The Bangladesh government has expanded the coverage of the pilot employment injury scheme to include compensation for accidents that may occur when workers are commuting to and from work. The Governance Board of the Employment Injury Scheme (EIS) Pilot during its 8th meeting held on May 13 unanimously approved the inclusion of ‘commuting accidents’ as…

At the end of 2022, the European Union and European Parliament agreed to what will become the world’s first Carbon Border Adjustment Mechanism (CBAM). In simple terms, CBAM is a tariff on the import of carbon-intensive products. Initially, these products will include those that require a highly carbon-intensive manufacturing process – cement or fertiliser, for…

A business owner I know is 100 percent committed to sustainability and to doing the right thing by the planet. The same owner spent many years preparing to develop science-based targets (SBTs). All seemed to be going according to plan until they took a closer look at some of the targets. At that point, it…

Bangladesh made the highest amount of garment shipment in a single month in January riding on the rebounding global economy and revival of the export. In fact, January 2024 stands unique for its highest export turnover in a single month in the country’s history, according to Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The country…

Bangladesh exported garments worth $4.49 billion in February 2024, one of the highest for any single month, undergoing a year-on-year growth of 13.93 percent, according to data from the Export Promotion Bureau (EPB). The garment export during the first two months of this year amounted to $9.47 billion, registering a 13.15 percent year-on-year growth. In…

Chinese textile and garment entrepreneurs are bullish about Bangladesh as the country cements its position as a top supplier of apparel items, evidenced from a healthy flow of orders from international clothing retailers and brands. On the back of higher demand for fabrics, yarns, chemicals, dyes, and capital machinery used in the textile and garment…

The United States International Trade Commission (USITC) is going to hold a hearing involving Bangladesh to see whether a recent rise in prices of garment items sourced from the country had anything to do with unhealthy competition. The USITC found out that the prices the US paid for each unit of Bangladeshi garments had recently…

The president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday faced a barrage of questions from the United States International Trade Commission (USITC) during a hearing. The hearing came as part of the USITC’s investigation into the sudden rise in per unit import prices of garment items exported from Bangladesh, Cambodia, India, Indonesia and…