The government would provide policy support to garment accessories and packaging manufacturers to help the sub-sector grow parallel to the apparel industry, one of the mainstays of the country’s economy. State minister for finance MA Mannan gave the assurance while inaugurating a project titled Bangladesh INSPIRED (Integrated Support to Poverty and Inequality Reduction through Enterprise Development), funded by the Bangladesh government and the European Union, which aims to develop SMEs in th

Garment makers plan to use locally-assembled steel structure for relocating their faulty factories to purpose-made buildings, which may propel growth in the steel building industry. “We will set up the factories with support from local steel building makers,” said Shahidullah Azim, vice president of Bangladesh Garment Manufacturers and Exporters Association. Factory owners will import necessary raw materials, and steel building makers will set up the factories, if the government waives dut

Engineers of 26 US retailers and brands under the Alliance for Bangladesh Worker Safety have so far closed down one factory in Chittagong, a year after the Rana Plaza collapse killed 1,138 people. The platform has suggested the review panel close down five more garment factories. The Alliance that started with seven teams on March 12 inspected 508 out of the 626 factories in Dhaka and Chittagong. “We are at the final stages of our inspection,” said Rabin Mesbah, managing director of the

The United States imported textiles and apparel worth US$ 24.84 billion in the first three months of 2014, registering an increase of 3.2 percent over imports of $24.069 billion made in the corresponding quarter of last year, according to the latest Major Shippers Report, released by the U.S. Department of Commerce. The US imported $8.799 billion worth of textiles and garments from China, which accounted for 39.54 percent share of all textile and garment imports made by the US in January-Marc

The government is all set to announce new textile policy (2014-19) on June 30 with maximum incentives for the value-added textile sector, envisaging textile exports of over $26 billion in the next five years, said Federal Minister for Textile Industry Abbas Khan Afridi "The textile ministry has proposed major incentives for the value-added textile sector, including giving 6 percent subsidy on the import of textile machinery and reducing the interest rate to 8 percent against current 12 perce

At least 12 readymade garment factories out of 252 inspected by the experts of Bangladesh University of Engineering and Technology may face closure as severe structural faults were found in those units. The BUET experts said they had found structural flaws in 25 per cent of their inspected RMG factories while five per cent of the factories were highly risky and the number of the factories might be more than 12. Under the arrangement of the government and in association with the Internati

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped marginally by 2.34 percent to US$ 844.7 million in the first three months of the current year, compared to exports of $864.9 million made during the corresponding period of last year, the data from Statistics Indonesia showed. In March 2014, Indonesia’s knitwear exports stood at $269.3 million, showing a decline of 2.09 percent over exports valued at $27

At least two Chinese nationals have been killed and over 100 Chinese hospitalized after rioters attacked Chinese companies in Vietnam, sources told Xinhua on Thursday. An unidentified Chinese national was found dead in a Taiwanese- invested factory of Foming Bicycle Parts in southern Vietnam's Binh Duong Province, some 1,120 south of Vietnam's capital Hanoi. Local police has dealt with the case and diplomats from the Chinese embassy will be arriving there.Another Chinese national was killed i

Is it just me or does May feel more like March? That's why this cheery photo of Dianna Agron wearing a pretty summer dress and weekend kicks—coming from brunch in sun-soaked Los Angeles, no less—makes me wish for the summer even more! Dianna threw together an easy, comfy, and cute ensemble by pairing her aqua floral J.Crew fit-and-flare dress with neutral Soludos derby shoes—a balmy-weather-appropriate alternative to neutral heels or those ubiquitous slides. Her elegant chain-link shoulde

China is the biggest importer of coir based products from India. During 2013-14, a total of 192,110 tones of coir products, valued at Rs 360.5 crore were shipped to China, a growth of 32 percent on value terms, according to Indian Coir Board. India exported 537,040 tones of coir and coir based products, valued at Rs 1476 crore. In the previous financial year, total export was 429,501 tones valued at Rs 1116 crore, a rise by 25 percent was recorded in the volume of coir based products. Exp