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Unlock Opportunities: Join Farhan Fashion Ltd. Our ISO 9001-2015 certified manufacturing enterprise is accredited by BSCI, SEDEX, ICS, Betterwork, and RSC. With performance-driven (KPI) and goal-oriented management, we prioritize creating a safe workplace and fostering a congenial atmosphere for our employees.
Adhering to a Standard Operating Procedure (SOP) and a rigorous Code of Conduct (CoC) within our corporate policy, we provide clear guidelines for navigating the system, following company rules and regulations, and emphasizing the value of every individual, including both our dedicated employees and valued customers. Be part of our team and experience a workplace where excellence, safety, and respect thrive.
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Farhan Fashion Ltd CEO Mohammad Rahamat UllahAttends UNDP Roundtable on “Taxation for a Resilient Economy Post-LDC Graduation”
Dhaka, 16 January 2025 – The United Nations Development Programme (UNDP) Bangladesh hosted a pivotal roundtable titled “Taxation for a Resilient Economy Post-LDC Graduation” on 15 January 2025 at The Business Standard conference room in Dhaka. The event brought together policymakers, industry leaders, and experts to deliberate on the critical role of equitable and sustainable tax policies in shaping Bangladesh’s economic future as it prepares to graduate from Least Developed Country (LDC) status in 2026.
CMT vs. FPP: Choosing the Right Manufacturing Model
Choosing the right manufacturing model is necessary for businesses in the garment industry. Both Cut, Make, and Trim (CMT) and Full Package Production (FPP) offer distinct advantages and challenges. It affects factors like quality, cost, and time. Hence, you have to understand the basics of CMT and FPP. It is essential for businesses that are seeking to optimize their supply chain and meet market demands effectively.
Hence, Farhan Fashion Ltd is here to inform you about CMT vs. FPP
Our Achievements
BGMEA Seeks Government Support to Address Industry Challenges
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the interim government to provide policy support to help the country’s garment industry navigate a challenging period.
In a meeting with Dr. Salehuddin Ahmed, Adviser to the interim government on the Ministries of Finance and Commerce, BGMEA President Khandoker Rafiqul Islam highlighted several pressing issues affecting the industry. These include a decline in apparel imports from major markets, rising production costs, concerns over gas and electricity supply, and the impact of bank reforms on factory operations.
To address these challenges, the BGMEA delegation proposed a series of recommendations, including:
- Short-term financial relief: A one-month soft loan to provide cash flow assistance.
- Loan default flexibility: Reinstating the Bangladesh Bank’s regulation for loan default from three to six installments.
- Utility connection protection: A temporary suspension of utility disconnections to provide breathing space for businesses.
- Safeguarding factory operations: Protection of factory operations amid ongoing bank reforms.
- Protection from individual actions: Safeguarding businesses from actions taken against individuals.
- Policy review and correction: The formation of a task force to address required policy corrections in the National Board of Revenue (NBR) and Bangladesh Bank to make them more business-friendly.
- Power security and pricing: Ensuring adequate power supply and competitive pricing.
- Measures against external influences: Addressing issues related to the disposal of textile waste.
In response, Dr. Salehuddin Ahmed acknowledged the garment industry’s significant contributions to Bangladesh’s economy and emphasized the need to focus on increasing value addition. He also urged the BGMEA leaders to remain vigilant on labor-related issues and ensure compliance with labor rights and environmental regulations.
The Adviser assured the BGMEA delegation of the interim government’s full support and promised a follow-up meeting to discuss their recommendations in detail.