All Finance

We can solve load shedding within this month: Minister of State in Parliament

Teen dies during fight with relative over tea stall bill

There is no such crisis where UN will need to intervene: Obaidul Quader

Trying to take country forward despite limitations: PM Sheikh Hasina

The 6-point outline of independence was drawn up with public support: Prime Minister

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.