Shwapna Bhowmick now Marks and Spencer’s head for Bangladesh, India
Bangladesh-born Shwapna Bhowmick has been promoted to play the role of the head of Bangladesh and India operations of British retail giant Marks and Spencer (M&S).
22 September 2022, 14:11 PM
Locally made jerseys to adorn FIFA World Cup
Bangladesh is increasingly becoming a source not only for replica football shirts worn by fans but also kits used in practice by players of the International Federation of Association Football (FIFA) World Cup alongside European clubs.
22 September 2022, 02:30 AM
Trade with India in rupee not feasible
Businesses will not be able to use the Indian rupee for trading with India as the Bangladesh Bank has not enlisted the currency for the settlement of bills for exports and imports.
22 September 2022, 02:10 AM
Policy on cards for cross-border electronic transmissions
The government is going to formulate a policy on cross-border electronic transmissions in a bid to help guide the country’s thriving e-commerce industry in this regard, according to a senior official of the commerce ministry.
19 September 2022, 18:00 PM
Sweater exporters in hot water
Sweater suppliers in Bangladesh are witnessing relatively a dull season because of a longer-than-usual dry spell in European countries and the higher cost of living fueled by the Russian-Ukraine war.
16 September 2022, 02:00 AM
Transit deal with Bhutan edges closer to reality
A transit agreement between Bangladesh and Bhutan was finalised yesterday with senior officials of both countries agreeing to draft terms and conditions at a secretary level meeting in Dhaka.
15 September 2022, 02:50 AM
Bangladesh leads global denim market
Bangladesh’s dominance in the global denim market has continued thanks to a surge in demand driven by the trade tension between the US and China.
14 September 2022, 02:30 AM
3 more garment factories get global green recognition
Three more Bangladeshi garment factories yesterday received international recognition of being green, taking the total to 171, although international clothing retailers and brands are still not paying premium prices for apparel items produced by those suppliers.
13 September 2022, 02:30 AM
Cotton price drop can’t cheer up garment makers
International cotton prices have significantly fallen but brought little cheer to local spinners and garment manufacturers suffering from a drop in work orders from international retailers and brands.
12 September 2022, 02:10 AM
Rise of an apparel mogul
Even in 1994, DBL Group, a leading garment exporter, was struggling to survive with less than 300 workers and a small factory in the capital’s Farmgate.
10 September 2022, 18:00 PM
Goods transit thru India holds great prospects
India’s offer of free transit will expand the regional and sub-regional market for Bangladesh’s exporters since it would allow them to ship goods to countries such as Nepal and Bhutan, said officials, economists and businessmen.
9 September 2022, 02:10 AM
Target $100b export by 2030: BGMEA focuses on Asia, non-cotton items
Bangladesh’s garment manufacturers are pinning their hopes on the burgeoning Asian markets and the growing use of non-cotton apparel items to elevate their export earnings to $100 billion by 2030.
8 September 2022, 02:15 AM
Denim sales plunge for dry spell in Europe
With people in many parts of Europe facing heatwave, longer than usual dry summers and runaway inflation, denim makers in Bangladesh are feeling the pinch.
6 September 2022, 02:10 AM
Export buoyancy may not continue
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.
5 September 2022, 02:45 AM
Govt allows 2,450 tonnes of hilsa export to India
The government yesterday approved the applications of 49 businessmen to export 2,450 tonnes of hilsa to India as the demand for this kind of fish rises among Indian consumers ahead of Durga Puja, the biggest religious festival in the neighbouring country, scheduled to be held next month.
4 September 2022, 18:00 PM
Bangladesh-India CEPA: Something to look forward to
If implemented properly, Bangladesh stands to gain more from the proposed trade pact with India by way of higher exports and investment despite the loss in tariff revenue, found a Dhaka-Delhi joint feasibility study.
4 September 2022, 02:30 AM
Exports grow at sharpest pace in five years
Merchandise exports posted a whopping 38.09 per cent year-on-year growth in August to bring home $4.67 billion, handing more breathing room to Bangladesh struggling to bring its macroeconomy under control, official figures showed yesterday.
2 September 2022, 02:20 AM
Govt eyes amendment to labour law
The government wants to amend the labour law as soon as possible to comply with European Union labour standards in a bid to obtain the GSP Plus status in the key export market, said the commerce secretary yesterday.
28 August 2022, 18:00 PM
Ticfa meeting in Nov: Bangladesh to seek GSP revival
Bangladesh will again raise the issue of the reinstatement of the Generalised System of Preferences (GSP) of the US in the Trade and Investment Cooperation Forum Agreement (Ticfa) meeting in Washington in November, said Tapan Kanti Ghosh, senior secretary to the commerce ministry, yesterday.
26 August 2022, 02:45 AM
Three-fourths of RMG exports concentrated in 9 countries
Around 73 per cent of Bangladesh’s garment exports is still limited to nine countries for a lack of market diversification in spite of different public and private initiatives.
25 August 2022, 03:15 AM