Search Results for: Bangladesh

STEPS are underway to improve airport security in Bangladesh after the European Union (EU) introduced strict checks on airborne cargo originating from Bangladesh. On June 1, the EU added Bangladesh to its list of high-risk countries it considers have inadequate airport security.…

BANGLADESH textiles and apparels major the DBL Group is pressing ahead with a plan to build a dedicated industrial zone in Moulavibazar, within the north-east of the country, sinking as much as USD1.2 billion into the project by 2021.

This DBL Economic Zone, spanning more than 170 acres of land, will house 19 factories, mostly making textiles and clothing, the company has confirmed.…

ORGANISERS of a major three-day India Textile 2017 exhibition in Gujarat have hoped to use the event to encourage product diversification and better supply chain links within the country’s growing textile sector.

Indian Prime Minister Narendra Modi’s oft quoted maxim – ‘from farm to fibre, fibre to fabric, fabric to fashion and fashion to foreign markets’ – was the guiding principle for the event that concluded in Gujarat’s capital Gandhinagar on July 2.…

PAKISTAN’S textile industry, including manufacturers of fabric, yarn, and garments, suspended production and organised protests nationwide on June 20, dubbing the protest ‘Black Tuesday’, over the government’s slow implementation of a promised USD1.7 billion relief package for the sector.

The All Pakistan Textile Mills Association (APTMA) organised the day of action, supported by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), All Pakistan Bedsheets And Upholstery Manufacturers Association (APBUMA), the All Pakistan Textile Processing Mills Association (APTPMA), the All Pakistan Cotton Power Looms Association, the Council of Loom Owners Association and other groups. …

THE INDIAN knitwear industry will have to pay a wide range of rates for the incoming Goods and Services Tax (GST) rates when the new tax is introduced from July 1 (2017).

This tax is supposed to simplify how businesses pay sales taxes in India, replacing a series of national, state and local charges, but a national GST Council has set a wide range of rates for knitwear products and inputs.…

A sudden shortage of leather in India prompted by government religious policies on reducing cattle-related trades is forcing major fashion brands to look for alternative sourcing destinations. Even Indian fashion goods exporters are having to buy costly imports of raw leather to service existing orders.…

GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…

BANGLADESH’S planning minister AHM Mustafa Kamal has told an international infrastructure seminar that his government will construct a new airport on the west bank of Padma River, south of the capital Dhaka, with a runway accommodating wide-bodied aircraft such as the Airbus A380.…

BRIDGING the digital divide in a largely conventional and labour- intensive industry such as garment and textile manufacturing is often a challenge. But Malaysia’s G.PRO Technologies – an arm of Apparel Alliance Sdn Bhd – is re-defining shop flow operations in the apparel business with its innovative software and hardware – helping the industry transition towards digitalisation. …

Securities Commission Malaysia (SC) has released a new Malaysian Code on Corporate Governance (MCCG). This revised guidance encourages the development of corporate governance culture, not just within listed companies, but also state-owned enterprises, small-and-medium sized enterprises (SMEs) and licensed intermediaries. This code includes 36 practices to support strong board leadership; effective audit, risk management, and internal controls; and solid corporate reporting.…