Garment makers should follow sustainable production practices as the country could lose nearly $27 billion in apparel exports by 2030 if environmental degradation continues at the current pace, according to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The bad loans rose by Tk 24,419 crore in the last three months to June

It hit $4.31 billion in September

$1.34 billion came in September, lowest since April of 2020

The banks are: Social Islami Bank, Al-Arafah Islami, Mercantile, Modhumoti, Midland, Brac, Exim, Premier, Shahjalal Islami and Trust.

Latin America is turning into a major export destination for Bangladesh riding on higher apparel shipments at competitive prices as part of the country’s efforts to diversify.

From tomorrow, prices of each bhori of gold will be Tk 98,210

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought fair prices and demanded ethical sourcing of garments from the US retailers and brands as the new wages for the workers are expected to be implemented from December this year.

The duo has so far defaulted on loans of Tk 904 crore given by different banks

The reserves hit $21.15 billion on Sep 26

The company’s profit fell to Tk 9.74 crore in FY23 from Tk 80.66 crore in FY22

The company made a profit of Tk 16.71 crore in FY23

New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.

A total of 173 tonnes of hilsa have been exported to India through Benapole port since Thursday

The forward forex rate will be Tk 113.85 a US dollar

The US visa restrictions will not have any impact on the apparel shipment to the American market, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), today.

Bangladesh’s garment exports to the US can increase annually anywhere from $400 million to $800 million if the American government offers a “cotton GSP scheme”, according to a study.

The Bangladesh Foreign Exchange Dealers' Association (Bafeda) and the Association of Bankers' Bangladesh (ABB) increased the rate at a virtual meeting

The central bank instruction came from a meeting between Governor Abdur Rouf Talukder and a delegation of the Association of Bankers Bangladesh (ABB)

The BGMEA made the demands in a letter sent to Action, Collaboration, Transformation (ACT)