June 06, 2026
The BGMEA, BKMEA, BEF and BTMA write the open letter to Muhammad Yunus
Ten major trade organisations warn of “catastrophe” if the shutdown drags on
The association warns of factory shutdown if government fails to act by Feb 1
The move follows the textile mills association’s repeated calls for tax removal
It also presses for cancelling the fixed yarn tax and keeping corporate tax rates low beyond June
Seven recommendations have been presented to the government by business organisations
The move follows a complaint by the Bangladesh Textile Mills Association, citing unfair competition from cheaper Indian yarn
‘Some transactions will be conducted online to reduce harassment and time,’ he says