A Presidential Decree “On Measures to Improve the Financial and Economic Status of Enterprises in the Cotton Industry” was signed. According to the Decree, the following measures are outlined to financially rehabilitate cotton-textile clusters: Clusters that fully repay the concessional loans provided by commercial banks for cotton cultivation in 2023 using funds from the State…
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The Export Promotion Bureau (EPB) is taking more time than it usually does to release the export data for June apparently because of the shock following the central bank’s correction of overseas sales figures. Bangladesh Bank data showed on Wednesday that actual exports in July-April of fiscal year 2023-24 were nearly $14 billion below the…
From September 8-10, the International Textile Manufacturers Federation (ITMF) and the International Apparel Federation (IAF) are jointly holding their annual convention for the first time in their histories at Silk Road city of Samarkand, Uzbekistan. IAF and ITMF organize it with their mutual Uzbek member, the Uzbek Textile & Apparel Industry Association. The theme of…
A Cabinet committee on procurement has approved the proposal to buy LNG cargo worth Tk609.27 crore from the United States. This is the 21st LNG cargo to have been approved for import this year, Cabinet Secretary (Coordination) Mahmudul Hossain Khan told reporters following a Cabinet meeting today (3 July). A total of nine proposals were…
Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan plans to join the World Trade Organization (WTO) before the 14th ministerial conference, which will be held in Cameroon in 2026. This was announced by Deputy Prime Minister Jamshid Khojaev, who headed the country’s delegation at the eighth meeting of the working group on Uzbekistan’s accession to the WTO. In his…