২০২০-’২১ সালে পোশাক রফতানির লক্ষ্যমাত্রা ৫০ বিলিয়ন ডলার নির্ধারণ করা হয়েছে বলে জানিয়েছেন বস্ত্র ও পাট মন্ত্রণালয়ের সচিব লোকমান হোসেন মিয়া। মঙ্গলবার সকালে সচিবালয়ের বস্ত্র ও পাট মন্ত্রণালয়ের সম্মেলন কক্ষে এক সংবাদ সম্মেলনে এ কথা জানান তিনি। ‘জাতীয় বস্ত্র দিবস ’এবং আগামী...
Indian high commissioner to Bangladesh Riva Ganguly Das recently met Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Rubana Huq at the latter’s office to discuss ways to further move forward existing trade relations between the two countries. Ganguly Das said the duty-free export of Bangladeshi apparel...
The government has so far announced a set of stimulus packages worth around $11.90 billion (Taka 1.011 trillion to offset the COVID-19 shock on various sectors of the country and minimise the sufferings of the people hit hard by the nationwide shutdown enforced to fend off the...
A 2019-20 action plan to implement the memorandum of understanding (MoU) between the Belarusian state light industry concern Bellegprom and Uztekstilprom Association was agreed to during the recent Global Textile Days-Tashkent 2019 event. The plan stipulates measures to invigorate cooperation in textile, apparel and knitwear enterprises between...
In the proposed budget, the export-oriented yarn producers are exempted from VAT. However, the government imposed 5 per cent VAT on sale of yarn for local markets. The yarn makers who are catering to the local markets mainly will have to face Tk 24 as VAT on...
Some 125 publicly-traded companies in the manufacturing and service sectors have expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among them, 116 companies are in the manufacturing sector, such as RMG, cement, ceramics, engineering, and tannery sector. The other nine are in the real estate and service sector. These companies are...
President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Dr Rubana Huq urged the owners to consider closure of their factories as the nation is fighting to prevent the spread of coronavirus. In a message, she said Prime Minister Sheikh Hasina gave specific guidance to fight COVID-19 and asked to take...
The export of personal protective equipment (PPE) has opened a new avenue for apparel manufacturers of Bangladesh who are reeling from order cancellations and downswings of exports in the Covid-19 pandemic. According to figures by the Export Promotion Bureau (EPB), PPEs, including masks, gloves, and gowns, have...
A three-day apparel sourcing exhibition ‘Apparel Textile Sourcing Canada (ATSC)’ will begin at the International Centre in Toronto of Canada on August 19. “Like many other countries, Bangladeshi business entities will take part in the tradeshow for promoting Bangladeshi products in the Canadian market,” Export Promotion Bureau...
Bangladesh’s export earnings in April declined by 82.85 per cent year-on-year as the demand for goods shrank on the global market and the production remained suspended in the country in the month due to the global coronavirus outbreak. The country’s single month export earnings in April this...