export earning of bangladesh
Net export earnings from garments continues to be over 70%
Bangladesh’s net export earnings from the shipment of readymade garments (RMG) contributed to over 70 percent of the gross export receipts for the third consecutive quarter ending in September 2023.
Pressure on external sector of economy to persist
Pressure on the external sector of Bangladesh's economy is expected to persist in the current financial year, said a top official of the World Bank yesterday
Exporters unable to fully benefit from taka devaluation
Exporters in Bangladesh are unable to take the full benefit of the devaluation of the taka against the US dollar amid ongoing inflationary pressure and rising production costs, according to industry people.
No cheer from export and remittance
The strain on dollar stockpile intensified last month after remittance inflows crashed to a 41-month low and export receipts missed target.
Non-traditional products that are driving exports alongside RMG
Apart from garment items, some non-traditional products played a vital role in gaining export earnings for Bangladesh even amid the global economic slowdown in the previous fiscal year.
Export earnings drop after four months
Export earnings dropped for the first time in five months in March because of a slowdown in the global economy following the severe impacts of the Russia-Ukraine war and Covid-19, official figures showed yesterday.
Exports bring $4.63 billion in February
Exports fetched $4.63 billion in February, up 7.81 per cent year-on-year, according to the Export Promotion Bureau.
Our fiscal space is narrowing fast
Both global and local macro-challenges can have serious implications for the people of Bangladesh
Denial syndrome is hampering our economic policies
Interventions must involve fiscal policy to address our fundamental economic issues
‘Accreditation essential for sustainable economic growth’
Bangladesh should ensure accreditation for local products to increase export earnings, reduce cost and time and implement the Sustainable Development Goals, speakers at a seminar said today.