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
Commerce Minister Tofail Ahmed said international factoring removes the danger of open-account trade under two-factor system very easily, regardless of whether the exporter is a small or large organisation.