Bangladesh Textile Mills Association president Showkat Aziz Russell on Tuesday said that textile sector in Bangladesh might experience a surge in factory closures as a result of further hike in gas prices...
The country鈥檚 textile sector businesses have requested finance adviser Salehuddin Ahmed to impose a ban on yarn imports using the customs houses of all land ports in the interest of the country鈥檚 textile sector...
The Bangladesh Textile Mills Association has demanded the government to extend the usance period for payments on import of industrial raw materials...
The country鈥檚 primary textile millers on Tuesday demanded intervention from the Bangladesh Bank to realise their matured bills from commercial banks against the supply of yarn and fabric to the readymade garment industries through back-to-back letters of credit...
The country鈥檚 textile manufacturers on Wednesday called for an uninterrupted supply of both gas and electricity, along with enhanced security measures to ensure the sector鈥檚 survival...
Mohammad Ali Khokon on Sunday resigned from his position as president of the Bangladesh Textile Mills Association and former vice-president Showkat Aziz Russell took over the role following an emergency board meeting...
The country鈥檚 textile mill owners have sought low-interest bank loans to help cover workers鈥� wages and utility bills for July, saying that the industry faced significant financial losses due to the disruption of business operations amid the recent unrests over quota-reform movement...
The Bangladesh Textile Mills Association on Saturday termed discrepancies in export figures as a 鈥榗onspiracy鈥� against the apparel and textile sector, claiming that a group influenced the government to reduce cash incentives by showing inflated export growth...
Production in more than 1,000 textile mills in the country has plummeted by 50-65 per cent over the past month due to a severe shortage of gas supply, according to the Bangladesh Textile Mills Association...