A new survey underscores the growing urgency for the UK Government to address trade challenges with the European Union. Conducted by the British Chambers of Commerce (BCC) with 1,111 businesses, 92 per cent of which are small and medium-sized enterprises ( …Read More
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The government of India and the Asian Development Bank (ADB) have recently signed a $500 million loan to support green and sustainable infrastructure projects aligned with India’s climate commitments. The ADB loan, with a sovereign guarantee, will be …Read More
Sitting: (L) Md Ashraful Kabir, member (investment promotion) of BEPZA, with (R) Zhuofan Cai, managing director of Ding Yu (BD) Enterprise Ltd. Pic: BEPZA
Ding Yu (BD) Enterprise Ltd, a Chinese firm, has signed an agreement to set up a garment …Read More
Fitch Ratings has revised its outlook for global container shipping from ‘deteriorating’ to ‘stable’, anticipating stable to improving performance across several sub-sectors, such as tankers and bulk, though this is partially tempered by the declining …Read More
… enhance the competitiveness of domestic textile and footwear enterprises, contributing … Trade Fair for Apparel, Textiles and Textile Technologies (VIATT), held from … covers the entire textile industry value chain. Various textile and garment segments …Read More
… production costs. Moreover, Bangladesh’s textile industry is highly specialized, producing … control, and innovation. Bangladesh’s textile industry has been investing heavily … .
Infrastructure and Logistics: Bangladesh’s textile sector has long struggled with …Read More
Bangladesh’s ready-made garment (RMG) exports surged 12.34 per cent to $16.117 billion in July-November 2024, compared to $14.346 billion in the same period of 2023.
Woven apparel exports grew 12.48 per cent, outpacing knitwear’s 12.23 per cent rise.
Home textiles increased by 5.03 per cent, with RMG, accessories, and home textiles comprising 82.60 per cent of total exports.Read More
Fitch Ratings revised its global container shipping outlook to ‘stable’ from ‘deteriorating’, citing stability in tankers and bulk despite container shipping challenges.
Risks include geopolitical conflicts, trade policy shifts post-2024 US elections, and 2025 oversupply.
Emissions regulations add long-term cost pressures, requiring asset investments.Read More
Vietnam’s economy grew 7.4 per cent in Q3 2024, driven by the manufacturing sector.
Exports increased by 15.4 per cent to $299.6 billion, with textile exports up 6.7 per cent.
Despite typhoon disruptions in September, textile export growth continues, driven by global demand and strategic investments.
The textile industry remains buoyant, supported by FDI, rising orders, and sustainability initiatives.Read More