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The Business Standard

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June 27, 2026

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SATURDAY, JUNE 27, 2026

Bangladesh Textile Mills Association (BTMA)

Bangladesh Textile Mills Association (BTMA)

Illustration: TBS

Is Bangladesh's $23b textile sector edging towards collapse?

After years of energy shortages, soaring gas prices, high interest rates, generous allowable wastage rates, and a sharp cut in cash incentives, many textile mills are shutting down or operating...

Representational image of a textile mill. Photo: Salahuddin Ahmed/TBS

Textile millers propose reducing income tax from 27.5% to 10%

BTMA logo

'What does the govt do with our tax money?' Businesses question spending priorities

Representational Image. Photo: Collected

Textile millers seek pre-shipment loan facility against back-to-back LCs

BTMA seeks clarity to operationalise US-Bangladesh zero-tariff textile deal

BTMA seeks clarity to operationalise US-Bangladesh zero-tariff textile deal

BTMA temporarily suspends plan to shut textile mills after government assurance

BTMA temporarily suspends plan to shut textile mills after government assurance

Showkat Aziz Russell,the newly elected president of the Bangladesh Textile Mills Association (BTMA) for the second time. Photo: Collected

Showkat Aziz Russell re-elected BTMA president for a second term

Photo: Courtesy

Textile and garment leaders urge government support to save spinning sector

Photo: TBS

Foreign buyers reluctant to visit Bangladesh amid political uncertainty: Exporters

Photo: Courtesy

Actions of interim govt will also be judged in future: BTMA president

CA's Press Secretary Shafiqul Alam spoke to reporters after the closing ceremony and award distribution of the program at NSTU on 31 October, 2025. File Photo: BSS

CA’s press secretary hits back at BTMA president’s ‘madman’ remark

Bangladesh Garment Buying House Association (BGBA) organised a seminar at a city hotel on Sunday, 2 November 2025. Photo: TBS

CA’s press secretary speaks like a ‘madman’, says BTMA president

Showkat Aziz Russell, president of the Bangladesh Textile Mills Association (BTMA), speaks at an event in Gulshan Club on 10 August 2025. Photo: TBS

Better to close weak banks rather than merge them: BTMA president

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