Tag: BKMEA

7 news articles tagged with "BKMEA"

Policy & Regulation ★ Editor's Pick Jul 25, 2026

Bangladesh Raises Cash Incentive on Local Yarn Usage from 1.5% to 5% to Revive Textile Sector

The Bangladesh government has increased the cash incentive for export-oriented factories using locally produced yarn from 1.5% to 5%, replacing bonded warehouse and duty drawback facilities. The Tk 35 billion move aims to curb yarn imports from India and revive the struggling textile sector.

RMG & Textile ★ Editor's Pick Jul 21, 2026

BKMEA and Swaniti Initiative Explore Regional Alliance to Decarbonize South Asian Apparel

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has held a strategic meeting with India's Swaniti Initiative to discuss a proposed Indo-Bangla Textile Decarbonization Platform aimed at accelerating apparel sector decarbonization across South Asia.

RMG & Textile ★ Editor's Pick Jul 12, 2026

Bangladesh Retains 2nd Position as US Apparel Supplier as Vietnam Extends Lead

Bangladesh has maintained its position as the second-largest apparel exporter to the US market in the first five months of 2026, despite an 8.1% decline in exports to $3.25 billion. Vietnam solidified its top position with $6.39 billion, while China's exports dropped 42.75% as US buyers shift away.

RMG & Textile ★ Editor's Pick Jul 30, 2026

Gas Crisis Halves Bangladesh Textile Output as BGMEA, BKMEA and BTMA Seek Urgent Action

Bangladesh's textile millers report production cut nearly in half as acute gas crisis grips the industry following an LNG terminal shutdown. BGMEA, BKMEA, and BTMA leaders have met PM Tarique Rahman seeking urgent action, with the crisis expected to continue until August 8.

Trade & Commerce ★ Editor's Pick Jul 26, 2026

Bangladesh Targets $63.4 Billion in Exports for FY27 Despite Global Headwinds

The Bangladesh government has set an ambitious $63.4 billion export target for FY2026-27, representing 15% growth over the previous year. Economists and industry leaders warn the goal may be difficult to achieve amid US tariffs, energy shortages, and sluggish global demand.

Logistics & Shipping Jul 26, 2026

Bangladesh Gas Supply at Risk as Damaged FSRU Repair Could Take a Week

Bangladesh faces gas supply uncertainty as the damaged Floating Storage and Regasification Unit (FSRU) may take at least a week for even partial repair. The government hopes to resume partial operations within a week.

RMG & Textile Jul 21, 2026

BKMEA President Charts AI and Sustainability as Future Pillars at BAYLA Summit 2026

BKMEA President Mohammad Hatem highlighted AI, sustainability, and future leadership as key pillars for Bangladesh knitwear industry at the BAYLA Future Summit 2026.

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