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A few RMG factories declare unscheduled holidays

Bangladesh, Aug. 4 -- A number of garment factories in Gazipur and Narayanganj announced three- to four-day unscheduled holidays as manufacturers of Bangladesh's main export product struggle with pers... Read More


Gas, power crisis forces DBL Group to shut garment factories

Bangladesh, Aug. 3 -- DBL Group, one of Bangladesh's leading apparel exporters, has decided to shut down all its garment manufacturing units due to a prolonged gas and electricity crisis, putting the ... Read More


Zaber & Zubair unveils value-added fabrics with low-resource dyeing technique

Bangladesh, July 21 -- Textile manufacturer Zaber & Zubair Fabrics Ltd has developed a new dyeing technique that helps cut processing time by 85 per cent while significantly reducing water, energy and... Read More


Dhaka seeks to cut trade gap with Malaysia

Bangladesh, July 17 -- Bangladesh is seeking to deepen bilateral trade relations with Malaysia while narrowing a persistent trade deficit as bilateral commerce continues to expand despite a slowdown i... Read More


Sheltech Group unveils Tk 15.04b investment plan

Dhaka, July 7 -- Sheltech Group, one of the leading business conglomerates, has unveiled an investment programme worth around Tk 15.04 billion across agro-processing, real estate, textiles, manufactur... Read More


Direct US cotton sourcing delivers savings for BD mills

Dhaka, July 4 -- Bangladeshi spinning mills are increasingly turning to direct procurement of raw cotton from US farmers, bypassing traditional international trading houses in a move expected to lower... Read More


DBL Group eyes five more IPOs in four years

Dhaka, June 29 -- One of Bangladesh's leading industrial conglomerates, DBL Group, plans to list at least five more companies on the country's capital market over the next four years as part of its st... Read More


Govt set to halve source tax on local cotton purchase

Dhaka, June 10 -- The government is set to reduce the source tax on local cotton purchases to 0.5 per cent from the current 1.0 per cent, a move aimed at easing input-cost pressures on the country's t... Read More


BD import policy incompatible with new EU, US trade rules

Dhaka, May 31 -- Bangladesh's import policy in the making appears at odds with emerging trade requirements in the European Union and the United States as it proposes allowing apparel exporters to qual... Read More