Bangladesh’s merchandise exports recorded a strong growth of 25.91 per cent year-on-year in June, reflecting new momentum despite persistent global economic and geopolitical challenges. According to provisional data released by the Export Promotion Bureau (EPB), the country earned US$4.20 billion from merchandise exports in June 2026, up from US$3.34 billion in the same month of […]
He also drew attention to persistent delays in the implementation of development projects, and called for greater efficiency, timely execution and adaptation to technological change. On the jute sector, the Commerce Minister stressed the importance of moving from raw jute exports to value-added jute products and diverse jute-based textiles, which offer significantly higher export returns. […]
Cabinet Division officials told BSS that, out of about 1,729 proposals received from various districts, viable proposals were selected after several rounds of meetings with ministries and implementing agencies and presented to the Prime Minister and concerned stakeholders. The Prime Minister’s Office has decided to implement the six key decisions in three phases – short-term […]
A decade ago, there were only 10-12 mills producing denim fabric in Bangladesh; Today this number has increased to approximately fifty. Several entrepreneurs report that domestic mills now supply about 60 percent of the country’s denim fabric demand, while the remaining 40 percent is imported from countries like Turkey and Pakistan. To strengthen Bangladesh’s capacity […]
Bangladesh has approached the United States seeking an exemption from temporary sanctions to allow imports of Russian diesel, officials said on Monday, as the Middle East turmoil disrupts global energy markets and puts pressure on fuel supplies. Energy ministry officials said Dhaka has requested a waiver similar to the one given to India, proposing to […]
Earlier, a ship carrying 31,000 tonnes of refined diesel, which arrived on March 26, has already offloaded its cargo and left the port. Apart from sea routes, around 7,000 tonnes of diesel has already reached the country through pipeline from India’s Numaligarh Refinery Limited (NRL), a responsible official of Bangladesh Petroleum Corporation (BPC), requesting anonymity, […]
Apart from Bangladesh, the 15 other countries under investigation are China, European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Mexico, Japan and India. In the statement, Greer said the United States will not allow its industrial capacity to be diminished for the benefit of other countries. In other words, Washington […]
According to the Export Promotion Bureau (EPB), in the last financial year 2024-25, Bangladesh exported goods worth USD 10.9 million to Iran. This includes jute yarn worth US$ 10.832 million, knitwear worth US$ 95,310 and knitted garments worth US$ 9,351. Bangladeshi exporters sent goods worth US$15.9 million to Iran in the financial year 2020-21. The […]
Accenture Footwear & Leather Products, a Savar-based company in Dhaka, exports leather bags, with most of its products destined for the United States. After reciprocating tariffs were imposed last year, the company received orders from a new US buyer. As a result, its exports by the end of last year increased by 18 percent compared […]
Ibrahim Khokon put forward four demands on behalf of the council. These include a government announcement that NCT will not be leased to DP World; Return of the Port President and bringing him under law for questioning; Withdrawal of all punitive measures taken so far against the protesting employees; And assured that no legal action […]
He expressed hope that effective implementation of this agreement will open a new chapter of mutual prosperity. Under the EPA, Bangladesh will receive significant benefits in both goods and services trade. About 7,379 Bangladeshi products, including ready-madegarments (RMG), will enjoy 100 percent duty-free access to the Japanese market. Bangladesh will expand its market to Japan […]
Prothom Alo photojournalist Saurav Das, who visited the port area for about two hours from 11:00 am on Wednesday, witnessed the unprecedented closure. This type of work stoppage by port workers and employees has not been seen in the last 19 years since 2007. The strike began at 8:00 am on Tuesday in protest against […]