Computer services export from Bangladesh is rising in sync with global demand for data processing, hosting and consultancy services as many people are working from home while companies are outsourcing amidst the lingering coronavirus pandemic.

Apparel exporters today expressed their worry over the rising yarn prices in the local market and urged the government to take immediate steps to address the problem.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged global apparel buyers to nominate more shipping lines and private off-docks to help ensure timely shipment of export containers.

There has been a remarkable decline in the number of export-laden containers that were about to overwhelm private inland container depots (ICDs) early last month.

Exports declined in July as reduced working days for Eid-ul-Azha and coronavirus containment measures affected the production and shipment of most of the items, including clothing, the main foreign currency earner.

Exports fell 11.19 per cent year-on-year to $3.47 billion in July this year mainly because of a massive decrease in garment shipment.

Export and import operations through Banglabandha land port have resumed after 12 days of work suspension on the occasions of Eid-ul-Azha.   

The government is going to recognise 66 exporters with the “National Export Trophy” for the financial year 2017-18 for earning the highest amount of foreign currency through export in their respective sectors.

The Liberian-flagged vessel carrying export containers left Chittagong port for Colombo today following a High Court order after being kept impounded for the last eleven days at the outer anchorage of the port.

The government is going to recognize 66 exporters with the “National Export Trophy” for the financial year 2017-18 for earning the highest amount of foreign currency through export in their respective sectors.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the government to allow them to reopen all factories including export-oriented industries, citing that export might suffer severely for the continued restriction.

Wheat import has declined by 15 per cent, or 9.91 lakh tonnes, year-on-year in fiscal 2020-21 for international price hike and a fall in local demand due to the pandemic.

An Indian company—Sewtech Fashion Ltd, a sister concern of India’s largest apparel maker Shahi Exports Pvt Ltd—has agreed to invest $9.26 million in Chattogram Export Processing Zone.

Garment shipment will suffer a serious setback if production is suspended in July and August as it is the prime season for apparel manufacturers since sales rise in the Western market because of winter and Christmas, exporters said.

Competitiveness, skills development and technological advancement are key to overcome the challenges of LDC graduation for Bangladesh, speakers said at a webinar yesterday.

The government is working with its utmost importance to remove the existing barriers in the export of fruits and vegetables to the developed countries, Agriculture Minister Muhammad Abdur Razzaque said today.

Bicycle exports have hit a new high, buoyed by increasing demand for the green mode for transportation aiding social distancing in the face of a surging number of coronavirus infections.

Bangladesh needs to formulate long-term plans on how to enhance its export basket after graduating from the UN's group of Least Developed Countries (LDCs), experts say at a webinar held yesterday.

Bangladesh has targeted exporting $51 billion worth of merchandise and services this fiscal year.

Pharmaceutical shipments from Bangladesh grew 25 per cent year-on-year to $169 million in the last fiscal thanks to the addition of anti-coronavirus drugs to the export basket, continuous improvement of quality and policy support.