Exports to India remain dismal
Despite sharing a long border, Bangladesh is still a very tiny source for merchandise for India due to a lack of diversification of products and non-tariff barriers.
3 October 2019
Sanofi says no plan to exit, employees state otherwise
Sanofi has sent out a letter to medical professionals reassuring them that the French pharma giant was not leaving Bangladesh -- a move that its 1,000 employees say is nothing more than an eyewash.
3 October 2019
Yarn consumption doubles in six years
Yarn consumption doubled over the last six years because of high demand from domestic garment manufacturers and high volume of
29 September 2019
RMG exporters in a fix as US buyer rejects $2.6m cargo
A US buyer has dealt a serious blow to 11 Bangladeshi garment exporters as it refused to accept goods worth $2.6 million (more than Tk 22 crore) although the shipment reached the port on time.
26 September 2019
Sanofi’s exit plan baffles employees
French pharma giant Sanofi’s intent to leave Bangladesh after 60 years despite being a profitable company has left its 1,000
24 September 2019
50 small RMG units shut in six months
About 50,000 workers have lost their jobs as 50 small and medium-sized garment factories have shuttered their operations since April.
21 September 2019
Sanofi to leave Bangladesh
Sanofi, the French pharmaceuticals giant, is planning to exit Bangladesh after 60 years in the country by offloading stakes, in a
14 September 2019
Decathlon enters Bangladesh
French sporting goods retailer Decathlon has recently opened its first store in Dhaka’s Uttara targeting Bangladesh’s growing market
9 September 2019
Exports tumble
Exports receipts last month came crashing down after logging in a record in July on the back of lower shipments of garment items.
8 September 2019
Leather sector’s woes not ending soon
Absence of a fully functional central effluent treatment plant (CETP) and solid waste management at Savar Tannery Industrial Estate
26 August 2019
Leather goods exports rebound
Export of leather and leather goods from Bangladesh rebounded strongly after more than two years thanks to higher shipments to non-traditional markets and the US-China trade war, exporters said.
21 August 2019
Exports smash record in July, fetch $3.89b
Exports brought home record amounts in July, in a development that will bring a huge sigh of relief for the government battling sizeable balance of payments deficit.
20 August 2019
Tanners to start buying rawhide from today
Tanners will start buying rawhide from merchants today amid a slump in prices and dumping of 35 percent rawhide after the Eid-ul-Azha.
“We have already conveyed the message to our members that we will start buying salt-applied rawhide from tomorrow [today].
16 August 2019
Primark cuts ties with some factories
British retail giant Primark has suspended business ties with some garment factories in Bangladesh, which had terminated 427 workers for their alleged involvement in agitations during December 2018 and January 2019 demanding a wage hike.
6 August 2019
He dreamt it, she built it
Visionary entrepreneur Qamrun Nahar Zahir has led Ananta Group from the front to help its annual turnover to cross $300 million last year.
29 July 2019
RMG exporters looking East
Three Asian nations -- India, China and Japan -- are fast emerging as major apparel export destinations for Bangladesh after a jump in orders in the immediate past fiscal year.
17 July 2019
Apparel prices fall 1.61pc in 4yrs
Prices of garment items exported from Bangladesh dipped by 1.61 percent over the last four years, a reflection of the pressure
13 July 2019
Govt formulates strategy to raise revenue collection
The government has devised a strategy to ramp up revenue collection by Tk 60,000 crore in the new fiscal year in order to help the National Board of Revenue (NBR) reach its tax mobilisation goal.
11 July 2019
Vietnam a step closer to beating Bangladesh in apparel exports
In a blow to apparel exporters, the EU, Bangladesh’s largest export destination, has extended duty-free access to Vietnam, eliminating
9 July 2019
Double-digit export growth in FY19
The country’s merchandise export earnings grew by 10.55 percent year-on-year to $40.53 billion in the immediate past fiscal year riding on a high volume of garment shipment in a favourable external business environment.
8 July 2019