However, imports of goods from various countries into India have decreased. India has imported products worth US$ 560 billion in the first ten months of its current financial year, compared to US$ 601.47 billion at the same time in the last financial year. According to India's Ministry of Commerce and Industry, their imports have declined […]
However, the government issued an order late on Friday night that the ban will continue until further notice. “Given the falling prices coupled with the increasing supply of the new season crop, the expansion is surprising and completely unnecessary,” an official at a Mumbai-based export firm said on condition of anonymity. Onion prices in some […]
Russian grain exports are projected to reach 65 million metric tons in the current 2023/24 season, compared to 60 million tons in the last marketing season. The Russian Federation does not publish official export statistics. IKAR analysts estimate wheat exports this season at around 52 million tonnes and SovEcon at 48.6 million tonnes. “So far, […]
Considering the circumstances, CPD has advised to set three main objectives in preparing the next budget. First, to restore macroeconomic stability and protect disadvantaged populations; Secondly, to take initiative to increase revenue collection so that dependence on banks is reduced and it becomes possible to meet necessary expenditure from revenue income; And third, to prioritize […]
Bangladesh is the third largest exporter after China and Vietnam. China exported finished garments worth $1.41 billion in January 2024 – down 2 percent from the same period last year. Exports from Vietnam fell 4.76 percent to $1.20 billion. After Bangladesh, India and Indonesia come next. India exported $350 million worth of RMG products to […]
Teknaf Paurashwa Panel Mayor Mujibur Rahman said 30-35 mortar shell explosions were heard in Keriprang and Perangpru villages, south of Mongdu township, between Wednesday evening and early Thursday morning, and hit the Jaliyapara, Chowdhurypara, Kulalpara and Delpara areas of Teknaf. Moved. Municipality. Bangladesh and Myanmar opened bilateral trade on 5 September 1995 to prevent border […]
Good governance, policy support necessary in financial sector
However, the Indian government said that despite the overall ban on onion exports, kitchen items will be exported to six countries in limited quantities at the G2G (government to government) level. Although it is being said in media reports that the government has taken this decision due to the recommendations of the Foreign Ministry of […]
Sheikh HM Mustafiz, managing director of Cute Dress Industries, informed Prothom Alo that purchase orders from the United States are increasing along with an increase in orders from Canada and South America. Last year, demand for readymade garments declined, leading to fewer purchase orders due to high stocks of goods in various US warehouses. However, […]
Mayor Lytton said they had been working to start a river port for more than five years. Ultimately this happened due to the sincere efforts of Prime Minister Sheikh Hasina. The river port will be used mainly for import of stone, fly ash, stone, coal, fruits and spices from India as well as export of […]
In another program during the day, the Prime Minister stressed on expansion of export markets and diversification of production. “To increase exports, there should be diversification of products as well as expansion of the market,” he said while leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) paid a courtesy call on the Prime Minister […]
He said that Bangladeshis are in good demand in Italy as they work there with good reputation. “Italy is a very important country for us and Bangladeshi workers are working there with good reputation. We have to take advantage of this. The European Union also plans to help us in various areas,” he said. Meanwhile, […]
Exporters say the global economy is going through stress due to the coronavirus pandemic, followed by the Russia-Ukraine war and the Hamas-Israel war. Demand for various products including readymade garments has decreased. In these difficult times, the size of the Export Development Fund (EDF) was reduced last year. The cost of business is continuously increasing. […]
“The achievement of new markets is a positive side, but it is limited to two or three markets,” Khondaker Golam Moazzam, research director at the Center for Policy Dialogue (CPD), told Prothom Alo. We highlighted data and statistics on 15 potential markets in a research in 2010, and we are performing better in the markets […]
Recent years have seen an increase in the prices of raw fish, leading to an increase in the price of dried fish. Traders and exporters said rising prices also affect dry fish exports. Traders of Asadganj said that many fishermen have given up fishing and started doing other work. Moreover, traders believe that selling of […]