The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has called on the Government of Bangladesh to initiate diplomatic talks immediately to remove India's land port restriction on Bangladeshi exports for at least three months.
Business News
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Trade Data
Bangladesh Government announces plan to amend NBR ordinance amid ongoing employee protests
The Government has indicated it will amend the recently enacted ordinance that led to the splitting of the National Board of Revenue (NBR), amid continued protests from NBR employees.
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Sustainability
Top US trade groups urge Bangladesh to improve labour rights and drop criminal cases against worker leaders
The Fair Labour Association (FLA) and the American Apparel & Footwear Association (AAFA) have urged the Government to dismiss criminal charges against labour organisers and free imprisoned workers.
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In an effort to improve trade ties with the United States, the government of Bangladesh is thinking about removing import taxes on about 100 goods. This action, which attempts to close the trade deficit, comes as the two countries continue to negotiate tariff rates.
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Sustainability
Factory owners ordered to pay workers by 28th May or face jail, warns Adviser Sakhawat
Shipping Adviser Brig Gen (Retired) M Sakhawat Hossain revealed that Bangladeshi garment factory owners have been given a severe deadline of 28th May to pay the overdue payments of their workers, failing which they risk arrest and possible incarceration.
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The National Board of Revenue (NBR) has declared that, in order to guarantee continuous import and export operations before Eid-ul-Azha, all Customs Houses and Stations nationwide will continue to operate throughout weekly and public holidays from 5th-14th June, excluding Eid day.
