Budget lacks dedicated plan for LDC graduation
12 June 2026, 00:00 AM
Although the proposed budget for fiscal year 2026-27 offers some measures that are aligned with the government’s Smooth Transition Strategy (STS) for LDC graduation, it lacks a dedicated framework with preparations for this watershed moment, which is due in November, experts said.
12 June 2026, 00:00 AM
Govt reduces source tax on import of 60 essential commodities
11 June 2026, 22:26 PM
The government has proposed withdrawing source tax on the import of 60 essential commodities, aiming to improve the standard of living of every individual and family in the country
11 June 2026, 22:26 PM
Govt to withdraw import duty on 51 active pharmaceutical ingredients
11 June 2026, 21:33 PM
The government has proposed the complete withdrawal of import duty on 51 new raw materials used in the manufacture of active pharmaceutical ingredients (APIs) to make medicines more affordable for consumers in the domestic marke
11 June 2026, 21:33 PM
Govt eyes air cargo hubs to boost trade
11 June 2026, 20:13 PM
Once implemented, the international airports in Dhaka, Chattogram and Sylhet will gradually be upgraded into full-fledged logistics hubs, which will significantly expand the e-commerce sector
11 June 2026, 20:13 PM
Govt looks beyond traditional labour markets
11 June 2026, 18:13 PM
After a long period of closure, the government has also restarted the process of reopening labour markets in Malaysia, Oman, the United Arab Emirates, and Kuwait, the finance minister said during his budget speech today
11 June 2026, 18:13 PM
Exporters beyond RMG get bond facility
11 June 2026, 17:50 PM
The government also proposed exempting 100 percent export-oriented compliant garment factories from mandatory annual bond audits
11 June 2026, 17:50 PM
Japanese buyers seek more apparel sourcing under EPA
9 June 2026, 00:00 AM
Japan is looking to increase imports of garment products from Bangladesh, with Japanese companies seeking local business partners to strengthen sourcing under the Economic Partnership Agreement (EPA) signed between the two countries.
9 June 2026, 00:00 AM
BGMEA calls emergency meeting on export slump
8 June 2026, 00:00 AM
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will hold an emergency board meeting today to review the persistent decline in garment exports.
8 June 2026, 00:00 AM
A garment powerhouse
Walk down the road in Savar, Gazipur or Narayanganj in the morning hours and you will see a long line of workers heading to work.
1 March 2024, 18:00 PM
Rapid urbanisation no impediment to lungi market expansion
Exports of locally made lungis, a widely used everyday garb for southeast Asian men, have been rising rapidly because of the increasing Bangladeshi diaspora worldwide while the local market has also been on an upward curve due to Bangladesh’s growing population, industry insiders said.
16 February 2024, 00:34 AM
Garment exports to rebound in May as global economy on the mend
Garment export from Bangladesh may witness a strong rebound from May as suppliers are receiving a lot of inquiries from international buyers as the global economy recovers from the severe fallout of the Covid-19 pandemic and the Russia-Ukraine war.
14 February 2024, 01:00 AM
Bangladesh’s major trade bodies join global call for Red Sea safety
Three of Bangladesh’s major trade bodies have joined a global initiative calling on governments to collaborate in ensuring safe passage of commercial vessels over the Red Sea and deter a repeat of last December’s attacks.
11 February 2024, 16:59 PM
Garment exports to US dropped 25% last year
Garment exports to the US, the biggest market for Bangladeshi products, declined by around 25 percent year-on-year to $7.28 billion last year for a slowdown in imports by American fashion retailers and brands due to high inflationary pressure.
10 February 2024, 19:48 PM
Poland saves the day for Bangladesh's garment shipment to Russia
Bangladesh shipped apparel goods worth $650 million to Russia in the financial year of 2020-21 and was tipped soon to be crossing the $1-billion mark in the promising market.
8 February 2024, 01:25 AM
Home textile exports hit by currency volatility, gas crisis
The highly promising home textile sector of Bangladesh is losing its lustre in the export market as the lingering gas crisis, the volatile exchange rate and the higher production cost are forcing many factories to go out of business.
8 February 2024, 01:00 AM
Textile millers seek a way out as gas crisis worsens
Faced with a chronic gas crisis and volatile exchange rates, a number of ailing textile millers are putting their factories up for sale as they are no longer able to contend with losses stemming from dwindling production.
6 February 2024, 00:10 AM
Exports hit record $5.7b in January
The merchandise exports rebounded strongly in January as manufacturers shipped goods worth $5.72 billion, the highest in a single month, which, coupled with a rise in remittances and a fall in imports, could ease pressure on the economy.
4 February 2024, 21:14 PM
Textile machinery sellers expect higher sales in 2024
International textile and garment machinery sellers are optimistic about a rebound in their business in Bangladesh this year as the global clothing supply chain is recovering from the sluggish trend.
2 February 2024, 00:21 AM
Incentive cuts will hurt exports. That’s for the time being
Exporters have expressed disappointment about the government’s sudden cut in cash incentives on the shipment of garments and other export-oriented products
1 February 2024, 01:30 AM
‘India agrees to export sugar, onion’
India has agreed to export 50,000 tonnes of sugar and 20,000 tonnes of onion to Bangladesh before Ramadan, said Ahsanul Islam (Titu), the state minister for commerce.
30 January 2024, 18:00 PM
RMG shipping cost climbs for Red Sea diversion
International clothing retailers and brands are still choosing seaways, instead of air, to carry goods from Bangladesh to Europe although the rerouting of ships away from the Red Sea has increased the freight charge by more than 30 percent and added 15 days to the sailing time.
28 January 2024, 00:14 AM
BGMEA Election: forum panel complains about 429 voters
The Forum panel taking part in the election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday demanded cancellation of the preliminary voter list and publishing a new one as the tax files of 429 voters could not be found.
24 January 2024, 21:00 PM
Economy to take a beating for acute gas crisis
With industries suffering from the gas crisis, it might cause the consumers higher price concerns
24 January 2024, 01:00 AM
New Development Bank open to financing projects in Bangladesh
NDB has various development projects in consideration depending on the execution capacity of Bangladesh, says vice president Vladimir Kazbekov
23 January 2024, 01:30 AM
Garment exports to US double in five years
Overall apparel shipment rose 3.67% to $47.39 billion in 2023
22 January 2024, 15:27 PM
Lingering Red Sea crisis pushes up trade costs for Bangladesh
The Red Sea crisis is affecting Bangladesh's international trade as costs have increased
17 January 2024, 01:45 AM
Investment rises as Bangladesh conquers the world of denim
Being the top supplier of denim in both the EU and US, local investors are continuing to pour funds to capitalize growth
14 January 2024, 00:45 AM
RMG exports to US continue to decline
Apparel shipments from Bangladesh to the United States have continued its downward trend for the past several months due to slowdown in the sourcing of garment items by American retailers and brands because of higher inflationary pressure.
11 January 2024, 01:00 AM