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Keep factories open during pandemic: Garment, textile makers urge govt
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RMG factories to remain open during lockdown-546650
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RMG exporters want factories up and running
Union leaders favour closure with full payment as lockdown looms
If lockdown is imposed, garment suppliers will face work order cancellation, deferred payment, and expensive air shipment, an exporter said. Photo: Star/file
Garment factory owners and union leaders are at loggerheads over the imminent tough lockdown the government is set to impose across the country to curb the rising cases of coronavirus infections.
Owners want to keep their factories up and running, while union leaders called for a closure of factories and a full payment of the wages for workers during the lockdown period.
Ease stimulus conditions for SMEs | The Daily Star
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GSP Plus threshold needs to be negotiated: expert
Debapriya Bhattacharya Star Business Report Star Business Report
Bangladesh needs to negotiate with the European Union (EU) over the trade threshold for enjoying the Generalised System of Preferences (GSP) Plus once it graduates from the least developed country category, said a noted economist on Wednesday.
The EU s GSP Plus status allows countries duty-free export to the trade bloc. To be eligible, a country cannot account for over 7.4 per cent of the EU s annual imports.
However, Bangladesh has already crossed the threshold and it is already at 26 per cent now, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).