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US apparel buyers to increase sourcing from Bangladesh: Report

According to a study, 15% of US fashion executives expressed a desire to reduce their sourcing from Vietnam, while 11% aimed to do so from Cambodia and Sri Lanka. Additionally, 7% indicated a similar intention regarding India and Indonesia. ....

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Traders want EDF back to $7 billion

Fearing negative impacts on exports due to the downsizing of the Export Development Fund (EDF) as well as reduction in the amount of loans taken from the fund, traders have called for the EDF to be reverted back to the original state.   In a meeting of the Advisory Committee on Trade Support yesterday at the commerce ministry, traders also said that consumption in ....

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Apparel exporters demand cut in source tax

Apparel exporters have sought a host of tax benefits, including bringing down the tax deducted at source and withdrawing income tax levied on cash incentives in the upcoming fiscal year, in a bid to help the garment industry deal with the current economic stress. ....

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Belgium's Queen Mathilde visits Fakir Apparels in Narayanganj

NARAYANGANJ, Feb 6, 2023 (BSS) -Belgium's Queen Mathilde Marie Christine today visited knit composite manufacturing company Fakir Apparels Limited in ....

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Half-yearly exports rise to $27.3bn | Online Version

Half-yearly exports rise to $27.3bn ....

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