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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.
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.
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.
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).
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).