Govt eyes $2b exports in 2yrs The agriculture ministry plans to double export earnings from fresh vegetables, fruits, processed spices and foods to $2 billion in the next two years by addressing bottlenecks faced by exporters, according to a draft plan. The initiative comes as export receipts from overall agricultural
Read MoreStocks rise but turnover falls Bangladesh’s stock market bounced back yesterday after taking a tumble the previous day. However, market turnover dropped at the same time. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), advanced 25 points, or 0.34 per cent, to 7,367. Tallu Spinning and C&A
Read MoreMeghna Bank to raise Tk 1.50b through IPO Meghna Bank Limited is diversifying its investment portfolios with focus on retail and small and medium enterprises (SME) business to minimize risk, the bank’s top executive has said. Under the plans, the investment in retail and SME will reach at 50 per
Read MoreUSDA launches $27m trade facilitation project for Bangladesh US Department of Agriculture (USDA) today launched a $27 million project to support the government to expand cross border trade in agricultural goods by simplifying and automating import and export processes and improve capacity of laboratories and warehouses. The five-year scheme, Bangladesh
Read MoreDecade-high cotton prices set to make RMG costlier Bangladesh’s main export, readymade garment, is poised to be costlier as global cotton-price index hit a decade-high with its cascading impact on the entire industrial chain, textile makers warn. Bangladesh Textile Mills Association (BTMA) Tuesday said the price spiral of imported cotton
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