Bangladesh's utilisation rate among US fashion companies declined sharply in 2026 as buyers intentionally maintain a diverse sourcing base prioritising capacity, flexibility, inventory agility and regional balancing in their sourcing strategy. Besides, slow speed-to-market, limited supply chain fl
A free-trade agreement (FTA) between Bangladesh and the European Union could limit deep garment- export drop due to loss of duty-free facility after the country's LDC graduation, according to a latest research. As post-LDC tariff cliff collides with zero-duty market access secured by chief regiona
Bangladesh has drafted a new five-year National Plan of Action (NPA) resetting the target for eliminating all forms of child labour to 2030, with an initial focus on eradicating the worst forms from hazardous occupations and the informal sector, sources said.Bangladesh economic report The governme
India is steadily emerging as a major competitor for Bangladesh's readymade garment (RMG) export thanks to its rising competitiveness, integrated supply chain, diversified textile sector and expanding trade agreements, especially with the European Union and the United Kingdom. Although Bangl
Government's Export Promotion Bureau (EPB) sets sights high on external trade and proposes setting total goods and services export target at US$67 billion for the imminent fiscal year. Proposed target for goods export is $58 billion for the fiscal year (FY) 2026-27, predicting over 21-percent grow
A slew of 457 industrial units have faced permanent closure during last two years mainly because of shrinking work orders, owners' financial crisis, labour unrest and energy crisis, sources say. The latest fall was on Tuesday of twin factories in Gazipur-Unique Designers Ltd and Unique Washing and
Bangladesh's push to expand exports of man-made fibre (MMF) garments could face a setback as the government proposes higher import duties on key synthetic raw materials, stoking concerns among exporters and textile manufacturers about the sector's future competitiveness. Industry stakeholders have
Readymade garment exports to the European Union (EU) faced the steepest decline among its major competitors during the first four months of 2026, amid weak demand and intensifying competition that are reshaping sourcing patterns across the 27-nation bloc. Bangladesh exported apparel worth 6.09 bil
