The interim government has decided to uphold the existing export incentives and cash assistance programs for 43 sectors from July to December of the current fiscal year to bolster the country's export efforts.
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The Bangladesh Garment Buying House Association (BGBA) recently hosted a key committee meeting under the leadership of Md. Morshed Alam, Vice President of BGBA, as per reports.
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Unifa Accessories (BD) Co Ltd, a company registered in the British Virgin Islands with ownership ties to China, has announced plans to invest US $ 48.66 million in establishing a manufacturing facility within Bangladesh’s Bepza Economic Zone (Bepza EZ) in Mirsharai, Chittagong.
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Fast Retailing’s Chief Financial Officer, Takeshi Okazaki, stated during the company’s quarterly earnings conference that it is inevitable they will face a significant impact in the autumn and winter seasons.
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New tariff notices were issued to Algeria, Brunei, Iraq, Libya, Moldova, the Philippines, and Sri Lanka, in addition to Brazil, which would be subject to the highest rate, with Canada being the latest country to have an increased tariff rate imposed.
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Due to delays in BIS licensing, the implementation of QCO on imported VSF since March 2023 has limited access to competitively priced imported VSF from China, Thailand, and Indonesia.