BGMEA calls on the government to retain 0.5% tax at source for exports
BGMEA calls on the government to retain 0.5% tax at source for exports
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BGMEA calls on the government to retain 0.5% tax at source for exports
At least $8.3m apparels were waiting for export at fire-ravaged Bangladesh depot
Bangladesh earned $3.83 billion in merchandise exports in May, the lowest in nine months, as buoyancy in demand ebbed owing to higher inflation, according to data released by the Export Promotion Bureau (EPB) today.
The textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly.
Two of Thailand’s economic engines are beginning to roar again after being ravaged by falling foreign demand during the Covid-19 crisis. The textile and garment industries suffered severe impacts in 2020, with 3,000 factories forced to switch to sewing face masks and PPE suits to survive.