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Holy Shab-e-Qadr today
Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader
KNF attack to loot money and show capability: RAB
Kidnapped manager of Sonali Bank returns to his family
Home Minister to visit Bandarban tomorrow to inspect situation
Visa policy will not affect garment exports: BGMEA
Own Correspondent, Dhaka, 27 September 2023: President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Farooq Hasan said that America's visa policy will not affect the country's garment exports. Regarding giving sanctions to some banks for ACU Payment, he said that any sanctions given would be alarming. Merchants will still be able to continue their business, Aku Payments can be made in other ways.
Garment export to Europe-America market has increased
Own Correspondent, Dhaka, 13 September 2023: Exports of manufactured garments from Bangladesh have increased in Europe and America during July-August. It has increased by 11.81 percent compared to the same period of last financial year. In terms of money, which has increased from about 3.44 billion US dollars to 3.85 billion dollars. At the same time, garment exports to the United Kingdom and the United States also increased.
Garment exports to non-traditional markets increase by 31 percent
Dhaka, May 13: In the first 10 months (July-April) of the current fiscal year 2022-23, Bangladesh's garment exports to non-traditional markets have increased. About 30.80 percent of exports to these markets have increased to 7 billion US dollars. Non-traditional markets include Japan, Australia, India and South Korea. This information is known from the sources of Readymade Garment Industry Owners and Exporters Association BGMEA.
Bangladesh surpasses Vietnam in garment exports
Dhaka, February 24: In 2021, Bangladesh exported ready-made garments worth USD 3.58 billion to the world market. In the same year, Vietnam, one of the main competitors of Bangladesh in the world trade of garment industry, exported USD 3.108 billion. As a result, at the end of 2021, Bangladesh's garment exports exceeded Vietnam's by USD 472 million. Through this, Bangladesh is going to get the recognition of the second position in garment export again, surpassing Vietnam. However, it will have to wait another four months to get the official recognition of the second position in exports.
Mongla Port breaks record with Tk 340 crore revenue in FY21
Dhaka, July 2: The Mongla port has created a new record by earning Tk 340 crore during the 2020-21 fiscal (FY21), a BSS report said.
Mongla port breaks 70-year record
Dhaka, June 1: Mongla, the country's second-largest seaport, has broken a 70-year record for the arrival of merchant ships. With one month left in the current financial year, 913 merchant ships have anchored at the port, breaking all previous records. In the last financial year, there were 912 ships in the port.
Bangladesh exported goods worth USD 313 crore in April
Dhaka, May 3: In April this year, goods worth USD 313 crore were exported. In the first 10 months of the fiscal year (July-April), goods worth USD 3,207 crore were exported, which is 8.75 percent more than the same period last year, according to an updated report published by the Export Promotion Bureau (EPB). The EPB released the report on Sunday (May 2).
Trade deficit with SAARC countries widens to USD 5,000 million in a year
Dhaka, April 1: Commerce Minister Tipu Munshi said Bangladesh's trade deficit with SAARC countries was USD 5,207 million in the last 2019-20 fiscal year. Among the SAARC countries, Bangladesh has trade deficit with all countries except Nepal and the Maldives. India has the largest trade deficit. The trade deficit with the country in Bangladesh is USD 4,697.22 million.
Trade deficit reducing gradually
Dhaka, October 28: In the first quarter of the current financial year (July-September) the trade deficit stood at 2.039 billion dollars. The deficit is 1.80 billion dollars less than the same period last year. At the same time last year, the deficit was 3.84 billion dollars. The data was found in the Central Bank's Balance of Payments report on Tuesday (October 27) for the current July-September period of FY 2020-21.
Road development projects to bolster India-Bangladesh trade gets ECNEC nod
নিজস্ব প্রতিনিধি, ঢাকা, ১৯ আগস্ট ২০২০ : ভারত ও বাংলাদেশের মধ্যে আমদানি-রফতানিসহ দ্বিপাক্ষিক বাণিজ্য সম্প্রসারণে জাতীয় অর্থনৈতিক পরিষদের নির্বাহী কমিটি (একনেক) ৮৪৫ কোটি ৫৩ লাখ টাকা ব্যয়ে বারৈয়ারহাট-হোঁয়াকো-রামগড় সড়ক প্রশস্তকরণ প্রকল্পের অনুমোদন দিয়েছে।
Bangladesh export sees growth, records $3.91bn in July
After a slump in export earning in April, amid the ongoing Covid-19 pandemic, Bangladesh has seen a grown in earning. A record earning of USD 3.91 billion in the month of July.
India to bolster trade with Bangladesh
India will bolster its trade and businesses with Bangladesh by adopting various strategies to counter Beijing's concessions to Dhaka. Recently, China offered Bangladesh duty-free access to its products, in an effort to weaken the Indo-Bangladesh trade and bilateral relations.