Bangladesh recorded robust export earnings riding on the main export earner knitwear and woven garments in the first two months of the current fiscal year.  

Traders in Bangladesh are seeking permission from the government to export Hilsa to India on the eve of the Durga Puja, the biggest religious festival of Hindu devotees, when the demand for the popular fish goes up.    

Bangladesh needs to prepare to grab a bigger slice of the European Union’s export market as China may lose 8 to 10 per cent of its share within the next few years due to global geopolitical changes, an economist said yesterday.

Despite a lot of emphasis by policy-makers on cutting dependence on a single product for exports over the years, the share of readymade garments has increased gradually, putting external sales, jobs, and the economy as a whole at risk. 

Private inland container depots (ICDs) have raised charges for their services involving handling export-laden containers by 25 per cent citing the August 5 hike in fuel prices. 

Bangladesh’s exports to South Asian nations reached a new high in the last fiscal year of 2021-22 for having grown steadily over the past three years, according to Export Promotion Bureau (EPB).

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged Prime Minister Sheikh Hasina to readjust fuel prices by withdrawing taxes on petroleum products.

The customs authority has withdrawn import duties on 43 types of Bhutanese goods to give them better market access to Bangladesh, according to a notification issued by the National Board of Revenue (NBR) recently.

The cost of fuels for Plummy Fashions Ltd, the world's greenest knitwear factory located in Narayanganj, will go up by 25 per cent owing to Saturday’s more than 50 per cent hike in the price of petroleum products.

Export earnings grew by 15 per cent year-on-year to $3.98 billion in July, the first month of the current fiscal year.

The port’s effort to keep trading on even amid pandemic in the last fiscal year has helped log the export growth, said Abdul Jalil, deputy director for administration of the Benapole Port.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the central bank governor for conducting strong monitoring in private commercial banks and financial institutions to check the anomalies in currency exchange business.

Bangladesh wants easy and cheap cotton from Uzbekistan to boost trade relations between the two countries, Senior Commerce Secretary Tapan Kanti Ghosh said today.

Marking new possibilities, a garment consignment has left Mongla Port. A Panamanian-flagged ship named "Maersk Nesna" left Mongla Port for Poland at 11:30 am today (July 28, 2022).

The Metropolitan Chamber of Commerce and Industry (MCCI) today suggested the central bank should consider China’s Renminbi (RMB) as a second currency for international trading, especially for importing raw materials from China.

The Bangladesh Bank today asked banks not to purchase any vehicle in the next one year as part of the government’s efforts to cut import payments to tackle the ongoing forex volatility.

Bangladesh is failing to utilise 20 per cent of its export potential because of poor logistics services in ports, roads and clearance services in Chattogram port, an economist said today.

In the last fiscal year, Bangladesh shipped furniture to 62 countries,

Pran-RFL Group targets to export products worth $1 billion by 2025 and $2 billion by 2030.

The weeklong event will be organised by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in partnership with Bangladesh Apparel Exchange (BAE) to promote the local garment industry in global platforms.