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cash+incentives
2016-02-01 13:09:00
Bangladeshi govt to reduce tax for garment manufacturers
In order to help exporters upgrade factories and boost investments, government of Bangladesh is set to revive the option of reduced corporate tax rate for the garment sector. From fiscal year
2015-04-14 10:00:00
Ethiopia envisions USD 1bn revenue from textile export in GTP II
The Ethiopian government extends attractive incentive packages to boost production of the manufacturing industry subsector in an attempt to make the nation a major exporter of textile products.
2015-03-31 10:00:00
Home textile producers from Faisalabad in crisis for the second time in seven years
Globally, depreciation of the euro and the crisis in the eurozone, as well as plummet in international cotton prices has adversely affected export of home textiles and finished fabrics put a majority
2015-03-16 12:15:00
Global demand lures Bangladeshi home textile manufacturers to make invest
Bangladeshi home textile entrepreneurs despite challenges like European Union’s GSP facility to Pakistan and current political turmoil are lured to make more investment in the sector due to
2015-03-07 11:00:00
Bangladeshi terry towel makers badly hit due to drop in cotton price
More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton prices across the global as they are gradually losing international competition. The
2015-01-31 15:00:00
Pakistani value-added textile sector in immense problem as Rs 205 bn refund claims stuck up with FBR
Pakistan value-added textile sector hamstrung by cash crunch as more than Rs 205 billion refunds has been stuck up with the government. Federal Board of Revenue (FBR) still withholds more than Rs 13
2014-11-03 14:00:00
Pakistan exporter disappointed with the delay in approval of the second five year textile policy 2014-19
Pakistan exporters disappointed with the decision of the Economic Coordination Committee to delay the approval of the second five-year Pakistan textile policy 2014-19 for another couple of weeks, as
2014-10-17 17:00:00
Pakistan Textile policy fails to get approval despite negative growth in textile exports
The new textile policy of Pakistan which carries measures to increase country’s textile exports to $26 billion by the year 2019 is yet to get approval. It’s being delayed despite the
2014-08-03 17:00:00
Vietnam fails to reach its FDI targets over policy shortcomings
Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported materials and equipment. According to
2014-04-14 09:30:00
Bangladesh decides on increasing incentive to support its RMG sector
The Bangladesh Ministry of finance has decided to give more cash incentive for all types of ready-made garment (RMG) items. The decision was taken to lessen the losses incurred by RMG exporters due
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