Bangladesh will export rice instead of importing: Sadhan

Food Minister Sadhan Chandra Majumder has said Bangladesh will export rice in future instead of importing. "In the last two consecutive years, our government didn't import rice and there is also no need of importing rice this year," he said while inaugurating a three-day Agriculture Technology Fair-2024 at Sapahar Upazila Parishad

May 2024 export earnings drop over 16pc to $4.07b

Export earnings in May 2024 recorded negative growth of over 16 per cent, reaching US$4.07 billion. Data released by the Export Promotion Bureau (EPB) on Wednesday revealed that May 2024 earnings also fell short of the target by 23.75 per cent. The government had set a target of $5.33 billion in earnings

Ministry names 77 industries winners of export trophy for FY21-22

The Ministry of Commerce has declared 77 industries as winners of the National Export Trophy for the fiscal year 2021-22. Among them, Rifat Garments Ltd is set to receive the highest award, the Bangabandhu Sheikh Mujib Export Trophy, according to a notification on Monday. State recognitions are given to different manufacturing sectors

Explore new markets for export items: PM

Prime Minister Sheikh Hasina on Sunday underlined the need for expanding the markets for the country's export products. "In order to boost exports the markets for our products should be expanded along with their diversification ," Hasina said. The prime minister made the remarks when a delegation from the Bangladesh Garment Manufacturers

Chain’s Canton Fair to begin on October 15

The world's largest trade show 'China Import and Export Fair,' popularly known as 'Canton Fair' around the world, is going to be started from October 15 this year at Canton Fair Complex in the Guangzhou of China, a press release said on Sunday. The only Bangladeshi electronics giant Walton is going

Export diversification imperative to face global uncertainties: Experts

Diversification of export goods and destination markets is imperative to face global economic uncertainties, experts said at a seminar in the capital on Thursday, according to a press release.  "Bangladesh has achieved significant growth in trade and export despite the US-China trade war, the Covid-19 pandemic, and the ongoing Russia-Ukraine war.

NBL signs export fund deal with BB

National Bank Limited signed a participation agreement with Bangladesh Bank in the Tk 10,000 crore export support pre-financing fund formed by Bangladesh Bank on January 30, 2023, a press release said Wednesday. The agreement was signed on behalf of Bangladesh Bank by Maksuda Begum, Director of Banking Regulations and Policy