Bangladesh has emerged as an economic success story, primarily through its booming ready-made garments (RMG) sector.

Beximco's problems are evidence of a number of ongoing problems in the garment industry.

Any barrier to exporters’ operations should be removed

Govt must prevent further disruptions, minimise damage

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).

Bangladesh’s garment sector has firmly weathered the storm of Covid-19 and emerged stronger in spite of the hardships, reaffirming its position as a leader in sustainable and responsible business.

Garment export to the US fell 24.75 percent year-on-year to $6.35 billion in January-October this year

The Customs Intelligence and Investigation Directorate (CIID) has unearthed that four Dhaka-based apparel exporters laundered Tk 382 crore using fake documents.

Apparel shipments to the European Union (EU) grew 41.76 per cent year-on-year to hit $19.40 billion in the January-October period of 2022, according to data from Eurostat, the statistics department of the EU.