Search Results for: Bangladesh
10 results out of 709 results found for 'Bangladesh'.
CAMBODIA GARMENT FACTORIES TO SUE OVER STRIKES BANGLADESH COUNTS THE COST OF DISRUPTION
Cambodian garment factories will pursue legal action against unions they hold responsible for strikes that caused a sector-wide shutdown over the Christmas and New Year period, the Garment Manufacturers Association in Cambodia (GMAC) has said.
“Our members have granted power-of-attorney to GMAC to act on their behalf [in this matter].…
BANGLADESH LOOKS TO ITS LAURELS AS ASIAN KNITWEAR RIVALS POWER UP
SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…
BANGLADESH LOOKS TO ITS LAURELS AS ASIAN KNITWEAR RIVALS POWER UP
SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…
CHIEF INSPECTOR OF THE ACCORD ON FIRE AND BUILDING SAFETY IN BANGLADESH TACKLES UNSAFE FACTORY CONDITIONS
POOR building construction and inadequate fire safety infrastructure are still putting Bangladesh garment factory workers at risk, according to initial inspections led by Brad Loewen, chief safety inspector for the Accord on Fire and Building Safety in Bangladesh. Mr Loewen, a Canadian, is set to lead a team to inspect 1,500 factories this year, identifying ways that brands and factory owners can improve workplace safety in an industry plagued with factory fires and collapses.…
NOVARTIS BANGLADESH FD SAYS SOUTH ASIAN EMERGING GIANT IS A TOUGH MARKET TO CRACK
BANGLADESH’S pharmaceuticals industry lacks a “level-playing field,” leaving multinationals to wade through a raft of regulatory restrictions which may not apply to locally-owned manufacturers, a top official of Novartis Bangladesh said.
“This is a very challenging market. There are lots of restrictions on multinational companies,” Sazzad Rahim Chowdhury, finance director at the Swiss drug giant, told Manufacturing Chemist.…
MALAYSIAN FINISHING INDUSTRY OUTLOOK OPTIMISTIC DESPITE CHALLENGING CLIMATE
A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year. Economists are predicting a general slowing of the Malaysian economy, with average real gross domestic product (GDP) growth for the next five years estimated in Q4 2013 at 3.4%, revised down 0.2% from Q4 in 2012 (slightly slower than the Asian average of 3.7%), according to the Ifo Institute for Economic Research/International Chamber of Commerce’s World Economic Survey of business experts published in November last year.…
PAKISTAN GEARS UP FOR PUNJAB GARMENTS CITY
THE PAKISTAN government has started acquiring 1,562 acres of land near Lahore, capital of Pakistan’s most populous and main cotton producing province, Punjab, for a proposed major garments manufacturing centre.
Major General (Retd) Javed Iqbal, chief executive officer of the Punjab Industrial Estates Development and Management Company (PIEDMC), which is developing this so-called ‘garments city’ and some other industrial estates in the province, said that a pre-feasibility study has now been completed.…
MALAYSIAN FINISHING INDUSTRY OUTLOOK OPTIMISTIC DESPITE CHALLENGING CLIMATE
BY LEE ADENDORFF
A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year.…
BANGLADESH’S INCREASES PUSH FOR BILLET-MAKING CAPACITY
Leading Bangladesh steelmaker KSRM has joined rivals BRSM and Abul Khair in building new billet plants, lured by cheaper production at home and prospects of overseas sales.
All three companies now say they hope to start operations of new mills in the coming year (2014), with their combined annual output of billet reaching 3 million tonnes, double the size of the country’s estimated billet imports of 1.5 million tonnes per year, industry insiders have told Steel First.…
REVIEW OF 2013 CLOTHING AND TEXTILE SECTOR
WINNERS AND LOSERS
RETAIL
WINNERS
ASOS
Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. …