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Export-oriented apparel factories to run as usual from Sunday

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By complying with the instructions of the Directorate General of Health Services (DGHS) and Institute of Epidemiology, Disease Control and Research (IEDCR) effectively, factory...

Survey: 91% buyers refuse to pay production costs

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Suppliers in the survey reported that 98.1% of buyers refused to contribute to the cost of paying the partial wages to temporarily suspended workers Over...

Coronavirus deals leather sector a hammer blow

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Leather goods and footwear exporters have faced export order cancellation of $200 million, while the crushed leather exporters have seen another $53 million cancellation Exporters...

Covid-19: Sanem proposes 2-yr recovery plan

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The recovery plan is aimed at taking the economy back to the December 2019 state Dr Selim Raihan, executive director of South Asian Network on...

BUILD: Create Tk50,000cr fund

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This fund will extend loans with no interest with extended installment payment with a starting grace period of 3 months The Business Initiative Leading Development...

Coronavirus: $4.45bn apparel export orders cancelled

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According to the BGMEA, a total of 1,082 apparel makers have faced order cancellations of 932.63 million pieces worth $2.95 billion as of Wednesday Bangladesh,...

Local fashion industry fears Tk2,000cr loss

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Typically, 25% of the yearly turnover comes from the sale of Pohela Boishakh, but this year the occasion was suspended  due to the outbreak...

Exporters may seek another bailout

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Tk5,000cr stimulus barely enough to pay one month’s salaries of workers, employees in export-focused industries The bailout package of Tk5,000 crore can meet only one...

Increase tax on tobacco, says ATMA

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The organization made the calls in its budget proposals for the upcoming 2020-2021 fiscal year The Anti-Tobacco Media Alliance (ATMA) on Sunday urged the government...

Coronavirus fallout: H&M suspends sourcing apparel goods

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Given the constantly changing situation and the uncertainty, the brand said they wanted to be clear and transparent towards their garment suppliers H&M, a Swedish...