Bangladesh provides cash subsidies of % of export value to garment export enterprises

According to the Bangladesh Financial Express report on January 8, all Bangladeshi garment export companies can receive a cash subsidy of 1% of their export volume starting from July 1, 2019. Previously, some companies that used local yarns and fibers or received subsidies for small and medium-sized enterprises and exported to non-traditional markets were not able to enjoy this incentive policy. This policy has been won by the garment export industry many times and will have a certain positive effect, but it is not enough because the garment export industry is currently at a critical point.