Climate change is worsening the situation and the financial and humanitarian costs brought by this calamity are racking up.
In what seems like a story straight out of a Netflix crime drama, a whopping Tk 821 crore has been laundered out of Bangladesh
Fakir Knitwear Limited is set to invest about $45.82 million to set up a knit composite factory at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram.
Bangladesh's exports soared 15.26 percent year-on-year in July driven by an acceleration in the shipment of readymade garments, official figures showed today.
To diversify export destinations, Bangladesh needs to take up a comprehensive plan and coordinate efforts focusing on every country that bears potential, said Md Fazlul Hoque, former president of the Bangladesh Knitwear Manufacturers and Exporters Association.
Shipment fetched $52.08 billion in the previous financial year of 2021-22, according to data from the Export Promotion Bureau (EPB).
The shipment of electrical and electronics goods from Bangladesh displayed an impressive growth of 48 per cent in July-May of the outgoing financial year on the back of improving product quality and government support, official figures showed.
Garment exports to the US, the single largest export destination of Bangladesh, declined by 17.88 percent year on year in January-April period.
Bangladesh retained second position in apparel shipments to the European Union (EU) in the first two months of the current year with a 22.75 per cent share of the trade bloc’s overall garment imports, according to data from EUROSTAT.