Bangladesh offers apparel to UK way cheaper than competitors Bangladesh offers some of the lowest prices for apparel products in the UK market compared to other major exporters such as China, India and Turkey, according to UK government data. Data from UK Trade Info indicates that, during the January-October period
Read MoreImport of six Ramadan essentials to be eased The government has decided to write to the Bangladesh Bank to ease the import process for six essential commodities that witness heightened demand around the month of Ramadan. The Ministry of Commerce is expected to issue the letter on Thursday to facilitate
Read MoreBangladesh earns $5.31b from export in December, highest in 2023 Bangladesh’s merchandise export earnings reached a pinnacle for the year in December at nearly $5.31 billion, as per data released by the Export Promotion Bureau (EPB) on 2 January. However, this marked a slight decrease of 1.06% from December 2022
Read MoreRemittance rises slightly in 2023 Bangladesh’s migrant workers sent home $21.82 billion as remittance in the just concluded calendar year, an increase of only 2.54 percent year on year mainly due to the gap of US dollar rate between formal and informal channel. The remittance earning was $21.28 billion in
Read MoreRemittances surge 22% in Dec’s first 22 days Remittance inflows surged around 22% year-on-year in the first 22 days of December, thanks to some flexibility in the dollar rate permitted by the Bangladesh Bank. According to central bank data, banks received remittances of $1.57 billion in the first 22 days
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