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Related Keywords: Bangladesh exports, BGMEA, blouses, cotton nightwear and jeans, Export promotion bureau data, high demands for Bangladeshi products, kids wear, RMG exports growth, shirts, skirts, textiles got dury and quota free access, to Indian market, trousers

Bangladesh has earned $527.16m from its exports to Indian market in FY 2014-15 a rise by 15.45% compared to $456.63m in the last fiscal year as some products including textiles got duty and quota-free access, according to Export Promotion Bureau data.

Readymade garment export to the neighbouring country also increased by 8.31% to $104.25m in the year compared to $96.25m in the previous year.

Related Keywords: BGMEA, BTMA, countrys largest foreign currency earner, demand gas connections, failed to relocate their units, readymade garment factory, spinning mills remained unused, to the new destinations

Both the BGMEA and the BTMA leaders demand gas connections for the country's largest foreign currency earner on a priority basis as the readymade garment factory owners, especially those who want to shift their non-compliant units from the capital city and adjacent to it, are facing difficulties due to non-availability of gas for the last couple of years.

Related Keywords: Bangladesh budget, Bangladesh Garment Manufacturers and Exporters Association, Bangladesh Garments Accessories and Packing Manufacturers and Exporters Association, Bangladesh Knitwear Manufacturers and Exporters Association, Bangladesh Textile Mills Association, BGAPMEA, BGMEA, BKMEA, BTMA, garment exporters in bangladesh, tax on apparel, tax on garment

The Bangladesh Finance Minister AMA Muhith presented the national budget before parliament on 4 June for the fiscal year 2015-16. Its size - in terms of aggregate government expenditure - reflects about a 23 per cent rise over that of the revised budget estimates for 2014-15. It is also 56.8% higher than the actual figure for 2013-14.

The budget has allocated Taka 970 billion for funding the Annual Development Programme (ADP), marking an increase of Taka 22 billion over the revised ADP of Taka 750 billion for the outgoing fiscal.

Related Keywords: Bangladesh garment industrial park, BGMEA, dyeing, emphasis on sustainability, EPZ, fire safety training programme, generate export revenue, Knit, modern Central Effluent Treatment Plant, provide home for factories, set up at the new park, start this summer, sweater and accessories factories, woven

Work on garment industrial park will start this summer on a new 492 acre which will provide a home for 300 factories and generate around US $3 billion annually in export revenues, said the Bangladesh garment manufacturers and export association.

The BGMEA claims the park will place an emphasis on sustainability, including connecting factories located at the park with a modern Central Effluent Treatment Plant (CETP) for the disposal of industrial liquid and sewerage water.

Related Keywords: apex body of apparel makers, BGMEA, control prices of domestic cotton yarn, cotton security council, handed proposal to MoC, knit and woven garments units, new export policy, spinning mills, texile miller

The Bangladesh Garment Manufacturers and Exporters Association has handed a proposal to the ministry of commerce (MoC) to constitute the Cotton Security Council, which is supposed to control prices of domestic cotton yarn. The apex body of apparel makers has also demanded inclusion of the provision of council into the new export policy of 2015-18.

But the Bangladesh Textile Mills Association has opposed the idea and sent a letter to the ministry, calling the proposal 'unreasonable', 'unrealistic' and 'inconsistent.'

Related Keywords: Bangladeshi readymade garment sector, BGMEA, BKMEA, BTMA, cancellation of orders, delay in shipment, export target, extra burden of air freight, incur loss, non stop political unrest

The Bangladeshi readymade garment sector has incurred huge vandalism caused by the non-stop political unrest beginning from January 6. In the last 35 days the RMG sector has incurred a loss of Tk21,711 crore due to cancellation of orders, extra-burden of air freights and delays in shipments.

According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) estimate, the apparel sector faced the order cancellations worth Tk10,000 crore while it had to spend additional money of over Tk918 crore for air shipments.

Related Keywords: Apparel exports, Bangladeshi apparel products, BGMEA, BGMEA president Anwar-ul- Alam Chowdhury, Cambodia, India, Indonesia, merchandise exports from Bangladesh, safety and compliance issues, US Department of Commerce’s Office of Textiles and Apparel (OTEXA), US market, Vietnam

Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued in the months to come unless measures are taken to boost up buyers’ confidence.

Apparel exports are losing edge in the US market to its competitors namely Vietnam, Cambodia, India and Indonesia, as buyers have started cutting back their orders.

Related Keywords: adverse circumstances, Bangladesh readymade garment sector, BGMEA, competitors, consolidated position, garment export, joint effort, work environment, WTO

Bangladesh readymade garment sector despite of the Rana Plaza tragedy, political uncertainties, clashes and conflict is displaying continued strength which is extremely encouraging. According to the WTO report, Bangladesh has consolidated its position more than its competitors in the sector.

There is a steady continuity in the development of our readymade garment sector. The country's readymade garment exports continue to increase. In 2009 Bangladesh stood in fifth place in this sector and the very next year it jumped to number three.

Related Keywords: 23 companies, attract global buyer, Bangladesh clothing industry, BGMEA, Denim and Jeans Expo, denim apparel export, denim apparel manufacturer, Europe, global clothing market, RMG sector, USA

Bangladesh is the second largest denim apparel manufacturing country in the world after China. To flex the muscle of the clothing sub-sector and attract global buyer a two day Denim and Jeans Expo began yesterday in the city. A total of 24 companies from Bangladesh, India, Pakistan, Sri Lanka, Germany, China and Brazil are part in the show.

The Denim and Jeans Expo was inaugurated by Indian High Commissioner in Dhaka Pankaj Saran at a city hotel . President of Bangladesh Garment Manufacturers and Exporters Association ( BGMEA) Md Atiqul Islam was also present in the opening function.

Related Keywords: 22 top Indian textile companies, BGMEA, Dhaka, dress making equipments, embroidered dresses, FBCCI, fine fashion fabrics, home textiles and other homemade products, IHC in Bangladesh, Indian textile exhibition, Intexpo Bangladesh 2014, machines and textile products, shirting, SRTEPC, suiting

Intexpo Bangladesh 2014, a two day Indian textile exhibition opens in Dhaka today Monday at Pan Pacific Sonargaon hotel in the city. The exhibition has been jointly organised by the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India and Indian High Commission (IHC) in Bangladesh.

Mirza Azam, state minister textiles and jute is likely to open the exhibition.