by Manali bhanushali | Jun 8, 2021 | Industry And Cluster, News & Insights
Bangladesh Textile Mills Association (BTMA) said the FY21-22 budget proposals will hinder Bangladesh’s textile industry. Textile millers recently demanded the withdrawal of value-added tax (VAT) and import duty on all kinds of manmade fiber for the potential...
by Millionaires | Jul 6, 2020 | Industry And Cluster, News & Insights
Bangladesh is the largest importer of cotton in the world. The US$8 billion primary textile sector is moving away from importing Indian cotton. Last year, 41% of imported cotton came from East and West African countries. The African cotton is better in...
by Millionaires | Jun 13, 2020 | News & Insights
Bangladesh Textile Mills Association (BTMA) urged the government to further reduce VAT on man-made fibre yarn and withholding tax to help face the challenges amid the Covid-19 pandemic and the global economic downturn. BTMA observed that the global spread of...
