These firms are alleged to have imported raw materials duty-free under bond arrangements and diverted them to the local market instead of using them to manufacture export goods. The banking data will be cross-checked against import-export records using the ASYCUDA system and other trade databases.
Manufacturing News
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Manufacturing
Bangladesh to take action against factory owners over unpaid wage loans exceeding Taka 700 crore
A total of Taka 701.6 crore was disbursed to 10 industrial groups under a six-month repayment condition following widespread labour unrest triggered by unpaid wages after 5th August last year.
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The BGMEA requested garment factory owners across the country to keep their units closed on 31st December in solidarity with the national mourning announced following the death of former Prime Minister and BNP Chairperson Khaleda Zia.
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Industry leaders say the trend reflects a global shift towards capital-intensive manufacturing, with automated cutting, knitting, dyeing, finishing and sewing technologies rapidly replacing manual processes.
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Leaders from the BGMEA, BKMEA and BTMA have urged the Ministry of Finance to reinstate the cash incentive on local yarn at 5%.
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Manufacturing
Bangladesh clears new gas wells and major power grid upgrades to bolster energy security
Expanding domestic gas production while upgrading the distribution network is expected to reduce disruptions, stabilise energy costs and support sustainable industrial expansion.
