Search Results for: Bangladesh

With China losing its sheen as a low-cost manufacturing heartland, Bangladesh’s clothing exporters are tapping into this opportunity by diversifying into another new higher margin segment — suits.

Senior executives and analysts told just-style how potential larger profits are drawing in major manufacturers, who are now confronting the challenges of building technical knowhow, recruiting skilled labour and attracting global buyers available. …

CLOTHING and textile companies are grappling with new good practice guidance in supply chain management that was released by the Organisation for Economic Development & Cooperation (OECD) last May (2017). An OECD Forum on Due Diligence in the Garment and Footwear Sector was staged in Paris last month (January 30-31), attended by governments, businesses, trade unions and non-governmental organisations (NGOs) working within or having an impact on the apparel sector.…

BANGLADESH’S trade unions have pushed for what they call “rational” minimum wages for workers of the USD28 billion garment industry, demanding a major hike in rates.

In a crowded press conference on Sunday, at the headquarters of the Dhaka Reporters’ Unity media organisation, in the country’s capital, the IndustriALL Bangladesh Council (IBC) proposed hiking wages of an entry-level apparel worker to Bangladesh Taka BDT16,000 (USD192) a month from the current

BDT5,300 (USD64), set in 2013 after the Rana Plaza collapse.…

Vietnamese textile and garment industry officials have capped a bumper 2017 with forecasts for further robust export growth this year if it can overcome challenges from neighbouring country textile sectors by investing in skills, equipment and automation. 

Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), predicting a year-on-year increase of 10% in export value, to USD34 billion, from 10.23% annual growth in 2017 when exports totalled USD31 billion.…

PAKISTAN’S textile exporters have urged their government to speed up and

enhance a tax incentives package if they are to kick

start the country’s ailing textile sector.

The government has rolled out a series of incentives over the past year, including the abolition of a 4% customs duty and 5% sales tax imposed on import of raw cotton announced on January 5 (in force on January 8), meeting a long-standing demand of the textile sector. …

INDONESIA’S textile and garment exports rebounded strongly in 2017, rising about 5% to USD12.4 billion after four years of stagnation, the head of the country’s textile industry association has revealed.

Factory relocation, political stability and less labour unrest contributed to the growth, said the chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia), Ade Sudrajat.…

It is no secret that sources of illegal proceeds of crime are manifold in the Philippines – witness President Rodrigo Duterte’s notorious campaign of state-sponsored killings, aimed at what he has claimed is an active industry of selling and trafficking illegal narcotics.…

WITH full supply chains and innovative products, Thailand’s knitwear industry is thriving, making the country a nucleus for fashion manufacturing in the Association of Southeast Asian Nations (ASEAN) region. Thai Garment Manufacturers Association (TGMA) executive director Chartchai Singhadeja said: “Thailand’s strength lies in our full-value supply chains, starting from fibres to yarns and fabrics, then apparel and clothing within the fashion industry.”…

BANGLADESH labour rights groups have started demanding increased pay after the government set up a wage board this month (January 14) to recommend fresh wages for the country’s four million apparel workers.

In a recent meeting with the trade group Bangladesh Garment Manufacturers & Exporters Association (BGMEA), the IndustriALL Bangladesh Council (IBC) along with 16 local labour federations pushed for a minimum monthly wage of USD200, far in excess of the current minimum rate of USD67 fixed in 2013, after the Rana Plaza collapse.…

THE EUROPEAN Union’s (EU) financial watchdog, the Court of Auditors, has highlighted concerns about how Chinese knitwear exporters maybe exploiting loopholes in EU customs and VAT controls to evade paying proper amounts of these taxes.

In a report on shortcomings in EU import procedures, the court noted how Chinese traders were abusing EU customs procedure CP42, which allows an importer to bring goods into one EU member state without paying VAT, because they will be sold in another EU country.…