Bangladesh Garment Manufacturers and Exporters Association (BGMEA)
MasterCard prepaid card launched for RMG wage payment
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and MasterCard today launched co-branded credit cards for the BGMEA members and prepaid cards for more than 4.5 million garment workers.
Businesses to keep factories shut once a week to save power
Businesses today agreed to implement the government’s instruction to go for zone-wise weekly shut down of industries to save electricity and continue production in mills and factories.
BGMEA seeks IMF’s cooperation to reach $100 billion export target
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought cooperation from the International Monetary Fund (IMF) to achieve the $100 billion garment export target by 2030.
Apparel shipment to US logs record 51% rise
Garment exports to Bangladesh’s single largest destination, the USA, rose by 51.57 per cent year-on-year to $9.01 billion in the just concluded fiscal year.
BGMEA targets $100 billion garment export by 2030
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) targets exporting $100 billion worth garment items from the country by 2030 as the local apparel suppliers are diversifying the products and markets.
Quickly release of goods from BM Container Depot: BGMEA
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the call in a meeting with Abu Hena Md Rahmatul Muneem, chairman of the National Board of Revenue (NBR), at the latter’s office in Dhaka today.
Soaring global inflation to erode apparel demand
Apparel manufacturers yesterday expressed concerns over an alarming rise in global inflation, citing that increasing prices may affect the purchasing power of end-consumers in export destinations and cause demand for garment items to fall.
BGMEA urges Switzerland for extension of duty-free access
The garment makers' platform today urged Switzerland to extend duty-free access to Bangladeshi apparels for 10 years under the Everything but Arms scheme to ensure smooth transition of Bangladesh to a developing country
RMG factories will not reopen on April 26: BGMEA president
Readymade garment (RMG) factories across the country are not reopening on April 26 as per the previous decision by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), according to the president of the association, Rubana Huq.
PM urges BGMEA leaders to be watchful against propaganda
Prime Minister Sheikh Hasina calls upon the country’s businesspersons to stay alert against the propaganda now being carried out against the government as this is ultimately affecting the businesses.
HC declares local companies citizens of the country
The High Court declares Bangladeshi companies as citizens of the country.