S. Apparel Imports Drop for Second Consecutive Month

Published in the Sourcing Journal  U.S. apparel imports fell in July for the second straight month, once again swimming against the tide of overall imports, which increased by more than 5 percent in the month. Stubborn price deflation and shifting consumer tastes in favor of experiences like travel and dining over shopping, have been pressuring demand despite healthy job growth and ...

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Exporters now struggle with air shipments too

Published in the Daily Star on 29, August 2017 Exporters are facing serious challenges in making shipments from the Hazrat Shahjalal International Airport as many airlines have slashed their cargo transport capacity. For instance, Etihad Airways reduced the number of its cargo flights in a week from six to three, and Oman Air, which used to transport 120 tonnes of ...

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BGMEA plans to form platform like Accord, Alliance

Published in the Daily Star on 17, August 2017 Local garment makers have proposed the formation of a factory inspection and remediation agency similar to foreign agencies Accord and Alliance to strengthen workplace safety in the apparel sector. Once registered under relevant laws, the platform, to be called ‘Shonman’ (respect), would be run under the guidance of an ombudsman chosen ...

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Buyers sever ties with 12 more RMG factories

Published in the New Age on 15, August 2017 The western fashion brands and retailers have announced to cut business relations with 12 more readymade garment factories in Bangladesh, taking the total number to 248 as the factories failed to implement workplace safety measures suggested by the two separate platform of buyers. Accord on Fire and Building Safety in Bangladesh, ...

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