M.T. Sweater Limited of Bangladesh made sweaters for the British discount clothing chain Peacocks. Last September, they supplied sweaters worth ca. EUR 0.5 million, which the Peacocks received only last month after a long six-month delay. Additionally, EUR 0.55 million worth of ready-made and half-made garments for this buyer are now lying in the warehouse […]
Tag Archives: BGMEA
BGMEA asks Peacocks to clear payments to 29 Bangladeshi factories
Read More
Comments Off on BGMEA asks Peacocks to clear payments to 29 Bangladeshi factories
Bangladesh’s $8 billion credit risk from the global retailers and brands
Bangladeshi Ready-Made-Garment (RMG) manufacturers are struggling to survive because of a poor cash flow caused by delays in payments by international retailers and brands despite restoration of some orders, widening the payment default risks only further as increasing number of retailers and brands are filing insolvency proceedings by self-administration or bankruptcy protection. This development is […]
Read More
Comments Off on Bangladesh’s $8 billion credit risk from the global retailers and brands
BGCCI International Webinar: Post-COVID Economic Relations between Bangladesh & Germany
The Bangladesh-German Chamber of Commerce & Industry (BGCCI) hosted an international Webinar on the 27th January 2021 from 19:00 to 21:15 hrs Bangladesh standard Time (BST) on: “POST COVID19 Economic Relations between Bangladesh & Germany” The Webinar was attended by 131 participants, panelists and speakers from Bangladesh, Germany and the USA. The honourable Commerce Minister of Bangladesh […]
Read More
Comments Off on BGCCI International Webinar: Post-COVID Economic Relations between Bangladesh & Germany
Privatisation of government service hinders FDI in Bangladesh
Apparel makers in Bangladesh have long been opposing foreign direct investment (FDI) in the Ready-Made Garments (RMG) sector outside the Bangladesh’s Export Processing Zones (EPZs) fearing competition by foreign companies. The Vice-president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the apex trade association of the industry, Mr. Faruque Hassan said that allowing FDI in the […]
Read More
Comments Off on Privatisation of government service hinders FDI in Bangladesh
Tripartite council to address RMG sector labour issues
The government of Bangladesh has formed a tripartite advisory council to address labour issues that sometimes stimulate volatility in the labour-intensive readymade garment (RMG) industry and hinder it’s further growth, officials said. The 20-member committee, headed by the labour and employment minister, is comprised of six representatives each from the government, workers and factory owners […]
Read More
Comments Off on Tripartite council to address RMG sector labour issues
Fast Reading
-
Delays and delivery default risks unavoidable
-
BGMEA asks Peacocks to clear payments to 29 Bangladeshi factories
-
Bangladesh’s “Ease of doing business Index” Ranking dilemma!
-
Compliant factories in Bangladesh – Intl. collaboration welcome
-
Venami shrimp farming begins in Bangladesh
- Opportunities beyond clothing in Bangladesh
-
Gas reserve potential left unexplored in Bangladesh
-
Facts Check: Power Generation in Bangladesh
-
Weak NBFIs in Bangladesh barred from paying dividend
-
Japan fails to secure VAT Exemption for JICA funded project in Bangladesh
-
Alibaba and Amazon to build network in Bangladesh
-
Bangladeshi RMG manufacturers chocking as orders fell by 30%
-
Non-performing loans may increase as recovery remains slow
-
Some Recommendations on Overcoming the Crisis in the Leather Industry
-
Bangladesh’s $8 billion credit risk from the global retailers and brands
- ACMELAB: The ACME Laboratories Limited
- AFTABAUTO: Aftab Automobiles
- EASTRNLUB: Eastern Lubricants
- GLAXOSMITH: Glaxo SmithKline
- LINDEBD: Linde Bangladesh
- PADMALIFE: Padma Islami Life Insurance
- ACI: ACI Limited
- ICB: ICB
- BATBC: BATBC
- BSC: BSC
- NTC: National Tea
- RENATA: Renata
-
ABBANK: AB Bank Limited
- BDLAMPS: Bangladesh Lamps
- APEXFOODS: Apex Foods
