Dhaka, Feb. 12 -- An impugned government order trimming cash incentives on exports is now retracted to restore the benefits amid repeated pleas from the garment-sector players, officials say.

At the bidding of the Ministry of Finance, the central bank on January 30 issued circular withdrawing cash incentives under five harmonised system (HS) codes which include a good number of apparel items.

These products cover 55.22 per cent of total readymade garment exports from Bangladesh, according to data available with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Moreover, the order designated Australia, India and Japan as traditional markets and lessened cash incentives against exporting goods to these countries to ...