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admin — Tue, 14 Jun 2011 12:13:12 +0000

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BID: Turn-Key Project for manufacturing of automobile friction (brake) products

Ivonne.STEIN — Sat, 28 May 2011 05:37:25 +0000

A Turn-Key Project for manufacturing of automobile friction (Brake Pads, Lining & Shoe Assembly, Clutch Facing for Automobile, Train, Any other industrial purpose) products is available for Bangladesh. If this fits to your business and you are seriously interested in setting up this plant please feel free to contact us.

dform

admin — Wed, 25 May 2011 08:21:20 +0000

L’anza

admin — Wed, 25 May 2011 08:19:42 +0000

Living in Dhaka, Bangladesh: Buying Food

Kauser.BHUIYAN — Fri, 20 May 2011 11:14:21 +0000

Urban life in Bangladesh, particularly in the upper-income areas, is changing fast. Just a few years ago it was not possible to buy daily necessary items like vegetables, fruits, fish, meat, milk, diary products, toiletries etc. in one single shop.

But now you can find shops like Agora Superstores at 101 Gulshan Avenue -RM Centre and other similar shops or mini-supermarkets in and around Baridhara, Banani, Dhanmondi and Gulshan areas where wealthy Bangladeshis and most expatriates live.

Vegetables at Agora Superstores in Gulshan, Dhaka, Bangladesh

Bangladeshi Local Fruits at Agora Superstore in Gulshan, Dhaka, Bangladesh

Imported Fruits at Agora Superstore in Gulshan, Dhaka, Bangladesh

Cornflakes and Mueslis at Agora Superstore in Gulshan, Dhaka, Bangladesh

Imported Dairy Products at Agora Superstore in Gulshan, Dhaka, Bangladesh

Imported Canned Food at Agora Superstore in Gulshan, Dhaka, Bangladesh

Alcohol-Free Beverage at Agora Superstore in Gulshan, Dhaka, Bangladesh

Happy Expatriate Shopper in Dhaka, Bangladesh

Bangladesh Ready Made Garments (RMG) Sector at a glance

Kauser.BHUIYAN — Thu, 28 Apr 2011 12:13:42 +0000

World textiles and clothing industry was worth USD 527 billion in 2009 while Bangladesh exported USD 12.75 billion making up 79.33% of its total exports.
Bangladesh Export Promotion Bureau forecasts more than USD 16 billion export in this fiscal year and USD 25 billion by 2013.
The revised Rules of Origin (RoO) adopted by the European Commission, effective since 1 January 2011, allows Bangladesh to continue enjoying GSP advantages even for the imported primary materials like fabrics.
Germany imported more than 11% of total textiles and clothing export from Bangladesh for the period of April – September 2010 and is the largest importer of woven items.
Knitwear is the leading export-earner at USD 6.41 billion, followed by woven wear of USD 5.92 billion and textiles and other products of USD 0.42 billion.
It is estimated that the RMG sector contributes 11-15% to GDP of Bangladesh adding 38% of value to the industrial sector.
Around 4.5 million workers are employed in the textiles and clothing industry of which 80% are women.
The success of the export-oriented clothing industry can be attributed to four key factors: (a) quality, (b) price, (c) lead-time and (d) reliability.
Key investment opportunities in the sector lie in the Primary Textile Sector to strengthen backward linkages in the garment accessory industry and in exporting Bangladeshi branded apparel.
Investments in textile and fashion design training institutes and diversification into manufacture of niche clothing items would provide positive impacts on the sector.

More: Structure of the Textiles & Clothing Industry in Bangladesh

EU vs US Market Access for Bangladesh

Kauser.BHUIYAN — Wed, 23 Mar 2011 05:30:17 +0000

The revised Rules of Origin (RoO) adopted by the European Commission, effective since 1 January 2011, allows Bangladesh to continue enjoying EU’s Generalised System of Preferences or GSP advantages even for the imported primary materials like fabrics. According to the new rules at least one production process must be completed in Bangladesh to be accepted in the EU as product of Bangladesh.

These rules apply not only to the textile products but also for any product but arms for export to the EU market.

In contrast to the EU, the USA does not provide duty-free access for Bangladesh although they enjoy most influence on Bangladesh, almost in every matter. Most recently the USA is using its power to pressurise Bangladesh threatening ”an effect on bilateral relations” in matters such as who should remain chief of the Grameen Bank even when the case is pending at the highest court of Bangladesh.

Mr. Gowher Rizvi, international affairs adviser to the prime minister of Bangladesh made some unusual but clear comments at a luncheon meeting on 22^nd March 2011 while the President of American Chamber of Commerce in Bangladesh threatened US-Bangladesh ‘tension’ (about the same matter) to hurt trade. Mr. Gowher Rizvi said that there were some pending issues with the US, like duty-free access of Bangladeshi products to the US market. Bangladesh paid $500 million in duties to the US government for exporting goods worth $4 billion last year, reports the daily star on 23^rd March 2011.

Textiles and clothing products are subject to 12% duty in the EU. As per GSP rules Bangladesh is exempt from this duty, while India and China must pay 9.6% and 12% duty respectively. Since beginning of 2011 knit export to the EU market has increased sharply, particularly due to the new RoO rules. Now, more than 70% of total knit export from Bangladesh is shipped to one of the EU member countries. These trends are expected to continue.

Focus Centric

admin — Sun, 20 Mar 2011 07:17:14 +0000

Confetti

admin — Sun, 20 Mar 2011 07:17:08 +0000