News Flash

Some new highlights relevant to RMG sector: PM’s Hungary Visit: Among the high-powered Bangladesh business delegation accompanying the Prime Minister Sheikh Hasina to Hungary are Presidents of BGMEA, BKMEA, and FBCCI, who will be presenting on export items including RMG from Bangladesh to Hungary.

November 25, 2016 Some new highlights relevant to RMG sector: • Top Taxpayers Awarded: The seven leading RMG companies were awarded as top taxpayers are: Youngone Hi-Tech Sportswear, Refat Garments, Pacific Jeans, Ring Shine Textile, Fareast Knitting and Dyeing Industries, That’s It Sportswear and SIM Fabrics.

Some new highlights relevant to RMG sector: OTEXA Report: According to the Office of Textiles and Apparel (OTEXA), USA, among the leading six RMG exporters to USA, only Bangladesh and Vietnam continued in an increasing trend since last year.

Some new highlights relevant to RMG sector: • TPP: US President-elect, Donald Trump promises to quit the Trans-Pacific Partnership (TPP), worries Japan while Australia states that it plans to go ahead nonetheless. Experts think Bangladesh needs to consider being part of the TPP as the negotiation might be revised without USA participating.

Some RMG industry related news from media today are: Accord: Accord, the garment factory inspection agency sponsored by the European retailers, is presently in discussion with the government of Bangladesh to extend its tenure beyond June 2018, by another three years to 2021.