Bangladesh is hopeful of securing tariff concessions from the United States after President Donald Trump announced plans to reduce the additional tariffs on Vietnamese goods from 46 per cent to 20 per cent.
Business News
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Trade Data
BGMEA leaders and M&S executives discuss growth and collaboration in Bangladesh RMG Sector
Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and executives from Marks & Spencer (M&S) convened for a high-level discussion aimed at advancing Bangladesh’s ready-made garment (RMG) industry and exploring new avenues for collaboration.
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Policy
Bangladesh garment industry seeks loan repayment extension and policy reforms to sustain growth
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to extend the deadline for loan repayments from three months to six months, a move that could potentially save 500 to 600 readymade garment (RMG) factories from classification as non-performing loans.
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The Bangladesh government has decided to assign Bangladesh Navy the responsibility of managing the New Mooring Container Terminal (NCT) at Chattogram port for the next six months, starting from 7th July.
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Small and medium enterprises (SMEs), the backbone of Bangladesh's economy and employment, face mounting challenges as high interest rates threaten their growth and sustainability.
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Bangladesh’s Ready-Made Garment (RMG) sector saw exports worth US $ 2.79 billion in June 2025, reflecting a 6.31% decline compared to the same month last year, according to the latest data from the Export Promotion Bureau (EPB).
