Search Results for: Bangladesh

BRANDS and environmental groups are calling on the apparel and textile industry to use alternatives to wood pulp-based fibres such as rayon and viscose sourced from endangered forests as demand for these fibres is expected to explode.

Forest-based fabrics make up about 5% of total textile industry inputs, but demand is expected to increase by 112% in the next 40 years, said Nicole Rycroft, executive director of Canada-based non-profit organisation, Canopy.…

BANGLADESH’S garment makers face a drought of summer 2014 orders as western retailers have begun fleeing the South Asian nation after recent political violence and a physical attack on Spanish buyers.

Top industry leaders said that global buyers, seeking stable alternatives, have already diverted 30%-35% of orders to Bangladesh’s rivals, with India, Indonesia and Vietnam emerging as winners.…

THE LAST few years have brought significant changes to the apparel sourcing landscape in Asia. The era of Chinese low-cost apparel manufacturing is well behind us, and several countries have stepped up to claim their part of the manufacturing pie.

Apparel industry analysts say that although China’s dominance continues, a clear segmentation in Asia is now taking place.…

THE HIGHLY diverse and emerging markets of the Middle East, North Africa, and South Asia (MENASA) face major challenges in bringing financial services, accounting and auditing up to international standards. They are often lacking qualified professionals and sometimes overly reliant on expatriate expertise.…

Md. Sabur Khan, president of Dhaka Chamber of Commerce & Industry.

“Bangladesh is seeing an additional demand for holistic and sophisticated financial services because of the development of its banking sector. Financial institutions are very eager to comply with the international standards. …

WHILE American textile producers fear the potential impact of the planned Trans-Pacific Partnership (TPP) regional free trade agreement, it is smaller and medium-sized Vietnamese producers who really need to be worried. That is the view of

Chris Walker, marketing manager for Thai Son S.P.…

THE LIBERALISATION taking place in Myanmar has been making the global textile and clothing sector excited about the country’s thus far untapped potential to export indigenous and mainstream textiles. Aung Min, research director of the business insight and social insight department at the Myanmar Marketing Research and Development Co.…

Although Hong Kong-based quality cotton shirt manufacturer Esquel Group has long placed most of its bets on China, one of its newest bases of operations – Vietnam – could soon prove to be its linchpin for knit shirt manufacturing.  John Cheh, vice chairman and CEO of the company said that Vietnam production could become increasingly important as it continues to scale up operations in anticipation of better Vietnam-China transport links and forthcoming trade agreements.…

Bangladesh’s top steel maker BSRM Group has secured USD115 million in what is billed as one of the largest ever syndicated loans for a local company, officials and bankers have told Steel First.

A total of 25 banks and financial institutions, including the Export-Import Bank of India (EXIM), participated in the syndication, co-arranged by UK-based Standard Chartered Bank and local lenders IDLC Finance Limited and City Bank Limited.…

BANGLADESH is to rely on Belarus for its imports of potash fertilizer from Belarus, whose government is planning to set up a fertilizer warehouse in the South Asian nation, strengthening bilateral trade, Bangladesh’s ministry of agriculture joint secretary Pulak Ranjan Saha told Industrial Minerals.…