Exports of leather and leather goods crossed $1 billion for the second year in fiscal 2014-15, according to data from the Export Promotion Bureau. In 2014-15, Bangladesh exported leather and leather goods worth $1.13 billion, compared with $1.12 billion in the previous fiscal year, making it the second highest contributor to national exports after garment.…
Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) has commenced a new initiative on Saturday 01 August 2015, to further the vision of making Bangladesh Leather sector Green and sustainable. In addition to its regular compliance drive, LFMEAB has undertaken a collaborative project titled “Implementation of Environmental Management Systems and Eco-Labelling Schemes in…
In the fiscal year 2015, exports rose only by 3.36 percent year-on-year to more than US$31 billion from over $30 billion in the last fiscal year, lowest in 13 years. An analysis of the Export Promotion Bureau’s export data shows that the country’s major export products such as woven garments, knitwear, home textile, leather footwear…
In the history of Bangladesh, the government for the first time accepted the fact that annual exports will incline, blaming it on two major currencies that have lost value. Vice Chairman of Export Promotion Bureau Shubhashish Bose said that “Even after exporting more than the target, relatively export earning is lower because of the fall…
Balance of payments (BoP) is under pressures as country’s overall trade deficit amplified over 53 per cent by official count in the first 11 months of the just-concluded fiscal year (FY). The BoP glided into negative terrain as higher import payments far surpassed export receipts. The trade deficit rose to $9.46 billion during the July-May…
A number of footwear manufacturers are expanding business networks, pinning their hopes on brisk sales ahead of the Eid. Local sales of footwear hover between Tk 6,000 and Tk 7,000 crore a year, and 40 percent of the turnover comes during the Eid-ul-Fitr, said Abu Taher, chairman of Bangladesh Finished Leather, Leather Goods and Footwear…
A training program titled “Fundamentals of Green Financing” was held at Bangladesh Foreign Trade Institute (BFTI), TCB Bhaban (5th Floor), 1 Kawran Bazar, Dhaka-1215 on Saturday, 27th June, 2015. The training was organized by Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) and supported by Leather Sector Business Promotion Council (LSBPC). Different factory…
Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) and Leather Sector Business Promotion Council (LSBPC) jointly organized a day long training program titled “Quality Control in Leather Goods Production Process” held at Picard Bangladesh Limited, Pukurpar, Kondalbag, Zirabo, Savar, Dhaka-1341 on 24th June, 2015. Ms.Kazi Roushan Ara, Executive Director, LFMEAB, Mr.Ghulam Mustafa, General…
Under the initiative of the European Union funded Inspired Lot 1 B Project, “Support for the development of the value added leather products (footwear and leather goods) clusters and value chain”- Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) arranged a training program on Occupational Health & Safety (OHS) and Environmental Management System…
Under the initiative of Bangladesh Inspired Lot 2 Project, “Strengthening the Capacity of Leather goods and Footwear Manufacturers & Exporters Association of Bangladesh established a CAD-CAM Center, through the inauguration of a Basic CAD-CAM Training on Shoe Master on 10th June at COEL Centre, Gazipur. This training will continue for 7 seven days and is…