BGMEA

Yarn is an essential primary raw material for the readymade garment industry. Recently, the government withdrew the bond facility for yarn import, sparking dissatisfaction among entrepreneurs in Bangladesh’s main export sector. In a letter sent to the ministry, apparel exporters raised a demand for the urgent withdrawal of this government decision. BGMEA President Mahmud Hasan Khan and BKMEA President Mohammad Hatem jointly signed the letter, signaling that garment factory owners want...

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has called for large-scale financing to improve water management, wastewater treatment and recycling in the ready-made garment sector. The organization also urged the expansion of World Bank-supported projects to garment industrial zones outside Dhaka.BGMEA presented these proposals during a meeting with a high-level World Bank delegation at the BGMEA Complex in Uttara, Dhaka, on Wednesday.BGMEA President Mahmud Hasan Khan sa...

Gas-cargo shortages have further depleted the supply of Liquefied Natural Gas (LNG), disrupting electricity generation at gas-based power plants at a time when electricity demand is surging. Meanwhile, shortages of coal and liquid fuel, alongside maintenance issues and technical glitches, have constrained overall power generation, driving up load shedding across the country. Officials from the Power, Energy, and Mineral Resources Division have said gas supplies will not improve until LNG imports...

Top four business organizations in the country have demanded compensation by determining the liability for goods damaged inside the protected area of the Chittagong Port due to heavy rain. They have also requested a waiver of various fees for goods that remained stuck for a long time due to waterlogging. At the same time, they strongly criticized the language used in the notice issued by the Chittagong Port Authority, which rejected the compensation claims under the pretext of an "Act of God."Se...

Around 94.70 percent of active garment factories in Dhaka and Chattogram have fully paid Eid bonuses to their workers on the occasion of the upcoming Eid-ul-Adha, according to an official statement issued on Monday by the Bangladesh Garment Manufacturers and Exporters Association.The BGMEA statement...