Dhaka, March 3 -- The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has welcomed the government's decision to release Tk 2,500 crore against outstanding cash incentives for the export-oriented ready-made garment (RMG) and related sectors.

BGMEA President Mahmud Hasan Khan expressed deep gratitude and sincere thanks to the top levels of the government, including the Finance Minister, Commerce Minister, and the Governor of Bangladesh Bank, describing the move as a "critical and timely intervention" during the current crisis in the apparel industry.

BGMEA pushes for quick release of Tk 5,700cr RMG incentives

President Hasan noted that the fund allocation brings significant relief to factory owners who are facing immen...