Bangladesh has been ranked 41st among the largest economies in the world in 2019, up from the 43rd position since last year, according to an analysis by a UK based think tank.

Shrimp processors finished the first half of fiscal 2018-19 amid lower export receipts than a year earlier, with a revival in fortunes progressively looking unlikely in the second half, said exporters yesterday.

The government has come up with a host of incentives including low-interest loans under the new export policy to facilitate receipts

Turnaround time at the Chattogram port has sharply increased because of a recent two-day countrywide transport strike, leading to vessel congestion and cancellation of berthing schedules.

Leading food processor Pran has bagged export orders worth around $5.25 million at Sial Food Fair, one of the largest food exhibitions in the world.

Bangladesh's export of agro-processed foods may cross $1 billion in the next three years and the country has a bright prospect in the sector, a platform of agro-processors said yesterday.

Beef exports of the US accounted for 12.9 per cent of total production in 2017. Although India has banned the slaughtering of cows and consumption of beef in many parts of the country, it is among the top exporters of beef in the world.

Bangladesh's exports to China—one of the most promising Asian markets—fell 26.79 percent year-on-year to $694.97 million in 2017-18.

Exports started fiscal 2018-19 on a bright note, fetching $3.58 billion in July, which is 19.73 percent more than a year earlier.

Bangladesh has the potential to be a major player in the global halal market if given the right support and market development initiatives, said Abul Kasem Khan, president of the Dhaka Chamber of Commerce and Industry.

The government yesterday set $39 billion as the merchandise export target for the current fiscal year, which is 6.36 percent higher than the immediate past fiscal year's achievement of $36.66 billion.

Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5 percent share of the market, according to data from the World Trade Organisation (WTO).

The government will honour 63 companies today with export trophies for their extraordinary performance in fiscal 2014-15.

The export of caustic soda to India has remained suspended for the last three months after New Delhi ruled the chemical will not be allowed to enter the country without the certification from its standards authority.

Jute and jute goods put in a solid shift in the overseas market in fiscal 2017-18, crossing the $1 billion mark in receipts after five years, much to the cheer of the government as it endeavours to lower dependency on garment.

The jute ministry is working on a policy to form a Tk 10,000 crore fund to provide low-cost loans for the development of the nearly $1 billion export earning jute sector.

Commerce Minister Tofail Ahmed yesterday urged the international clothing retailers and brands to increase the prices of Bangladeshi garment items as the local manufacturers improved compliance spending billions of dollars.

The revenue administrator has raised the age limit for VAT-free import of ships by seven years to 22 years in an effort to accelerate growth of oceangoing ships industry.

At least 12 trucks carrying imported goods from India are gutted as a fire breaks out at a truck terminal of Benapole land port in Jessore.

Bangladesh needs to develop specialists for the export-oriented sectors as they largely rely on foreign experts, who take home $5 billion each year, said Finance Minister AMA Muhith yesterday.