Refayet Ullah Mirdha

Senior Staff Reporter of The Daily Star.

Cash subsidy for exports surges. Only garment yields expected results

The government’s cash incentive against export receipts has soared over the years although many sectors could not make their mark in the global market, bringing in limited results for the government’s diversification initiative.

2d ago

Alternatives to cash incentives planned for exports

The government plans a new export promotion fund as an alternative to direct cash incentives for export-oriented sectors to help the country face challenges resulting from its graduation to a developing nation in 2026.

4d ago

Exporters cheer weaker taka

Owing to a chaotic and volatile exchange rate, local exporters were desperate for the introduction of a floating exchange rate so they could draw more money and be more competitive.

1w ago

Exporters to win, consumers to bear the brunt

The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.

1w ago

Global companies upbeat about Bangladesh's denim

A European retailer asking not to be named said he has already increased the amount of clothes his company sources from Bangladesh as the country’s increasing production capacity was helping to give them more confidence.

1w ago

Garment exports to US continue to decline

In the January-March period of the current year, garment shipments to American markets declined by 17.68 percent to $1.75 billion, according to data from the Office of Textiles and Apparel (OTEXA), a body under the American Commerce Department.

2w ago

USTR identifies Bangladesh among top-five counterfeit product suppliers

China (together with Hong Kong) continues to be the largest origin economy for counterfeit and pirated goods, accounting for more than 85 percent of global seizures of counterfeit goods from 2017 to 2019.

3w ago

Heatwave leaves no impact on RMG production

So far, any loss of productivity or major casualty has been averted while no incident related to the thin presence of workers or missing shipment deadlines has been recorded.

3w ago

December 31, 2023

Garment exports to face rocky recovery in 2024

Garment exports from Bangladesh may witness moderate growth of between 7 and 10 percent in 2024 after struggling to perform strongly in the outgoing year due to a global economic slowdown.

December 29, 2023

Bangladesh to be 20th largest economy by 2038

Bangladesh to become 20th largest economy by 2038

Bangladesh is set to become the world's 20th largest economy by 2038 owing to continued economic growth, according to a forecast by the London-based Centre for Economics and Business Research (CEBR) on Wednesday.

December 29, 2023

Bangladesh not using Uyghur items: BGMEA

There is no chance of Bangladeshi garment factories using materials like cotton, yarn and fabrics produced in China’s Xinjiang region, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), yesterday.

December 11, 2023