Lingering Red Sea crisis pushes up trade costs for Bangladesh
The Red Sea crisis is affecting Bangladesh's international trade as costs have increased
17 January 2024, 01:45 AM
Investment rises as Bangladesh conquers the world of denim
Being the top supplier of denim in both the EU and US, local investors are continuing to pour funds to capitalize growth
14 January 2024, 00:45 AM
RMG exports to US continue to decline
Apparel shipments from Bangladesh to the United States have continued its downward trend for the past several months due to slowdown in the sourcing of garment items by American retailers and brands because of higher inflationary pressure.
11 January 2024, 01:00 AM
Who will be new finance, commerce and planning ministers?
Although many ministers in the outgoing cabinet have been able to keep their place in the upcoming one, some big names have been left out.
10 January 2024, 17:15 PM
Bangladesh retains top position in RMG export to UK by volume
While Bangladesh retained top position in garment export to UK, prices still remain one of the lowest
9 January 2024, 18:30 PM
An unlikely product brings $400m a year: cotton waste
Rising emphasis on recycling and sustainability from global brands is driving the cotton waste export from Bangladesh
6 January 2024, 20:30 PM
BB, NBR urged to facilitate import of six Ramadan commodities
Commerce ministry writes letters to Bangladesh Bank, the National Board of Revenue
4 January 2024, 14:55 PM
Shipping costs jump as Red Sea impasse lingers
The Red Sea crisis is causing Bangladeshi exporters and importers to pay higher freight charges to the US and Europe
3 January 2024, 16:09 PM
Export, remittance earnings limp along
Export and remittance sectors suffered disappointments in 2023, looking desperately for solutions this year
3 January 2024, 00:10 AM
Investment dried up in textile and garment in 2023
The textile and garment sector witnessed a very dry investment season in 2023 as demand for clothing items fell globally
2 January 2024, 01:48 AM
Garment exports to face rocky recovery in 2024
Garment exports from Bangladesh may witness moderate growth of between 7 and 10 percent in 2024 after struggling to perform strongly in the outgoing year due to a global economic slowdown.
31 December 2023, 00:15 AM
Bangladesh to become 20th largest economy by 2038
Bangladesh is set to become the world's 20th largest economy by 2038 owing to continued economic growth, according to a forecast by the London-based Centre for Economics and Business Research (CEBR) on Wednesday.
29 December 2023, 01:30 AM
Bangladesh not using Uyghur items: BGMEA
There is no chance of Bangladeshi garment factories using materials like cotton, yarn and fabrics produced in China’s Xinjiang region, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), yesterday.
29 December 2023, 00:15 AM
Govt ponders running industries on LPG
The government has formed a panel to frame a policy by identifying the potentials and challenges of use of liquefied petroleum gas (LPG) in the industrial sector.
11 December 2023, 00:15 AM
RMG shipment to the USA fell 24.75% in Jan-Oct
Garment export to the US fell 24.75 percent year-on-year to $6.35 billion in January-October this year
8 December 2023, 00:15 AM
Dialogue with diplomats on labour rights postponed
The commerce ministry yesterday informed of having postponed its upcoming meeting on the latest labour rights reforms with five diplomats “for the Christmas holiday”.
6 December 2023, 00:20 AM
Govt likely to retreat from its quest for higher growth
government is likely to lower its economic growth target by one percentage point for the fiscal year ending in June
6 December 2023, 00:15 AM
Bangladesh to discuss labour rights today
The government is going to hold a dialogue today on the latest labour rights situation as both the US and the European Union (EU), two major export destinations, are putting pressure for implementing commitments made in a National Action Plan (NAP).
4 December 2023, 00:40 AM
Demand for Tk 70cr arrears: Garment workers stage sit-in before Srama Bhaban
Nearly 1,000 workers of Dird Composite Textiles Ltd staged a sit-in in front of the Department for Inspection of Factories and Establishments (Dife) and the Department of Labour (DoL) yesterday, demanding arrears amounting to nearly Tk 70 crore.
3 December 2023, 19:01 PM
Next BGMEA election likely on March 9
The elections to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the platform for apparel manufacturers and exporters, is going to be held in March next year to elect the leadership for 2024-26.
3 December 2023, 18:00 PM