Related Keywords: Bangladesh garment industry, behind export target reach, BGMEA, concern over drop in productivities, cut in price of its product, demand halving tax at source, devaluation of US dollars, facing myriad challenges of gas and power crisis, high interest rate of bank loans, largest trade association, may close garment factories, no value added tax
Bangladesh Garment Manufacturers and Exporters Associations (BGMEA) one of the largest trade associations in the country, representing the readymade garment industry expressed concern over the drop in productivities due to various reason as a result in past three years 618 factories shut down.
President Siddiqur Rahman yesterday said that Bangladeshs garment industry was facing myriad challenges of gas and power crisis, high interest rate of bank loans, devaluation of US dollars and cut in price of its product.
