Oct's shipment fell to $3.76 billion this year from last year's $4.35 billion
It hit $4.31 billion in September
Bangladesh’s apparel exporters displayed the sharpest growth in the US in 2022, leaving behind their competitors in the countries such as China and Vietnam, owing mainly to the lingering tariff war between Washington and Beijing and capacity building.
The debate over wage increase has risen at a time when the majority of people in the country are suffering due to skyrocketing commodity prices
Five developed nations have continued to account for more than half of Bangladesh’s export earnings, highlighting the country’s narrow market base and the vulnerability it faces.
Operations at Payra port have slowed down significantly following the temporary stoppage of coal imports for the Payra Thermal Power Plant in Kalapara upazila of Patuakhali.
Shipments rose 26.6% year-on-year to hit $4.84 billion
Players in the ICT industry of Bangladesh have urged the government to adopt long-term policies, which include extending income tax exemption for the sector by six years and incentivising exports of IT-enabled services (ITES).
The rate will be applicable for shipments of December and January
Unpredictability has become the new normal in a world afflicted by the forces of deglobalisation amidst rising geopolitical tensions.
It seems that just as we recover from one crisis – the global pandemic – another one begins.
Exports grew 7.11 percent year-on-year to $2.95 billion in April riding on the higher shipment of garment items.
India has suggested Bangladesh to carry out a joint study on products being exported by the two countries in order to complement each other and attain synergy.
Kawsar Ahmed Sumon took 1,500 kilograms of vegetables and betel leaves to the Hazrat Shahjalal International Airport on March 25 to export those to Saudi Arabia.
Prime Minister Sheikh Hasina yesterday urged the business entrepreneurs to come up with innovative ideas, knowledge and qualitative strategy to diversify their products in line with global demand.
Exports rise by 3.35 percent to $31.2 billion in the just concluded fiscal year, a senior Bangladesh Bank official told The Daily Star.
Exporters including apparel manufacturers will have to pay 0.6 percent tax at source on their income from exports from the upcoming fiscal year, as the government reduced the rate from the proposed 1 percent.
Bangladesh stands to gain much from China by way of higher exports and investment, as the Asian economic giant looks to deepen ties with its South Asian neighbours.
The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation