Apparel shipments see big jump in August Bangladesh’s apparel exports registered a 58% year-on-year growth to over $2.5 billion in the first 22 days of August – at a time when the sector’s major export destinations are experiencing record inflation owing to the ongoing war between Russia and Ukraine. The
Read MoreGrain imports to begin from Russia, Vietnam, India Bangladesh is set to sign agreements with three different countries, including Russia, finalising the import of 8.3 lakh tonnes of wheat and rice. Imports were on hold after the start of the Russia-Ukraine conflict in February. The new agreements are set to
Read MoreBangabandhu Shilpa Nagar: 2 companies begin production, more to follow Two companies in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), the country’s largest industrial city in Chattogram, have gone into production this year while two others are gearing up for production next year. Ferdous Wahid, assistant engineer of Bangladesh Economic Zones
Read MoreBanks to operate from 9am to 3pm daily Banks across the country will remain open from 9am to 3pm daily to save electricity. The new timings will come into effect from Wednesday (24 August). Cabinet Secretary Khandker Anwarul Islam made the disclosure after a Cabinet meeting. He also announced that
Read MoreADB signs deal with five global insurers The Asian Development Bank (ADB) has signed an agreement with five leading global insurers which will mobilise up to US$1 billion of cofinancing capacity to support lending to Financial Institutions (FIs) in Asia and the Pacific. The highly rated insurers participating in the
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