Recycling plastic bottles to make garments Bangladesh is set to become a major source of recycled yarn and fabrics made from plastic bottles as the country looks to capture more market share of global high value-added garment items such as activewear, outerwear, padding and quilting. Seven local mills have already
Read MoreFebruary exports hit another milestone Earnings from merchandise shipments continued to soar in February, registering growth of 34.54 per cent year-on-year to reach $4.29 billion on the back of increased garment exports. February’s earnings were the highest in the same month of the past 10 years.The February receipts are also
Read MoreFirst Chief of Operation of CMSF Mr. Md. Monowar Hossain FCA has joined as the first Chief of Operation (COO) of Capital Market Stabilisation Fund (CMSF). The CMSF was established by the BSEC (Capital Market Stabilisation Fund) Rules, 2021 (CMSF Rule 2021) by BSEC in exercise of the powers conferred
Read MorePrivate credits grow as trade demand rises Credit flow into Bangladesh’s private sector increases further as demand for loans, particularly for trade financing, grows for settling import payments. The reopening of the country’s overall business activities has helped push up the credit growth, officials say about the January upturn. According
Read MoreMr. EmranulHuq re-appointed as Dhaka Bank MD Dhaka Bank Limited has reappointed Mr. Emranul Huq as the Managing Director & Chief Executive Officer for another 3 years term effective from February 22, 2022. Mr. Huq took over the helm of the bank from his predecessor in February 2020. During his
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