Experts, entrepreneurs call for govt policies focused on sustainability | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
July 17, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JULY 17, 2025
Experts, entrepreneurs call for govt policies focused on sustainability

Bangladesh

TBS Report
09 January, 2025, 06:50 pm
Last modified: 09 January, 2025, 08:23 pm

Related News

  • Repair, reuse, resist: The rise of sustainable electronics
  • Institutional reform can sow seed of sustainable democracy in Bangladesh: Advisers
  • 10 Bangladeshi firms now on Bloomberg sustainability list
  • Why Bangladesh needs a school of sustainable design and technology for economic development
  • Truvalu roundtable focuses on green finance for women-led SMEs

Experts, entrepreneurs call for govt policies focused on sustainability

TBS Report
09 January, 2025, 06:50 pm
Last modified: 09 January, 2025, 08:23 pm
At a seminar in the International Convention City Bashundhara (ICCB) today (9 January). Photo: Collected
At a seminar in the International Convention City Bashundhara (ICCB) today (9 January). Photo: Collected

Experts and industry leaders have called on the government to adopt policies prioritising sustainability in alignment with global market demands. They have stressed that robust policy support and adequate utilities for businesses could eliminate the need for additional cash incentives.

These observations were made during a seminar on the theme, "Sustainable Approach by BGAPMEA", at the International Convention City Bashundhara today. The seminar was a key event of the 14th Garments Accessories and Packaging Exposition 2025 and its concurrent event, Garment Technology Bangladesh 2025. 

The four-day fair, jointly organised by the Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) and ASK Trade Show and Exhibition Private Limited, showcased products, raw materials and machinery from the garments, knitwear, packaging, footwear and textile industries. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

With the right government policies, Bangladesh can position itself as a key player in the global market

Prof Mustafizur Rahman, distinguished fellow at CPD

Professor Mustafizur Rahman, distinguished fellow at the Centre for Policy Dialogue, highlighted the high-value addition in the accessories and packaging sector, which has shifted from being import-dependent to becoming a significant exporter. 

"With the right government policies, Bangladesh can position itself as a key player in the global market," he added.

The economist also advocated for investments in solar plants, describing them as beneficial for long-term sustainability. 

He emphasised that trade facilitation is critical for expanding the sector's global reach and urged a focus on productivity-based initiatives rather than promotional marketing.

In a keynote presentation, Chowdhury Rafez Alam, former BGAPMEA president, stressed the necessity of adequate government support for green transformation. He also called on global buyers to offer fair prices for environmentally friendly products. 

"Development partners should support the backward linkage industry through their CSR programmes," Alam added, while emphasising the need for cash incentives for direct exports to boost market share.

Shams Mahmud, president of the Bangladesh-Thai Chamber of Commerce, highlighted the critical issue of energy security, which he described as a major challenge for sustainability in the industry. 

"We are not getting a consistent energy supply from the government. If energy security is ensured, the industry will not need further subsidies," he said. 

Mahmud pointed out that sudden electricity outages damage sophisticated machinery and lead to the wastage of in-process products, causing significant financial losses.

The businessman also stressed the importance of value addition at the design stage and called for government incentives for businesses using cleaner and more efficient energy solutions. He emphasised renewable energy and water efficiency as potential selling points for exporters.

Romaric Deville, managing director of Trimco Group, introduced a "digital passport" system that tracks a product's entire supply chain data. 

Joe Weinmann, managing director of GOH International Ltd, showcased black hangers made from recycled plastics, addressing environmental concerns. 

Kim Chang Soon, chairman of the Korea Packaging Association, highlighted Korea's success in waste reduction through government regulations and social campaigns promoting recyclable packaging materials.

BGAPMEA President Md Shahrier reiterated the sector's commitment to supporting the apparel industry with environmentally friendly products, aligning with the industry's growth trajectory.

At the event, Adzi Trims Ltd received the prestigious LEED Green Platinum certification with the highest scores in recognition of its leadership in green manufacturing practices. ***

BGAPMEA / Sustainability

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Illustration: TBS
    FY26 monetary policy: To ease when is the question
  • National Citizen Party (NCP) Convenor Nahid Islam speaks at a press conference in Khulna on 16 July 2025. Photo: TBS
    Gopalganj attack: Nahid demands arrest of culprits within 24 hours
  • Fake news is being spread by Pro- Awami League persons. Collage: BSS
    Pro-AL figures circulate false narratives over Gopalganj clashes: CA press wing

MOST VIEWED

  • 131 foreigners were denied entry into Malaysia by their border control. Photo: The Star
    96 Bangladeshis denied entry at Kuala Lumpur airport
  • Double-decker school buses are lined up in a field in Chattogram city. The district administration has proposed modernising the buses to ensure security and convenience for school students. Photo: TBS
    Country's first smart school bus in Ctg faces shutdown amid funding crisis
  • A file photo of people boarding the government-run Betna Express at a railway station. The train operates on the Benapole-Khulna-Mongla route via Jashore. Photo: TBS
    Despite profitability, Betna Express rail service handed over to pvt sector
  • Bangladesh Bank buys $313m more in second dollar auction in three days
    Bangladesh Bank buys $313m more in second dollar auction in three days
  • Representational image. File Photo: Syed Zakir Hossain/TBS
    Malaysia grants Bangladeshi workers multiple-entry visas
  • People enter and loot Ganobhaban, the Prime Minister’s residence, following the resignation of Sheikh Hasina in Dhaka, Bangladesh, on August 5, 2024. Photo: TBS
    Govt to spend Tk111cr to turn Ganabhaban into July Mass Uprising Memorial Museum

Related News

  • Repair, reuse, resist: The rise of sustainable electronics
  • Institutional reform can sow seed of sustainable democracy in Bangladesh: Advisers
  • 10 Bangladeshi firms now on Bloomberg sustainability list
  • Why Bangladesh needs a school of sustainable design and technology for economic development
  • Truvalu roundtable focuses on green finance for women-led SMEs

Features

Abu Sayeed spread his hands as police fired rubber bullets, leading to his tragic death. Photos: Collected

How Abu Sayed’s wings of freedom ignited the fire of July uprising

1d | Panorama
Illustration: TBS

Open source legal advice: How Facebook groups are empowering victims of land disputes

2d | Panorama
DU students at TSC around 12:45am on 15 July 2024, protesting Sheikh Hasina’s insulting remark. Photo: TBS

‘Razakar’: The butterfly effect of a word

2d | Panorama
Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

3d | Brands

More Videos from TBS

NCP leaders safely in Khulna from Gopalganj.

NCP leaders safely in Khulna from Gopalganj.

9h | TBS Today
July 16 returns with sadness and pain

July 16 returns with sadness and pain

9h | TBS Today
China's economy not hit by Trump's tariff war

China's economy not hit by Trump's tariff war

10h | Others
News of The Day, 16 JULY 2025

News of The Day, 16 JULY 2025

12h | TBS News of the day
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net