Govt weighs cash incentives for local yarn, bonded import rules via committee

Dhaka, Feb. 4 -- The Ministry of Finance has formed a technical committee to identify and evaluate policy options to address the ongoing yarn issue involving local spinners and garment exporters, meet... Read More

Apparel leaders push for cash incentive changes to aid spinners

Dhaka, Feb. 3 -- Leaders of the apparel and textile sector have urged the government to overhaul the existing cash incentive structure to enhance the competitiveness of local spinning mills. Without ... Read More

Millers urge expansion of EDF, interest cut to sustain primary textile exports

Dhaka, Jan. 31 -- Primary textile-industry owners have urged Bangladesh Bank to increase the Export Development Fund (EDF) limit and cut its interest rate to help protect the export competitiveness of... Read More

Textile millers seek BB intervention for recovery

Dhaka, Jan. 28 -- Textile millers have sought the Bangladesh Bank's urgent intervention to recover $8.71 million in outstanding payments tied to more than 150 accepted and matured bills that have rema... Read More

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