All leather cos now entitled to cash stimulus

All leather companies are now eligible to get cash incentives for exporting leather goods, according to a central bank notification.
The Foreign Exchange Policy Department (FEPD) of the Bangladesh Bank issued the circular issued on Thursday.
Earlier, only 100-per cent export-oriented companies were entitled to the stimulus.
According to FEPD director Md Sarwar Hossain, many local companies produce leather goods at their own production bases targeting local and foreign markets.
"From now on, the companies, which are not 100-per cent export-oriented, will also be eligible to get incentives against their exports," he added.

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