“Maksons Group’s sister company planned to establish an export-oriented comprehensive textile enterprise. The company is expected to start commercial operation in Sep 2010 and it will use yarn to produce 8.7 million yards of finished fabric. ..Experts said that Bangladesh’s garment exports will recover rapidly in 2008/09 fiscal year since the main competitive countries, including China, have lost competitiveness due to their higher labor costs. ..
Date:6/2/2009
Source:CCFGroup.com