BGMEA DAILY DIGEST
News published in media related to RMG: Today’s RMG News

The Daily Star
Editorial: Time is running out for a deal with the US Bangladesh, being heavily dependent on garment exports, has always been vulnerable to such external shocks. Despite repeated warnings, little has been done over the years to diversify the export basket, resolve longstanding structural bottlenecks, and enhance overall competitiveness. Given the current global trade landscape, experts believe Bangladesh now has no choice but to reduce trade and business costs through improved logistics and a more enabling business environment, while also boosting productivity through investments in technology and skills development.

বণিক বার্তা
সম্পাদকীয় : শিল্প উৎপাদন ও কর্মসংস্থানের জন্য ভালো ইঙ্গিত নয় শিল্প উৎপাদন খাতের প্রবৃদ্ধি কমতে থাকা অর্থনীতির জন্য মোটেই ভালো দিক নয়। কেননা কর্মসংস্থান সৃষ্টিসহ জিডিপিতে এ খাত গুরুত্বপূর্ণ ভূমিকা রাখে। এ খাতের প্রবৃদ্ধি কমে গেলে দেশের সামষ্টিক অর্থনীতিতে নেতিবাচক প্রভাব পড়বে, যা মোটেও কাম্য নয়।

The Daily Star
UK keeps duty-free access for Bangladeshi goods The UK government has updated its trade preference scheme—the Developing Countries Trading Scheme (DCTS)—that will enable Bangladesh to continue to benefit from zero tariffs on products like garments and electronics.Upgrades include simplified rules of origin, enabling more goods from countries like Nigeria, Sri Lanka, and the Philippines to enter the UK tariff-free—even when using components from across Asia and Africa, said a statement from the UK's Department for Business and Trade (DBT).

The Financial Express
Share of non-RMG export earnings virtually unchanged in a decade Contribution of non-RMG sectors to the country's overall export earnings remained almost static during last one decade, indicating insufficient efforts toward diversification of the products-basket and largely reliant on textile and garments. Non-RMG (readymade garment) items like leather and leather goods, footwear, jute goods, agricultural products, frozen and live fish, engineering products together contributed about 15.91 per cent of the total export receipts in the last fiscal year. On the other hand, the share of RMG (knit and woven) and textile, including that of hometex and specialised textile, in the export earnings was 84.08 per cent. The country fetched US$48.28 billion from merchandise exports in the just concluded 2024-25 fiscal, out of which $40.60 billion came from textile and RMG and the remaining $7.68 billion from non-RMG products, according to Export Promotion Bureau (EPB) data.

The Daily Star
Govt plans to include private sector in US tariff talks The government is considering bringing private sector representatives on board for upcoming tariff negotiations with the United States, as Bangladesh prepares to respond to the proposed tariff schedules by Sunday or Monday next week.The US Trade Representative (USTR), which leads trade talks for Washington, has already sent Bangladesh three detailed tariff schedules.Shovon Islam, managing director of Sparrow Group, which exports $350 million worth of garments a year—$150 million of which goes to the US—said his American buyers are already pressing him to cut prices, even though the final tariff rate is yet to be confirmed. He said that he had to offer much lower prices to secure an order of one million shirts, as the buyer was considering shifting it to India, where tariffs are lower.

জাগো নিউজ২৪
যুক্তরাষ্ট্রের শর্ত বিষয়ে মন্ত্রণালয়গুলোর মতামত নিয়ে সিদ্ধান্ত রপ্তানি পণ্যের ওপর আরোপিত শুল্কহার ইস্যুতে দর কষাকষি করতে যুক্তরাষ্ট্রের সঙ্গে আলোচনার ক্ষেত্রে দেশটি যেসব শর্ত দিয়েছে, মন্ত্রণালয়গুলোর মতামত নিয়ে এ বিষয়ে চূড়ান্ত সিদ্ধান্ত নেবে অন্তর্বর্তীকালীন সরকার। বুধবার (১৬ জুলাই) আন্তঃমন্ত্রণালয় বৈঠক শেষে বাণিজ্য সচিব মাহবুবুর রহমান এ কথা জানিয়েছেন।