Search Results for: Bangladesh

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.…

PAKISTAN garment manufacturers are anticipating significant trading benefits from an anticipated accession from January 2014 to the European Union’s (EU) new Generalised Scheme of Preferences Plus (GSP+) trading scheme.

Some are asking the Pakistan government to relax import duties blocking access to raw materials, especially artificial fibre, needed to diversify product lines so that they can take full advantage of the facility.…

THE RECENTLY rebranded United States Fashion Industry Association (USFIA) has re-launched itself at its annual meeting in New York, amidst predictions that the Trans-Pacific Partnership free trade agreement should be completed in early 2014.

Julia Hughes, the president of USFIA, and head of its predecessor the United States Association of Importers of Textiles and Apparel (USA-ITA) told the November 6 meeting: “We are definitely much further along in the TPP negotiations, but we think it’s likely to take into next year to really wrap it all up,” she said.…