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Export of leather and leather goods from Bangladesh rebounded strongly after more than two years thanks to higher shipments to non-traditional markets and the US-China trade war, exporters said.
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Exports brought home record amounts in July, in a development that will bring a huge sigh of relief for the government battling sizeable balance of payments deficit.
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Tanners will start buying rawhide from merchants today amid a slump in prices and dumping of 35 percent rawhide after the Eid-ul-Azha.
“We have already conveyed the message to our members that we will start buying salt-applied rawhide from tomorrow [today].
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British retail giant Primark has suspended business ties with some garment factories in Bangladesh, which had terminated 427 workers for their alleged involvement in agitations during December 2018 and January 2019 demanding a wage hike.
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Visionary entrepreneur Qamrun Nahar Zahir has led Ananta Group from the front to help its annual turnover to cross $300 million last year.
