Leading from the front in a pandemic
The outbreak of coronavirus and subsequent lockdown wrecked a havoc on business activities and wiped out many jobs apart from taking away many lives.
7 March 2021, 18:00 PM
Pandemic keeps hurting exports
Earnings from exports declined 3.92 per cent year-on-year to $3.19 billion in February because of a fall in apparel shipment as the lingering coronavirus pandemic continues to hurt the country’s key markets.
3 March 2021, 18:00 PM
Transition to Developing Nation: Govt to make roadmap soon
The government is going to prepare a roadmap soon for Bangladesh’s smooth transition from a least developed country to a developing one in the next five years.
28 February 2021, 18:00 PM
Becoming A Developing Nation: Bangladesh reaches A Milestone
Bangladesh has stepped into a new journey as it qualified to graduate into a developing nation from a Least Developed Country (LDC) after 45 years.
27 February 2021, 18:00 PM
Indonesia for safeguard measures against Bangladeshi apparel import to save domestic industry
The Indonesian Safeguards Committee (KPPI) recommended that the Indonesian government take safeguard measures against Bangladeshi apparel import to save the Indonesian domestic industry, according to a senior official of commerce ministry of Bangladesh.
25 February 2021, 18:36 PM
New era beckons
Bangladesh is confident that it can fend off the challenges stemming from the graduation from the grouping of least-developed countries (LDCs) as the government has taken measures.
25 February 2021, 18:00 PM
Australia to lift air cargo ban on Bangladesh
Australia is set to lift its ban on direct cargo flights from Dhaka, a move that is expected to boost Bangladesh’s shipments to the continent.
23 February 2021, 18:00 PM
Small garment factories struggling to stay afloat
The dearth of work orders from international retailers and brands to small and medium-sized garment factories is so acute that many entrepreneurs are looking for buyers to sell units and exit the industry for good.
22 February 2021, 18:00 PM
Youngone making massive investment in man-made fibre
Youngone Corporation, a global conglomerate based in Korea, has made massive investments in man-made fibre (MMF) for clothing in its factories in Bangladesh as artificial materials are now dominating the fashion industry, according to Kihak Sung, chairman and chief executive officer of the company.
21 February 2021, 18:00 PM
Rush for family savings tools
The downing of bank deposit rates is pushing savers towards national savings certificates as they seek higher returns after incomes were wiped out by the coronavirus pandemic.
21 February 2021, 18:00 PM
Number of voters soars ahead of BGMEA polls
The number of voters in the election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has risen to 2,313.
18 February 2021, 18:00 PM
37 apparel makers investing $650m in Bangabandhu Shilpa Nagar
Some 37 local textile and garment manufacturers have started investing in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) to establish high-end apparel factories.
14 February 2021, 18:00 PM
Bangladesh to graduate ‘with flying colours’
Just as it had been for past LDC status graduates, Bangladesh will also not face a lot of challenges afterwards for already having proven its economic resilience and potential for sustainable growth, according to a government study.
13 February 2021, 18:00 PM
Local clothing retailers, brands pin hopes on upcoming festivals
Local clothing retailers and brands expect their sales to revive in the upcoming Pahela Falgun, Valentine’s Day, Pahela Baishakh and Eid festivals thanks to the arrival of the Covid-19 vaccine, according to market insiders.
10 February 2021, 18:00 PM
Post-LDG export loss may create new poor
At least 66,622 people would fall below the poverty line due to the decline in exports following Bangladesh’s graduation to a developing nation from the group of least-developed countries, according to a government analysis.
8 February 2021, 18:00 PM
Improve infrastructure, business climate to remain competitive
Development of physical infrastructure, improvement of the business climate and labour productivity and technological adoption are the key to making Bangladesh competitive in global trade by offsetting the fallouts of the LDC graduation.
6 February 2021, 18:00 PM
High tariffs at home major hurdle to FTAs
Bangladesh will face an uphill task in convincing major trading partners and regional blocs to sign free trade agreements (FTAs) because of higher tariffs as it looks to retain duty benefits after its graduation from the LDC group, according to a government report.
3 February 2021, 18:00 PM
Export drops 5pc in January
Earnings from merchandise exports fell 4.99 per cent year-on-year to $3.43 billion in January because of slower recovery of garment shipment from the pandemic-induced business slowdown, official data showed yesterday.
2 February 2021, 18:00 PM
Exports, cheap foreign loans to take a hit for LDC graduation
Bangladesh’s export earnings and the flow of concessional foreign financing and grants will decline once it becomes a developing country, according to a government study.
1 February 2021, 18:00 PM
Most listed apparel makers log profit despite sluggish sales
Two-thirds listed apparel companies either made a higher profit or managed to stay in the black in July to December despite sluggish sales, reflecting the recovery for the most export-earning sector in Bangladesh.
31 January 2021, 18:00 PM