News in the Media

Some news highlights relevant to RMG sector: Summit in Malaysia: Alamgir Jalil, president of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) announced, Bangladesh Trade and Investment Summit 2016 will be held on December 5 in Malaysia this year aiming to attract foreign direct investment (FDI) to Bangladesh.

November 28, 2016 Some new highlights relevant to RMG sector: TICFA: The first meeting of Bangladesh government with the US authority under the Trade and Investment Cooperation Framework Agreement(Ticfa) is likely to be held on April 6, 2017

Some new highlights relevant to RMG sector: Moazzem said, Bangladesh government could follow three principles in selecting products for offering concession under APTA regime. Read more: http://print.thefinancialexpress-bd.com/2016/11/24/157593

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.

Khondaker Golam Moazzem told the FE the government could follow three principles in selecting products for offering concession under APTA regime.

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.

Published in The Financial Express on Tuesday, 22 November 2016 Monira Munni Bangladesh’s apparel exports to some emerging and traditional markets declined during the first quarter of the current fiscal year (FY) 2016-17 over that of the corresponding period of the last ...