Bureau 555, a joint venture between two entrepreneurs of Bangladesh and the United Kingdom, has been facilitating garment exports through the country’s first digital fabrics development facility in Gulshan, Dhaka.
Shares on the Dhaka Stock Exchange opened marginally higher today, building on the gains in the last three days, reflecting investors’ expectations that the central bank would come up with a monetary policy that would support the market.
Major international clothing retailers and brands are increasing their reliance on the Bangladeshi fabrics made in Bangladesh to produce apparel items, owing mainly to shorten lead time and cut the shipping costs that have gone through the roof.