All Finance
14 parties congratulate PM on getting climate award
1,985 nominations shortlisted, 731 rejected after scrutiny
Political leaders missing from the field after calling for a blockade: DB chief
Prime Minister Hasina calls for the conservation of rivers to save the country
BNP's Nipun Roy granted anticipatory bail in 8 cases of destruction and vandalism
Global buyers will buy Bangladeshi garments at higher prices
Dhaka, Nov 10: The American Apparel and Footwear Association (AAFA), a US-based global organization of clothing buyers, has promised to increase the purchase price of Bangladeshi-made clothing due to the increase in workers' wages. AAFA Chief Executive Stephen Lamar said this in an e-mail message sent to Reuters on Thursday.
Proposal to impose 0.5% tax at source on garment exports
Dhaka, March 8: BGMEA and BKMEA, two associations of the garment sector, have proposed to reduce the applicable withholding tax rate from 1 percent to 0.5 percent against exports of ready-made garments for the next five years.
Bangladesh again surpasses Vietnam in garment exports
Dhaka, December 2: Bangladesh has once again secured second position in the global readymade garment export market in 2021. In 2020, Vietnam came second, pushing Bangladesh to third place.
Decline in garment exports after 13 months
Own Correspondent, Dhaka, Oct 3: After 13 months of recovering from the effects of Corona, there has been a decline in Bangladesh's garment exports to the world market again. Exports of ready-made garments decreased by 7.52 percent this month. This information is known from the sources of the Export Development Bureau (EPB).
Demand for Bangladeshi garments increasing in India
Own Correspondent, Dhaka, Sept 17: There is a growing demand for Bangladeshi-made garments among Indians. According to Export Promotion Bureau (EPB) data, readymade garments worth 7 crore 69 lakh 80 thousand dollars were exported to India last July. In the next month of August, India bought garments worth 11 crore 13 lakh 10 thousand dollars from Bangladesh. Bangladesh's garment exports to India increased by 3 crore 43 lakh 30 thousand dollars in one month.
Garment exports to Europe increased by 23%
Own Correspondent, Dhaka, Sept 16: In the first two months (July-August) of the current financial year, Bangladesh's exports of garment products to the European market have increased by 23 percent. Export Promotion Bureau (EPB) reported this on Thursday (September 15).