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Bangladesh Textile Mills Association was established & has been registered in 1983 with the Registrar of Joint Stock Companies as an Association, not for profit, under the Companies Act 1994. It is managed by 27 Board of Directors, 3 vice presidents and one president. [ 5 ]
On 3 April 2011, Bangladesh High Court ordered the building to be demolished. The court in its verdict declared: The court in its verdict declared: The BGMEA Bhaban is like a cancer in the Hatirjheel project and if the building is not taken down immediately, it will infect not just Hatirjheel but the entire Dhaka City .
The US was the largest single market with US$3.23 billion in exports, a 30% share in 2007. Today, the US remains the largest market for Bangladesh's woven garments taking US$2.42 billion, a 47% share of Bangladesh's total woven exports.
Department of Textiles (Bengali: বস্ত্র অধিদপ্তর) is a department of the government of Bangladesh under the Ministry of Textiles and Jute which is responsible for the Textile industry in Bangladesh. [1] The function of the department is to act as guardian for this economic sector and to address its needs. [2]
The news of the trip caused a stir in the social media which led to the cancelation of the trip. [20] [21] In November, the Group accused the editor of Daily Inqilab, AMM Bahauddin, and a reporter, Sayeed Ahmed, of defamation and sought 20 billion BDT in damages. [22] The newspaper accused the group of embezzling 100 billion BDT in bank loans. [22]
The corporation has the largest liability of any state owned enterprise in Bangladesh with 76.54 billion taka in loans. [8] Nearly 99% of its loans are in default. [9] Rangamati Textile Mill is also owned by the corporation. [10] It used to manage 86 government owned textile mills which has been reduced to the 18 today. [3] [11]