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Plan big to diversify exports | The Daily Star


Plan big to diversify exports
Experts say
Garment is a success model for Bangladesh’s exports but now is the time to focus on other potential sectors like leather, pharmaceuticals and light engineering, an expert says. Photo: Star/File
Star Business Desk
Star Business Desk
Bangladesh needs to formulate long-term plans on how to enhance its export basket after graduating from the UN s group of Least Developed Countries (LDCs), experts say at a webinar held yesterday.
Related measures could include providing low cost and easy access to finance, adequate policy support along with fiscal and non-fiscal incentives for non-garment export sectors while ensuring equal treatment and skills development, they said. ....

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Let factories run during lockdown | The Daily Star


Let factories run during lockdown
Garment makers urge govt
Star Business Report
Star Business Report
Textile and garment manufacturers and exporters yesterday demanded the government allow keeping factories open during the coming lockdown to help them offset the losses caused by the pandemic.
However, a number of business leaders, who held a virtual meeting with Cabinet Secretary Khandker Anwarul Islam yesterday, said they had received assurance from the government that export-oriented factories would be permitted to operate during the strict lockdown.
After the meeting, Faruque Hassan, the president-elect of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said in a WhatsApp message that it was decided that all export-oriented industries would remain up and running during the lockdown, starting from April 14.   ....

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