10:36 pm, Thursday, 30 April 2026
RMG

Envoy Textiles secures landmark $30m green loan from ADB

The Asian Development Bank (ADB) has signed a $30 million sustainability-linked loan facility agreement with Envoy Textiles Limited (Envoy), marking

H&M shuts 135 stores globally, Bangladesh RMG industry braces for impact

Global fashion retailer H&M has closed 135 outlets worldwide in the first nine months of 2025, raising concerns about potential

EU to review Bangladesh exporters’ compliance with GSP rules

A delegation from the European Union’s Directorate-General for Taxation and Customs Union (DG TAXUD) is scheduled to visit Bangladesh in

Nassa Group to permanently close 16 RMG factories amid crisis

A total of 16 garment factories under Nassa Group will be permanently closed as authorities failed to continue operations due

AI poses limited threat to textile and apparel jobs, competitive pressures loom

The World Trade Organization (WTO) has highlighted the complex impact of artificial intelligence (AI) on the global textile and apparel

US reciprocal tariffs could cost Bangladesh $1.08b in apparel exports

Bangladesh is bracing for significant export losses, with a projected $1.25 billion hit as US reciprocal tariffs and a contracting

Bangladesh apparel exports to EU grow slowly by 7% in July

Bangladesh’s apparel exports to the European Union (EU) experienced a noticeable slowdown in July 2025 following a strong rebound in

Bangladesh RMG exporters demand clarity on US reciprocal tariff

Bangladesh’s readymade garment exporters have requested detailed clarification and a clear implementation mechanism regarding a recent United States executive order,

BEPZA to set up fund ensuring worker wages in closed factories

Bangladesh Export Processing Zones Authority (BEPZA) is planning to establish a fund to ensure payment of wages and benefits to

BGMEA moves to streamline social audits with unified code of conduct

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has launched an initiative to streamline social audit practices and develop a unified