[ { "Section": "news", "Text": "REKOOP 2.0 - RECYCLED WITH CERTAINTY | Sustainable | Traceable | Innovative", "LandingURL": "https://adsclick.fibre2fashion.com/app/clk/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8Mq1Oc4w3Yu+G832e0CSDUiL8CDz6aNI3ifI7B86PwTSXvE9Lzil4Eg0VwhO5SFrCt7r+/LpDMPLK5+r0VuY6SBkHaI4ika8MoI7zfxNzLEhEjvGqBkX9ffWFo6f+gi0q08vNO6CbqB4eN34GRGtQzxSRVBRaHC4CwNFQoXoX0GDUx7iPrPJhndOKB8rexSHwsoSVDVe7E/NBBYAMbj75+dFmYiA6DH1TKw1b9HwZ3JXV8b6A8RVlXqytYOqXTJHK1s7D47gdDPStWPX+DMaJpjOdFu3cq4SBiShFTOfOH9QI/cZKrSkyHQtIuJsLnd1ObioxRlGDhodDyIgNc3ReoOPHAjLRPOD6pyJmwdaHwCWg4=", "Order": "1", "Type": null, "ImpressionURL": "https://adsclick.fibre2fashion.com/app/imp/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8Mq1Oc4w3Yu+G832e0CSDUiL8CDz6aNI3ifI7B86PwTSXvE9Lzil4Eg0VwhO5SFrCt7r+/LpDMPLK5+r0VuY6SBkHaI4ika8MoI7zfxNzLEhEjvGqBkX9ffWFo6f+gi0q08vNO6CbqB4eN34GRGtQzxSRVBRaHC4CwNFQoXoX0GDUx7iPrPJhndOKB8rexSHwsoSVDVe7E/NBBYAMbj75+dFmYiA6DH1TKw1b9HwZ3JXV8b6A8RVlXqytYOqXTJHK1s7D47gdDPStWPX+DMaJpjOdFu3cq4SBiShFTOfOH9QI/cZKrSkyHQtIuJsLnd1ObioxRlGDhodDyIgNc3ReoOPHAjLRPOD6pyJmwdaHwCWg4=" }, { "Section": "news", "Text": "Sustainability goes CIRCULAR | Be a part of our Initiative | Know More", "LandingURL": "https://adsclick.fibre2fashion.com/app/clk/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8MqFG1JK+7DlGeFWtEiUV5qh5vokXqpu0uPvPpxWAb0jutY7a+4wESKGh6j0Z0wx9Q8SC/hYYdPstaqg50huZQ1W3URAZhdIsFc8C0Cpnz5gCGp3Nfn0KEWpmHWivXVakVJyENF/ssjHyUYA3PApZTXUrVgSwRdh54r6+iXKMvJioLg8//Pmt8uqOhk0Id2cDXDqK8j3jtn1Lt/FDzABvfZYkZcvs+Fp9grgexBA1z18bWdH8BZ6Sr3gCFLCihDdetzvikgWlqCMoDZ/c7cRNEBkNgxGXN+GY9lvqwzNd1cfpr1p51X4XJDTStIiHxgCwtTrvQSskkHAy/xsMXop9Y3104wFlSwhSgELpJTG5LrSITjd31v9jvPZEJNdWpwsXBwCEqzIfH7tsfG0sdjH7dCtbs/qD2jSrTYQ74NgXLmQsptK/+FWtTcHte4bIoE4fzsZUIUaqcCvaY=", "Order": "1", "Type": null, "ImpressionURL": "https://adsclick.fibre2fashion.com/app/imp/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8MqFG1JK+7DlGeFWtEiUV5qh5vokXqpu0uPvPpxWAb0jutY7a+4wESKGh6j0Z0wx9Q8SC/hYYdPstaqg50huZQ1W3URAZhdIsFc8C0Cpnz5gCGp3Nfn0KEWpmHWivXVakVJyENF/ssjHyUYA3PApZTXUrVgSwRdh54r6+iXKMvJioLg8//Pmt8uqOhk0Id2cDXDqK8j3jtn1Lt/FDzABvfZYkZcvs+Fp9grgexBA1z18bWdH8BZ6Sr3gCFLCihDdetzvikgWlqCMoDZ/c7cRNEBkNgxGXN+GY9lvqwzNd1cfpr1p51X4XJDTStIiHxgCwtTrvQSskkHAy/xsMXop9Y3104wFlSwhSgELpJTG5LrSITjd31v9jvPZEJNdWpwsXBwCEqzIfH7tsfG0sdjH7dCtbs/qD2jSrTYQ74NgXLmQsptK/+FWtTcHte4bIoE4fzsZUIUaqcCvaY=" } ]

InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Home / Knowledge / News / Apparel/Garments / BGMEA demands Tk 649-cr loan waiver for 133 sick factories

BGMEA demands Tk 649-cr loan waiver for 133 sick factories

31
Oct '19

Pic: Shutterstock

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently demanded exemption from repayment of at least Tk 649 crore in principal amount of loans and interests for 133 ‘sick’ readymade garment (RMG) units. BGMEA president Rubana Huq requested finance minister AHM Mustafa Kamal for 1 per cent special cash incentive without any condition.

In the budget for fiscal 2019-20, the government had announced 1 per cent cash incentive for RMG exporters, but the Bangladesh Bank imposed some conditions to avail the benefit.

BGMEA president’s charter of demands included rescheduling facility for small and medium garment enterprises and allowing factories to cancel or renew their licences with the waiver of all outstanding taxes.

She also demanded compensation for the sector through additional provision of Tk 2-5 against each dollar on the value they retained and retrospective effect of 0.25 per cent source tax from July.

She urged the minister to set the maximum interest rate for packing credit and to allow higher advance payment for defined category and also demanded a special fund for innovation to ensure product diversification to remain competitive in the world market.

Fibre2Fashion News Desk (DS)

More Bangladesh Garment Manufacturers and Exporters Association (BGMEA). News... More Apparel/Garments News - Bangladesh...