Export
Exports to EU may fall 20%
Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma
Deal with Japan can boost trade
The signing of an economic partnership agreement (EPA) between Bangladesh and Japan will increase bilateral trade and open a new door of opportunities for the South Asian country, Commerce Adviser Sk Bashir Uddin said yesterday.
Reserves drop below $20b after ACU payment
After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone
The Sino-Singapore firm will set up a garment manufacturing factory
Exports grow 21% in October
Exports value stood at $4.13 billion in October this year, up from $3.42 billion a year ago, according to data by the Export Promotion Bureau (EPB)
Garment export to US falls 6.29% in Jan-Sep
Bangladesh shipped $5.41 billion worth of apparels to the American market in the nine months
Inflation rises to 10.87 percent in October from 9.92 percent in September
Inflation rises to 10.87 percent in October from 9.92 percent in September
India eyes record rice production in 2024-25 monsoon
Indian agriculture ministry estimates producing 119.93 million tonnes of rice
All member factories completed paying March salary, Eid bonus: BGMEA
BGMEA President SM Mannan Kochi says in a press briefing today
New industries outside economic zones will not get electricity, gas
The cabinet committee on economic affairs says
70% factories yet to pay March salary
Some 70% have already paid festival bonus, Industrial police say
Leather shipment recovers, fetches $100 million in 9 months
Leather exports rose 9.8% year-on-year in Jul-Mar of FY24
FBCCI's plea for tariff protection devoid of reality
On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.
Focus more on man-made fibre-based garment exports: PwC study
Bangladesh should expedite the making of garments from man-made fibre (MMF) as it will account for 60 percent of the value of globally traded garments items in 2030 compared to 50 percent in 2022, according to a study.
Exports rise 10% to $5.1 billion in March
Despite the 10 percent growth in March, shipment is still 0.88 percent short of the monthly target at $5.14 billion
Monetary policy transmission hindered by SMART lending rate cap: World Bank
The central bank of Bangladesh has tightened the monetary policy but its transmission has been hindered by the SMART lending rate cap since it slows pass-through to lending rates due to the use of a moving average, the World Bank said in a report today.
NBR issues gazette to process imports faster
The National Board of Revenue (NBR) has issued a gazette notification stipulating that imports have to be declared well in advance of the previous deadline for notifying of their arrival, all to reduce false declarations and enable quick releases.
Scooter sales rev up as riders seek comfort
Local retailers post up to 65% rise in monthly scooter sales