Bangladesh achieved a record high in sending workers abroad in 2023, surpassing the previous year by 15%, driven by the reopening of the Malaysian market and expanded quotas in Saudi Arabia. The... Read more »
According to a report by the Export Promotion Bureau (EPB), Bangladesh experienced a 1.06% year-on-year decline in merchandise export earnings in December of the fiscal year 2023-24. The country’s export earnings for... Read more »
Remittance inflow experienced a substantial year-on-year surge of approximately 17.06% in December, a boost attributed to the flexibility in the dollar rate allowed by the Bangladesh Bank. According to data from the... Read more »
The Aspire to Innovate (a2i) program, a yearlong venture in digital transformation, has emerged as a driving force in laying the foundation for a Smart Bangladesh by 2041. In the pursuit of... Read more »
Faruque Hassan, the President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), highlighted the crucial role of the media in reshaping the global perception of Bangladesh’s garment industry. During a meeting... Read more »
The recent LEED (Leadership in Energy and Environmental Design) certifications in Bangladesh’s ready-made garment (RMG) industry signify a noteworthy step towards sustainable practices. As of 2023, 24 factories have achieved LEED certification,... Read more »
The Bangladesh Bureau of Statistics (BBS) released its Household Income and Expenditure Survey (HIES) 2022 report, revealing significant advancements in the country’s socioeconomic landscape. The HIES 2022, marked by improved data collection... Read more »
Remittance inflows in Bangladesh have witnessed a remarkable 22% year-on-year increase in the initial 22 days of December, reaching $1.57 billion. This surge is attributed to the Bangladesh Bank’s flexibility in permitting... Read more »
Leading exporters in Bangladesh are prioritizing the resolution of critical domestic issues, such as customs complexities and energy insecurity, over concerns about potential US trade sanctions. Despite discussions surrounding the impact of... Read more »
The inability to secure essential gas and electricity connections has hindered the Cumilla Economic Zone (CEZ) from commencing production, according to Mostafa Kamal, Chairman and Managing Director of Meghna Group of Industries... Read more »
