Garment shipment to the US increased by 0.75% to $7.34 billion
The country shipped $4.43 billion worth of merchandise in January
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In the 11 months, Bangladesh shipped garments worth $18.15 billion, second highest after China
Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.
India aims to boost its textile and garments industry in next month's budget with financial support, tariff cuts on key inputs and incentives to produce locally, two government sources said..An ongoing political crisis in neighbouring Bangladesh, opens new tab has prompted global retailers
Competitive market pressures, fluctuations in raw material prices responsible for the decline
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They made the demand in a meeting with the Labour Reform Commission
The circular also said the new increment will come into effect from December 1 and the workers will receive the salary with 9 percent annual increment in January
Importantly, unit prices declined for most suppliers in 2024 compared to 2023, reflecting competitive pressures within the global apparel industry
The USA's overall apparel imports from the world also fell by 0.33 percent to $67.04 billion during the January-October period, the data showed. China ranked first in apparel shipments to the USA, with Vietnam in second place
Around 10,000 garment workers of two factories in Gazipur's Konabari today staged a work absentia demanding the reinstatement of their sacked collegues
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Delayed salary payment from a handful of RMG factory owners triggered the latest bout of labour unrest
Bangladesh shipped $5.41 billion worth of apparels to the American market in the nine months
