The US has assured Bangladesh of support in diversifying export products and exploring new markets to boost bilateral trade between the two countries
Bangladesh’s exports are expected to grow by 12.65 percent year-on-year to $50 billion in the current fiscal year
The central bank discovered six types of statistical wrongdoing that inflated export data, a development that led to a multibillion-dollar correction.
The government’s target of earning $110 billion from exports by the fiscal year of 2026-27 would be difficult to attain because of the persisting challenges in the global and local economies, economists and businesspeople said.
Despite the 10 percent growth in March, shipment is still 0.88 percent short of the monthly target at $5.14 billion
The FX Dashboard will help promote paperless transactions
In light of the upcoming LDC graduation, exporters need to proactively prepare for changes.
Bangladeshi exporters are apprehending prolonged delays in shipments and a surge in transport costs following recent attacks on commercial vessels on the Red Sea
Bangladesh is very good at making cotton clothes but non-cotton products could be bolstered by foreign investment
Earnings from merchandise export fell by 2.49 per cent year on year to $4.64 billion in March as demand from key markets in the West declined amid high inflation and a slowdown in the economies.
Exports fetched $4.63 billion in February, up 7.81 per cent year-on-year, according to the Export Promotion Bureau.
The first consignment of 500kg of Gopalbhog mangoes from Rajshahi is en route to Dhaka today to be exported to Sweden.
Nearly a fortnight after deciding to curb wheat supplies abroad, India today said it would continue to allow the export of the crop to neighbouring and vulnerable countries.
For the first time, home textile has emerged as the second largest export earning sector after garments as demand remains buoyant in major markets, particularly Europe, according to exporters. ...
India today indicated that it would not allow the food security of its South Asian neighbours to be hit by the ban imposed on exports of wheat and that the measure was a temporary one.
Bangladesh Bank today instructed banks to take up to 75 per cent of payments in advance from businesses during opening of letters of credit for import of luxury and non-essential goods.
Untimely loading and unloading of containers has congested Chattogram port, the country’s premier seaport, with container vessels, which remain anchored due to the disruption.
The Bangladesh Bank today revised its policy for post import financing (PIF) in order to give clarification to banks as importers have faced complexities to get fund properly.
The Chittagong Stock Exchange (CSE) is planning to launch the country’s first commodities exchange, or futures market, this year, aiming to reduce the price difference of commodities between what consumers pay and what producers get.