India’s share in global trade has not kept up with its fast-growing economy, as Vietnam and Bangladesh have surpassed the country as low-cost manufacturing and export hubs, according to a recent report of World Bank (WB)..Despite India’s rapid economic growth, the proportion of trade in go

The 12-member panel held its first meeting today, the next one on Sep 3

Imports, remittances and forex reserves are likely to increase, the leading chamber says

The permission was given as rail communication to Kamalapur ICD has remained suspended

The Forum wants intervention of the commerce adviser and a re-election at the garment makers’ platform

The Chattogram Port Authority and Chattogram customs have taken the initiative to maintain activities round the clock, even on weekends and public holidays, in a bid to reduce container congestion..These measures were agreed upon after talks with key stakeholders at the Chattogram port bui

Dhaka-based firms defaulted most of the amount at $558.7 million and Chattogram-based ones $29.7 million

The suspension began on August 3

Bangladesh’s PMI hit 36.9 where a reading of 50 indicates 'no change' compared to last month and above 50 means economy is generally ‘expanding’

The AAFA is the American trade association representing apparel, footwear and other sewn products companies, and their suppliers

The BGMEA took the decision today in an emergency meeting

The executive committee members of the trade body will took part in the meeting

1,175 TEUs of containers were released from the port today, down from the regular 8,000 TEUs

Most vehicles avoided the highway today

The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs

The country now holds 7.4% of global market garment share

The Bangladesh Shipping Agents’ Association (BSAA) has urged the government to waive all port charges incurred for delays in container handling amid the weeklong unrest, internet outage and stringent curfew that began on July 18..The BSAA, the country’s sole trade body for shipping agents,

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago

Banks could not receive any remittance in the five days of countrywide internet blackout this month

The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit