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Good sides apart, new duty regime worries trade bodies

Leading trade bodies found some solace in the proposed budget for the 2024-25 fiscal year with measures such as the reduction of required deposit from 20% to 10% of a disputed amount of VAT claim to appeal against it and allowing the import of 17 textile goods at a reduced rate. However, they also identified several challenges that could potentially harm industries, ....

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Exports slide 16% in May

Bangladesh export earnings May 2024: Merchandise exports from Bangladesh declined 16.06 percent year-on-year to $4.07 billion in May due to the poor performance of major sectors such as garments, jute and jute goods, and leather and leather products, official figures showed yesterday. ....

Saiful Islam , Mannan Kochi , Exporters Association , Promotion Bureau , Bangladesh Jute Spinners Association , European Union , Export Promotion Bureau , Bangladesh Garment Manufacturers ,

BGMEA seeks policy support, pushes for making tax at source at 0.50%

Apparel exporters seek cash incentive until 2029 ....

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RMG export prices fall by 16% in 8 months: BGMEA

RMG export prices fall by 16% in 8 months: BGMEA
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Mannan Kochi , Pan Pacific Sonargaon , European Union , Exporters Association , Bangladesh Garment Manufacturers ,

Budget faces added pressure from businesses

Business leaders argue that aggressive revenue targets for the upcoming fiscal year could harm domestic industry and production ....

Mohammad Hatem , Rahmatul Muneem , Sheikh Hasina , Mannan Kochi , Abul Hassan Mahmood Ali , Mahbubul Alam , Chattogram Development Authority , Housing Association Of Bangladesh , Federation Of Bangladesh Chambers Commerce , Exporters Association , Dealers Association , International Monetary Fund , National Board Of Revenue , Bangladesh Bank , Hassan Mahmood Ali , National Board , Prime Minister Sheikh Hasina , Bangladesh Knitwear Manufacturers , Bangladesh Chambers , Garment Manufacturers , Real Estate , Housing Association , Chattogram Development , Habib Ullah Dawn , Bangladesh Reconditioned Vehicles Importers , Abu Hena Md Rahmatul Muneem ,