These products will be showcased at Bangladesh missions abroad, airports, and key locations nationwide, industries ministry minister says
Govt announces 0.25% cash incentive for RMG exports
Readymade Garments (RMG) industries will get an additional cash incentive on exports.
Published : 30 Oct 2014, 08:28 AM
Updated : 30 Oct 2014, 08:28 AM
A Bangladesh Bank circular issued on Wednesday said apparel makers outside the EPZs (Export Processing Zones) will get a 0.25% cash incentive on their FOB (free on board) prices.
FOB requires the seller to deliver goods on board a buyer-designated vessel. The seller’s delivery obligation ends once the goods are on the ship.
When used in trade terms, "free" means the seller has must deliver the goods to a place named for transfer to a carrier.
The new incentive means exporters will get 0.25 Tk for exports of every Tk 100.
RELATED STORIES
The main index of DSE drops 60 points or 1 percent to 5,518 on the last business day of the week
A trader says he is losing 10 to 15 chickens a day despite keeping fans switched on round the clock
TikTok's chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden
