bangladesh employment remittance

Bangladesh Breaks Overseas Employment Record in 2023, Remittances Lag Behind

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 »
export import bangladesh

Bangladesh’s Export Earnings Decline by 1.06% in Dec 2023

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 »

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remittance

Remittance Inflow Surpasses $1.7 Billion with 17% YoY Growth

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 »
a2i smart bangladesh

a2i’s Smart Initiatives Propel Bangladesh Toward 2041 Smart Vision

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 »
bgmea

BGMEA President Emphasizes Media’s Role in Shaping Global View of Bangladesh’s Garment Industry

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 »
Bangladesh RMG Industry Hits 206 LEED-Certified Factorie

Bangladesh RMG Industry Hits 206 LEED-Certified Factories

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 »
bbs barishal

Barishal Reports Highest Poverty Rates in HIES 2022

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

Bangladesh Bank’s Flexibility Spurs 22% YoY Jump in December Remittances

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 »
"Energy and Customs Efficiency Key for Bangladesh's $100 Billion Export Goal"

Energy and Customs Efficiency Key for Bangladesh’s $100bn Export Goal

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 »
meghna titas

Titas Economic Zone Gets Green Light as Meghna Group Strives for Timely Connections

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 »