Bangladesh Textile Mills Association (BTMA) has announced an indefinite shutdown of all textile mills across the country starting from February 1, intensifying tensions within the textile-apparel value chain and exposing the deepening financial distress of the primary textile sector. The
Bangladesh’s National Board of Revenue (NBR) has scrapped the recently imposed 2% advance income tax (AIT) on imports of cotton and man-made fibres (MMFs) used in the country’s garment and textile sector. The exemption, effective immediately, applies exclusively to industrial Import Registration Certificate (IRC) holders, as per a gazette notification issued on 17
Bangladesh’s textile millers have urged the government to allow the import of recyclable plastics and provide adequate support for utilizing plastic flakes and polyester staple fibre (PSF) products, which are produced following proper procedures. Showkat Aziz Russell, president of the Bangladesh Textile Mills Association (BTMA), highlighted that these products could serve














