10-year loan rescheduling facility for ship-builders Loans, leases and investments extended by non-bank financial institutions (NBFIs) to ship manufacturers could be rescheduled for up to 10 years as the central bank took the initiative to help beleaguered borrowers resume making installments. Revenue flows to ship-builders, catering to both local and
Read MoreRFL expands Bizli Cables product line with new medium-voltage cable RFL Group, widely known as Pran-RFL Group, one of the leading business conglomerates in the country, has introduced a new product category — medium-voltage power cable — to its popular cable brand Bizli Cables. The trial production of the cable
Read MoreRMG exports: Bangladesh earned $3.95 billion in July The total RMG export during July in FY 2023-24 stood at $3.95 billion, up from $3.37 billion dollars in the same period in FY 2022-23, indicating 17.43% year-on-year growth. RMG export earnings from woven garments in July FY 2023-24 grew by 11.54%
Read MoreNet RMG export ratio at all-time high of 71.5% Bangladesh’s readymade garment (RMG) net exports increased significantly in the April-June quarter, contributing positively to the country’s trade balance. Net exports – total exports minus raw material imports – surged to an all-time high of 71.5%, reaching $8.4 billion in that
Read MoreApparel export to US sees 6.31% growth in July Ready-made garments (RMG) export to the US, the largest export destination for Bangladesh has increased by 6.31% in July of 2023-24 fiscal year to $729.03 million from $685.77 million in July of 2022-23 fiscal, As per the statistics of Export Promotion
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