BTMA concerns over banks avoid LC opening
Bangladesh Textile Mills Association (BTMA) recently expressed worry that most commercial banks avoid opening letter of credit (LC) under Export Development Fund (EDF), UPAS (Usance
Tag : BTMA
Zone-wise industry holiday is not applicable for captive power operated textile mills: BTMA
Recently Bangladesh government has issued a roster for a zone-based weekly leave for industrial units across the country to resolve the surge in load shedding
BTMA urges tax cut on imported of manmade fibers in 2022-23 budget
Bangladesh Textile Mills Association (BTMA) recently pressed the government for the removal of tax on the import of man-made fiber (MMF) and decrease of VAT
Textile millers want cut in VAT on all kinds of yarn
Bangladesh Textile Mills Association (BTMA) urged the government to set value-added tax (VAT) on all kinds of yarn at Tk3 per kilogram in the next
Textile industry lost $1.75bn due to gas crisis in 3 months
In the last 3 months, the Bangladesh textile industry lost $1.75 billion due to the gas crisis. This unsettling reality surfaced in a press conference
BTMA pursues 100% duty immunity for all types of fibers
The Bangladesh Textile Mills Association (BTMA) is seeking 100% import duty exemption for all types of fibers as the global demand for diversified garments has
Five leaders from BTMA receive CIP status
The Ministry of Commerce has awarded Commercially Important Persons (CIP) cards to 176 business people on Thursday for their commendable performance in the country’s trade
Mohammad Ali Khokon honored second-time with CIP status
Mohammad Ali Khokon, President, BTMA has been honored with CIP cards for the second time from the exports category. Twenty-seven apparel entrepreneurs received commercially important
BTMA urges to raise EDF loan cap by December 2022
Recently the Bangladesh Textile Mills Association (BTMA) demanded an increase and extension to the loan limit from the Export Development Fund (EDF) for millers from
Gas supply shortage hampering textile mills
Gas supply shortage turning captive power plants out of action, shutting down production at textile mills in some areas in Savar, Narayanganj, Dhamrai, Manikganj, Gazipur
