Another fire broke out in a building housing three garment manufacturing units Monday morning, on the outskirts of the capital - Dhaka. However, the fire has been brought under control and no casualties have been reported. A top ...
Tags: Bangladesh, Fire, Bangladeshi Garment Unit
The Swedish group has bought a 51% stake in Interlabels, which has two factories in India and one in Kenya. Although the deal gives Skanem a footprint in India for the first time, it already has a presence in Asia through a factory it ...
Tags: Indian Labels Firm, stake, label, packaging
Chairman All Pakistan Textile Mills Association (APTMA) Ahsan Bashir made presentation on investment climate of Pakistan in textile sector to the D-8 delegates from Turkey, Malaysia, Iran, Bangladesh, Indonesia and Egypt the other day. ...
Tags: Pakistan, APTMA, Pak Textile Sector, D-8 Delegates
More than 120 people are reported killed in a fire accident at an eight-storey garment factory, located to the northwest of the Bangladesh’s capital Dhaka. According to reports, the fire started from the warehouse on the ground ...
The scheduled visit of a Russian business delegation, including representatives from the textile and garment industry, to Bangladesh in December this year has raised hope for the country’s readymade garment (RMG) industry, which is ...
Tags: Bangladesh, BGMEA, RMG, Russia
Fuel oil consumption in power plants in Bangladesh will more than double to around 800,000 mt in the first half of 2013 from around 320,000 mt in H1 2012, a senior official at Bangladesh Power Development Board said Thursday. The ...
The US retail giant Walmart has issued a statement about its trade relationship with the Bangladesh readymade garment(RMG)factory that burnt down killing more than 110 workers in a fire accident. According to a statement issued by ...
Tags: Walmart, RMG, fire accident, garment
Calling on the Government to take wise measures to re-adjust the energy prices,Bangladesh Textile Mills Association(BTMA)president Jahangir Alamin said abrupt rise in energy charges may badly impact the country's textile sectors,which is ...
Tags: BTMA, energy prices, textile sector, invest
In response to queries received from analysts, Li & Fung Limited wishes to clarify that the value of orders placed with Tazreen Fashions Limited in Bangladesh where a tragic fire has occurred will not have any material impact on the ...
Tags: Li&Fung, financial performance, tragic fire, Bangladesh
New Hope, a leading agribusiness operator in China, and US-based private equity firm Blackstone are in the final round of bidding for Australia's leading poultry processor Inghams Enterprises. Second round bids are expected to be launched ...
Tags: Blackstone, poultry processor, Inghams Enterprises, bidding
More than twenty readymade garment(RMG)exporters from Bangladesh are suffering due to non-payment by an Indian firm for goods purchased by it. Mr.Abdus Salam Murshedy,president of Exporters Association of Bangladesh(EAB)told ...
The year 2013 will be marked by a push towards internationalization.This is the primary objective emerging from the initiatives promoted by ACIMIT(the Association of Italian Textile Machinery Manufacturers)for the upcoming year,and approved ...
Tags: ACIMIT, internationalization, Association's Board of Directors meeting
ARLINGTON, Va. — November 1, 2012 — The American Apparel & Footwear Association (AAFA) today published the eleventh edition of the AAFA Restricted Substances List (RSL), covering apparel, footwear, travel goods, home textiles, ...
Calling on the concerned people to develop markets for jute and jute products,Bangladesh Prime Minister Sheikh Hasina said the resources can be best utilized by enhancing exports. Speaking at the opening ceremony of an international ...
Tags: jute, jute products
Textile mills, either in India, Pakistan or Bangladesh, do not seem to be scrambling to book cotton stocks in advance despite reports of a fall in cotton production in India and Pakistan, both major cotton producing countries. According ...
Tags: textile mills, cotton stock, SIMA, CITI, textile