Garment makers urged Finance Minister AMA Muhith
on Friday to ease conditions for inland bill purchase (IBP) at a time
when the country's largest state bank, Sonali Bank, is tainted with a
loan scam.
IBP is essentially a credit facility that takes place when a bank gives guarantee to its client for purchase of goods and services from the local market.
Bangladesh Bank in a circular on July 11 reduced the power of purchasing IBP by the branches of banks as the banking regulator detected irregularities in disbursement of loans against opening of letters of credit.
The regulator found a significant rise in collecting funds through preparing accommodation bills against LCs, without any real business transaction.
The trend of bill purchase increased as those transactions were handled at branch level, with the principal branch kept in the dark.
So, the regulator asked the scheduled banks that the branches have to take permission from their principal branch before purchasing such accommodation bills.
But the leaders of Bangladesh Garment Manufacturers and Exporters Association and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Bangladesh Textile Mills Association urged Muhith to withdraw the circular, as they are facing problems in garment exports.
The circular has been creating troubles in export businesses, said at the meeting with the minister at the latter's residence.
IBP is essentially a credit facility that takes place when a bank gives guarantee to its client for purchase of goods and services from the local market.
Bangladesh Bank in a circular on July 11 reduced the power of purchasing IBP by the branches of banks as the banking regulator detected irregularities in disbursement of loans against opening of letters of credit.
The regulator found a significant rise in collecting funds through preparing accommodation bills against LCs, without any real business transaction.
The trend of bill purchase increased as those transactions were handled at branch level, with the principal branch kept in the dark.
So, the regulator asked the scheduled banks that the branches have to take permission from their principal branch before purchasing such accommodation bills.
But the leaders of Bangladesh Garment Manufacturers and Exporters Association and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Bangladesh Textile Mills Association urged Muhith to withdraw the circular, as they are facing problems in garment exports.
The circular has been creating troubles in export businesses, said at the meeting with the minister at the latter's residence.
Source: http://www.bgmea.com.bd/home/pages/GarmentmakersurgeMuhithtoeasebillpurchaseconditions
40 comments:
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We, J.Y Corporation, are one of the leading manufacturers of lady's apparel in South Korea with extensive experience of more than 12years; almost for a number of Japanese famouse makers like Cecil, Egoist, Ingni, Heaven&Earth and so on. Our main items are not only casual garments; T-shirt, Hoodies, printed easy-wears but also woven ones; Blouse, Onepiece, jacket, pants, skirt and they are tageted for the age of 20~30 in general. Regarding the manufacturing system, 3 main factories with annual contract and 6 others where a sort of specific items are mamufactured. In addition, we have good relationship with the most reliable print, embroidery and hotfix factories for a long time never being changed . Therefore, we assure we have a strong background in this ladies' fashion business and we, without fail, satisfy our clients' various demands from all over the world at the most competitive price. If you need further infomation on the business, please feel free to contact us anytime and visit our site;
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I am Foyzul Abedin, cloth exporter from bangladesh, would like to deliver you ordered cloth with yours satisfaction with my products. If you want to have my service, kindly contact me at abedin.826@gmail.com.
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Hello, thank you for share the valuable information. If you want to purchase the t shirts, mens wear,womens wear and Kids wear at different colors and different treandy designs @ honeywellcreation
We introduce ourselves as fastest growing buying agency & working for importer overseas as a liaison office.
At present we are working with many buyers sincerely & we ensured you about product quality, quantity & timely shipment.
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Contract details:
Attn: Sr. Merchandiser
G.M.Kibria
Penta Elegance BD
Panthapath,Dhaka-1203, Bangladesh.
e-mail: info.fashionandstyle.bd@gmail.com
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Hi there!
We would like to introduce ourselves as a leading independent Garments supplier & buying agent and manufacture in Dhaka Bangladesh,
Basically we provide all kinds of Mans, Ladies, Boys, and Girls. like Sweater, knitwear and woven products, as a Sweater, T-shirt, Polo shirt, Tank top, Shorts, Long pant, Shirt, Vest, Trouser and home textile, and offer the buyer, buy the competitive price, good quality with G.S.P. facility and short lead-time by the using of excellent qualities raw material and accessories, we have been serving some European customers by providing best quality products with in reasonable price, we have an expert quality team those who maintain the standard of good in stage of manufacturing ,
Our Products:
Product for Men?s
T-Shirts, Polos, Boxers, Shorts, Sleepwear, Sportswear, Sweat Shirts, Trousers, Tank Tops, Ensembles, Cardigans, Bermudas, Coordinates, Underwear, Sets, & Woven-Bermudas, Shorts, Shirts & Work wear
Product for Women?s
T-Shirts, Cycling Shorts, Night wear, Ensembles, Cardigans, Sweat Shirts, Skirts, Beachwear, Tight Tops, Blouses, Legging, Pajama sets, Corsair, Coordinates & Woven Coordinates
Product for Infant Wear?s
Bodysuits, Tanks & Tops, Dresses & Rompers, Sweaters, Hoodies & Outwear, Active wear, Newborn Necessities, Sleepwear, Shorts & Capri?s
We make the pace for our valued customer so that they can win the race of competitive & open market, Any kinds of query of customers we take as challenging assignment, The is our service motto,
Betterment of business we knock the door of new customers to develop a business relation,We just looking an opportunity to you for justify our performance,We wait to hear your proposals and we would like to give our competitive price offers to your inquiries and send you counter samples to give idea about our workmanship and quality (we can send you some photos by email from our production)
Would you create an opportunity for us?
Looking forward your reply
Thanks & Best Regards,
========================
Mr.Jyoti Chakma
Garments Place
West Shewarapara ,Mirpur.
Dhaka ,Bangladesh.
www.gplbd.com
jyoti@gplbd.com
gplbd.it@gmail.com
Phn : +88-02-9027775
Fax : +88-02-9027776
Mo : +8801715116990
Skype: jyoti.chakma4
Name of the company: Sunshine Fashion
CEO : Md. Kamruzzaman
Phone : +8801724099855
Skype : kamruzzaman.kamrul91
E-mail : sunshinefashionbd@gmail.com
Website :
Adress : 34/2 East Raja Bazar, Dhaka.
Our product : Sweater: Cardigan, Pullover, Vest in 100% Cotton, Acrylic, Cotton/Acrylic,Acrylic/Wool, Smiling, Chenille Fancy yarn etc .
Knit : T-Shirt, Polo-Shirt, Ladies Tops, Tank Tops etc.
Woven : Denim, Non-Denim Shirts, and Pants / Trousers etc
This is my first visit to your blog, your post made productive reading, thank you. Exporters India
Ck boxer available here
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Ladybird Bangladesh is a small garments buying house; but we are experienced of supply of Knit, Sweaters & Woven garments. We select right factory's for buyers, offer cheap prices, provide one-stop services of developing orders including sales samples; as well as we do in-line production follow-up and arrange inspection of goods.
I Indra from PT . NATIONAL LABEL company engaged in Woven Label , Printing , hangtag , Id Card, Medals and other Accessories . If there is any Event which Requires Only the Direct Contact
Indra Saputra
Mobile : 0812 8173 4917
Email Address : indra.ns.label@gmail.com
: indra@national-label.com
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Jl. Raya Serang KM 8 [ Jl . Telesonic ]
Tangerang, Indonesia 15810
Phone : 021 5930 2323
Fax : 021 5930 2322
Dear Mr. Buyer,
I hope this letter finds you well. It is with great pride, and excitement,
that I want to introduce you to my newly formed company,AK Garments buying
source. We Supply all kinds of knit and woven item with buyer requirements.
We have a good team and work cordially. We are committed to deliver goods
in time.
We are linked up recognize and Accord certified company in Bangladesh.
*noted that we ak-garments supply stocklot garments.*
Best regards
AK Garments
www.ak-garments.com
info@ak-garments.com
Mob:008801723006917
tell: 8290114
Dear Sir / Madam,
How are you? Hope you are well. We would like to draw your kind attention that we are 100% export oriented knit garments industry established in the year of 2000.. we have been working this trade last 17 years with reputedly. We make all kinds of ready made garments like T-Shirt, Polo Shirt, Tank Top, Shorts, Trousers, Night Gown, Romper, Hoody Jacket, Bibs, Underwear & etc.
if you are interested to business with us pls let me know & i will send you our company profile.
I am looking forward to your kind feedback.
Best Regards
Anowar
Merchandiser
Jams Apparels (Pvt) Ltd.
A-69&76, BSCIC Industrial Area,
Fatullah, Narayanganj-1400,
BANGLADESH.
Cell:+880 1933-210172
Email- anowarhossain.jams@gmail.com
Dear Sir,
KHIRSHIN GROUP Textile is a leading traders (Buying house), have been producing and exporting the readymade elegant, fashionable and stylish exclusive range of kids, children, gents and ladies garment from Bangladesh. We manufacture woven, knit & sweater garments and the buying office are responsible for world-wide contacts with the reputed buyers to create a professional environment for globalization to help expand your textile product business. We specialize in sourcing the following products of garments from our strategic partnership factories and selection of more than 50 compliance Factories in Bangladesh.
To provide customers with the most comprehensive sourcing, production, design & product development service, guaranteeing quality, competitive pricing & quick times with skilled professional & hard working Merchandiser’s & Quality Controller’s proactive work of culture in our sector as a requirement moreover to gain satisfaction of buyer’s, hence, ensuring maximum return to and responsibility for the society and the environment to continue long-term business relationship with our valued buyer’s.
Circular Knit:
T-Shirt, Polo Shirt, Rugby Shirt, Sweat Shirt, Shorts, Tank tops in solid, stripes in single jersey, 1X1 rib, 2X2 rib, 4X4 rib, interlock, drop needle, waffle, French terry, fleece etc with print, stripes & Embroidery both local and import fabric.
Knitwear:
All types of sweater, cardigan, vest etc in 1.5gg, 3gg, 5gg, 7gg, 10gg & 12gg flat knit machine and circular jacquard machine in both local and import yarn.
Woven:
Shirts, Pant, Denim item, Trouser, Shorts, Overall, jacket, jogging suit, wind breaker, Cap, dresses etc in both local and import fabrics.
Also we are making lather item. Belt, bag, shoes, money bag & Handicraft etc.
Please visit our website at www.khirshingroup.com for more information about our Services, Products and Clients.
May I request you to please think about our company and let me know if the situation demands to add a new supplier from Bangladesh, Waiting to get your valued reply. I am very keen to do some work for you.
Thanks and have a nice day.
With best regards
Khairul islam
Sr. Merchandiser
KHIRSHIN GROUP Textile
KHIRSHIN Development Ltd.
House - 05, Road - 02, Sector - 13,
Uttara, Dhaka- 1230, Bangladesh.
Fax : 0088 02 58950771.
Phone Office : 0088 02 4895 2778.
Mobile : 0088 01707192270.
E-mail : khirshin_group@yahoo.com
E-mail : info@khirshingroup.com
Skype : khirshin_group
Skype : khirshin-1
Website : www.khirshingroup.com
Dear Sir/Madam
Good day. Hope you are doing well.
Greetings from "NIM FASHION"Bangladesh.“NIM FASHION” a leading buying/sourcing and garments stock lot suppliers/exporters company.we have been export to Asia, Africa, Europe & America.all kinds of Ready Made Garments (garments stock lots,leftover & buyer shipment cancelled order, over run, over production. etc) items.
“NIM FASHION” is established on 2010 with the mission to collect partners/investors/ importers/buyers to buildup and expand our marketplace effectively and worldwide efficiently.
As an exporter we always take care of our respective buyers demand.We have a strong position in Bangladesh Garments stock lot Market.We have also very finest & strong wide marketing capacity with 7/8 years garments marketing experience across the world.And now we supply many items of Garments Stock lots available to us as below of those.
We Export/supply the following garments:
-Ladies & Men's.Boy's & Girl's T-shirts solid color or printing T-shirt.Jacket, knitted Trouser, zipper hooded sweat shirt.Polo shirt, All G.G Sweater,
-Any types of Under garments
-Knit Blouse. Tops, Bottom.
-Pants( High quality wash denim jeans, twill )
-Swim suit
-Fleece zipper hooded sweat shirt
-Suits
-Cotton-padded clothes
- men’s or Ladies Half or Full Sleeve Sweater
-Hunting gear
-Bra, Panty, ,Denim or twill sexy short pant, Denim or twill sexy Short Skirt,
-Rompers, hooded jacket, kids items.This Apart from there are many more then items collection.
We want to make a long term business relationship with your esteemed organization for our mutual business interest since we believe on relationship business.So please tell us about your requirements and we would be at your premium service.
Our Authentication:
Lowest profit highest volume sell/export;
Very best competitive price;
Short & in time delivery/shipment;
Commitment & principle;
Never compromise in quality & quantity and
Enormous & prompt response.
We believe confidently that we are able to provide our best assistance to fulfill your needs.You have our assurance on quality and price that will be on par with the international standards.We look forward to making a strong and enduring relationship with your esteemed organization.In the best interest of trade and development, best wishes to the organization.
If you interested you can get back to me anytime if you require more information.
Hope to hear from you soon.
Thanks in advance for your kind cooperation.
Best Regard.
Ak Imran
Maneging Director
NIM FASHION
Call/whats'app/imo,Viber
+8801711175186
+8801711149606
Email:
nimfashionbd@gmail.com
wap:
www.-------------------
Address:
House no# 26
Road no# 1/avenue
Block# B
Mirpur# 1
Dhaka 1216
Bangladesh.
Dear Sir/Madam
Good day. Hope you are doing well.
Greetings from "NIM FASHION"Bangladesh.“NIM FASHION” a leading buying/sourcing and garments stock lot suppliers/exporters company.we have been export to Asia, Africa, Europe & America.all kinds of Ready Made Garments (garments stock lots,leftover & buyer shipment cancelled order, over run, over production. etc) items.
“NIM FASHION” is established on 2010 with the mission to collect partners/investors/ importers/buyers to buildup and expand our marketplace effectively and worldwide efficiently.
As an exporter we always take care of our respective buyers demand.We have a strong position in Bangladesh Garments stock lot Market.We have also very finest & strong wide marketing capacity with 7/8 years garments marketing experience across the world.And now we supply many items of Garments Stock lots available to us as below of those.
We Export/supply the following garments:
-Ladies & Men's.Boy's & Girl's T-shirts solid color or printing T-shirt.Jacket, knitted Trouser, zipper hooded sweat shirt.Polo shirt, All G.G Sweater,
-Any types of Under garments
-Knit Blouse. Tops, Bottom.
-Pants( High quality wash denim jeans, twill )
-Swim suit
-Fleece zipper hooded sweat shirt
-Suits
-Cotton-padded clothes
- men’s or Ladies Half or Full Sleeve Sweater
-Hunting gear
-Bra, Panty, ,Denim or twill sexy short pant, Denim or twill sexy Short Skirt,
-Rompers, hooded jacket, kids items.This Apart from there are many more then items collection.
We want to make a long term business relationship with your esteemed organization for our mutual business interest since we believe on relationship business.So please tell us about your requirements and we would be at your premium service.
Our Authentication:
Lowest profit highest volume sell/export;
Very best competitive price;
Short & in time delivery/shipment;
Commitment & principle;
Never compromise in quality & quantity and
Enormous & prompt response.
We believe confidently that we are able to provide our best assistance to fulfill your needs.You have our assurance on quality and price that will be on par with the international standards.We look forward to making a strong and enduring relationship with your esteemed organization.In the best interest of trade and development, best wishes to the organization.
If you interested you can get back to me anytime if you require more information.
Hope to hear from you soon.
Thanks in advance for your kind cooperation.
Best Regard.
Ak Imran
Maneging Director
NIM FASHION
Call/whats'app/imo,Viber
+8801711175186
+8801711149606
Email:
nimfashionbd@gmail.com
wap:
www.-------------------
Address:
House no# 26
Road no# 1/avenue
Block# B
Mirpur# 1
Dhaka 1216
Bangladesh.
Dear Sir,
K Shi Impex is an apparel stocklot exporter from Bangladesh. We can supply you with any item ,underwear to outerwear for men,women ,kids and babies .
Also we do manufacture garments as per your requirement .
We also own a plant nursery ,where we grow foliage plants for export .
If you wish to work with us please do not hesitate to contact me on
Email: monirlp78@gmail.com
Mobile/imo/Viber: 00880143399801
whatsapp: 008801743399801
Looking forward to hearing from you soon.
Best Regards
MD Moniruzzaman
Hi
We would like to inform you that we (TAPALO Enterprises) are trusted manufacturers and exporter for sports equipment and sports wears.
We are specialized in making customized team kits, uniforms jersey. Our service extended from producing custom-made cricket, soccer, hockey and other sports clothing for amateur teams to developing a complete range of merchandise for professional organizations completed with embroidered logo and printed name & numbers etc.
We are pleased to know about your reputed concern dealing in the same products so we are inviting your esteemed organization to be our business partner.
If you want to manufacture any special item from Sialkot or customize any item with your own logos, brand name or size charts etc, please contact us without any hesitation as we are ready every time for your service.
Feel free to contact us for more any kind of information about prices, shipping and custom order.
Any kind of reply from your side would be appreciated.
Best regards
M. Tyyab
TAPALO ENTERPRISES.
Nizamabad Zafarwal Road, Sialkot 51310 – Pakistan
Ph: +92-52-3540803
Mob: +92-336-7374141
E-mail: info@tapaloent.com
Website: www.tapaloent.com
Dear, Partner/Associate.
We offer Legitimately Cash & Asset Backed Financial Instruments on Lease and Sale at the best rates and with the most feasible procedures. Instruments offered can be put in all forms of trade and can be monetized or discounted for direct funding.
Description of Instrument:
1.Instrument: Bank Guarantee (BG)/SBLC
2.Total Face Value: MINIMUM 1MILLION EURO/USD - MAXIMUM 100BILLION EURO/USD
3.Issuing Bank: HSBC London or AA rated Bank in Western Europe or USA.
4.Term: One Year, One Month
5.Leasing Price: 3% of Face Value plus 0.5% Lessor agent [Closed] & X% Lessee agent (open)
6.Delivery: SWIFT TO SWIFT
7.Payment: WIRE TRANSFER
8.Hard Copy: Bonded Courier within 7 banking days.
Kindly contact for genuine inquiries and I can provide you with the needed information.
Mr Lube Bujaroski Australian
Email: lbfunding.bujaros@gmail.com
Skype ID: lbfunding.bujaros
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Dear Sir ,
This is LASANI INTERNATIONAL ,
We are one of fast growing Garments Buying house in Dhaka, Bangladesh , last 10 years we are working in this sector,with different US and EU Customers ,
we do Knit( tank top, Boxer , tee shirt,polo shirt, pullover,hoodie. woven (Shirt , pant , cargo pants , worker pants, coverall , Shorts etc ) and Sweaters products for Men's Ladies and Children's ,
We are always ready to do any development program for our valuable customers ,
thanks ,
Nizam CEO,
LASANI INTERNATIONAL
H#21, RD#3, Nikunja-2 Dhaka -1229, Bangladesh
Ph: 8801711112065/1611112065
mail: nizam@lasanii.com/nizam70@gmail.com
Dear sir
Good Day
I hope are you good.
we are toptexbd.Ltd is a professional apparel Sourcing and manufacturing company which is located in Dhaka Bangladesh. We have own designers and strong QC to follow up the order strictly from fabric and accessories to the packing of final products. Our service include custom Sweaters, Pullovers, shirts, jeans, t shirts ,polo-shirt sweatshirts etc .We provide high end products while being able to offer competitive price with price prompt delivery.
With Best Regards.
K.M Jahid Hasan (Sumon)
Managing Director
Toptexbd Ltd.
House No. 07 (3-B), Road No. 11, Sector No. 11, Uttara,
Dhaka-1230, Bangladesh.
Call : +880-1852347534, +880-1911828834
Email, toptexbd.ltd@gmail.com
Dear Worthy Buyers,
Welcome to GUJJI INTERNATIONAL Sportswear, one of the leading Manufacturers and Exporters in
Sialkot (Heart city of Pakistan in the name of Sports) for your needs regarding:
1. Football Uniforms
2. Basketball Uniforms
3. Baseball Uniforms
4. Cycling Suits
5. Ladies Innerwear
6. Fitness Garments
7. Hoodies
8. Polo Shirts and many more.
We have specialized staff with professional skills to produce products. We can provide you any type of product in reasonable prices within time.
The more interesting thing is we offer FREE SAMPLES, so Let me know if you have any question about any article?
Best regards,
GUJJI INTERNATIONAL SP ORTSWEAR
EM: info@gujjisports.com
WazirAbad Road SIALKOT-51310, PAKISTAN
Tel: +92 3319365500
Web site:http://facebook.com/Gujisports/
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The decision by Bangladesh Bank to reduce the power of purchasing IBP by bank branches due to irregularities in loan disbursement against opening letters of credit is understandable. Detecting and addressing such irregularities is crucial to maintain transparency and integrity in the banking system. The rise in collecting funds through accommodation bills without genuine business transactions raises red flags and necessitates regulatory intervention.
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