Times Of Textile

10/10/2024

https://timesoftextile.com/bangladesh-climate-action-forum-2024-unites-global-stakeholders-dedicated-to-advancing-collective-climate-action-in-bangladesh/

Dhaka, Bangladesh — October 10, 2024: The Bangladesh Climate Action Forum 2024 was successfully held today at the Radisson Blu Water Garden Hotel. Over 450

10/04/2024

09/03/2024

BGMEA এর ২০২৪-২৬ নির্বাচিত Sammilito Parishad এর ৩৫ জন পরিচালক পদে পূর্ণ প্যানেলে নির্বাচিত হওয়ায় Times Of Textile পরিবারের পক্ষে থেকে সকলের প্রতি অভিনন্দন ও শুভ কামনা।

04/02/2024

Coats Cares Triumph Empowering Communities Through Education Sponsorship in Bangladesh.

Coats has been a driving force for positive change, extending its influence to communities worldwide. In a strategic move to consolidate its impactful initiatives, the company proudly launched "Coats Cares." This umbrella program aims to celebrate and recognize initiatives that make a significant difference in society. The Coats Cares competition serves as a platform to honor outstanding projects, and in 2023, Coats Bangladesh's sponsorship initiative for children's education emerged as one of the winners.

Coats Bangladesh's winning initiative focuses on sponsoring children's education, reflecting a deep commitment to addressing social issues and contributing to a brighter future. The initiative is aligned with Coats' broader mission to create a positive impact on the communities it serves.

Coats Bangladesh's sponsorship initiative for children's education was selected as one of the winners in the Coats Cares competition for 2023. The recognition highlights the initiative's excellence, impact, and alignment with Coats' values of corporate social responsibility. The success of Coats Bangladesh's initiative underscores the company's dedication to creating a positive social impact. By supporting children's education, Coats is contributing to the development of future generations and fostering a sense of community well-being.

04/02/2024

Textile and Garment Industry Faces Drought in Investment during 2023.

The textile and garment sector experienced a challenging investment climate in 2023, characterized by a global decline in demand for clothing and domestic challenges, including an energy crisis leading to increased production costs.

Several factors contributed to the industry's investment slowdown, including elevated prices of raw materials, rising transportation costs, a volatile local currency against the US dollar, and government-imposed import restrictions to conserve foreign exchange.

The global textile and garment industries faced significant hurdles in 2023, with major consumer markets like Europe and the USA substantially reducing clothing imports due to historic inflationary pressures.

For example, the USA witnessed a 22.71 percent decline in overall garment imports to $67.26 billion from January to October 2023.

Lower demand from major consumer markets also impacted domestic investment, evident in the USA's 24.75 percent decrease in garment imports from Bangladesh to $6.35 billion during the same period.

Garment shipments from Bangladesh to the European Union grew modestly by 2.28 percent in January-November 2023 compared to the corresponding period in 2022.

Despite the challenges, the export of garment items globally in 2023 was even lower than the reduced market worth of $576 billion in 2022.

The primary textile sector in Bangladesh, valued at nearly $25 billion, faced severe setbacks with almost zero investment in 2023, unlike the 14 new units established in 2022.

The garment sector, valued at over $30 billion, also witnessed a slowdown, with 134 new units in operation in 2023 compared to 182 in 2022.

Factors contributing to the investment decline included a reduced inflow of work orders, volatile currency markets, low buyer prices, rising production costs, and insufficient gas and electricity supply to factories.

While very few textile millers expanded their capacity, there is optimism for improvement in the second half of 2024 as the global economic situation shows signs of recovery, marked by the US Federal Reserve and major European banks easing interest rates.

In the knitwear sector, which saw nearly 50 new units in 2022, the number dropped to less than 10 in 2023. Mohammad Hatem, Executive President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), emphasized the sector's required expansion, hindered by low work orders, inadequate gas pressure, and the volatile dollar market contributing to reduced investment inflow.

23/01/2024

Bangladesh’s textile industry gets a boost as Denim Solutions Limited secured a 2-acre land lease from the Bangladesh Economic Zones Authority (BEZA) on January 22.

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Bangladesh’s textile industry gets a boost as Denim Solutions Limited secured a 2-acre land lease from the Bangladesh Economic Zones

19/01/2024

Khadi Fest 2024 - A Historic Monument of Bangladesh

19th January 2024, Dhaka - The Fashion Design Council of Bangladesh - FDCB organized a monumental Khadi festival, featuring an exhibition and fashion show on 19-20 January 2024. The theme of the event was 'Khadi: The Future Fabric Show.'

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19th January 2024, Dhaka - The Fashion Design Council of Bangladesh (FDCB) organized a monumental Khadi festival, featuring an exhibition

17/01/2024

Dive into the world of sewing automation with Empenzo , a leading manufacturer of automatic sewing machines specifically designed for the garment industry! In this exclusive interview, we sit down with the experts at Empenzo to explore how their innovative technology is transforming the way clothes are made.

Empenzo 's Automations Solutions:
Jeans & Chino Automates
Shirt Automates
T-Shirt Automates
Suit Sewing Automates
Automated Sewing Systems
Garment Solutions
Production Monitoring System

15/01/2024

Last day at Garment Technology Bangladesh Expo
See you next year 2025.
Stay with-

13/01/2024

Dive into the future of Bangladesh's garment industry with RFID labels! Discover how this revolutionary technology is transforming production, boosting efficiency, and protecting brands.

An Interview with Ahmet ŞENOĞLU, Marketing & Business Development Coordinator SOTEKS

20/12/2023

Fast-track your career at the BTMA-SEIP Job Fair!

Meet recruiters face-to-face, score interviews, and land your dream job on December 30th at the National Institute of Textile Engineering & Research - NITER Campus, Savar. Don't miss out!

Bangladesh Textile Mills Association

09/11/2023

১২ দেশে বাংলাদেশের পোশাক প্রত্যাহার

আমরা বিষয়টি সত্যতা এবং স্পষ্টিকরণ যাচাইয়ের লক্ষ্যে টাইমস অফ টেক্সটাইল নিবেদিত গার্মেন্টস এবং টেক্সটাইল সম্পর্কিত আলোচনা অনুষ্ঠানে আজকে আমাদের অতিথি হিসেবে আছেন অ্যাপারেল মার্চেন্ডাইজার ফাউন্ডেশন অফ বাংলাদেশের চেয়ারম্যান আব্দুল্লাহ আল মামুন।