Bangladesh Boosts Incentives for Local-Yarn Garment Exports
Bangladesh’s export-oriented ready-made garment (RMG) sector is poised to receive a significant policy boost as the government actively considers raising cash incentives for apparel manufactured using domestically produced yarn. The proposal under review suggests increasing the current 1.5 per cent cash incentive to a maximum of 5 per cent. This additional 3.5 percentage points would […]
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