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
Tag: export
Govt tries to create $5 billion fund for export oriented industry: Titu
DITF-2024 fetches export order worth Tk 392cr; sells reaches Tk 400cr
The export order and volume of sales have increased in the Dhaka International Trade Fair -2024 as the export orders fetched worth Taka 391.82 crore while the volume of cash sales reached around Taka 400 crore. The Ministry of Commerce and the Export Promotion Bureau (EPB) revealed this at the closing
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
Govt eyes $2b export earnings from jute products in 2-3 yrs: Nanak
Textiles and Jute Minister Jahangir Kabir Nanak has said the government eyes to increase yearly export earnings from jute and jute goods to $2 billion within next two-three years. "Every year, Bangladesh exports on an average jute and jute goods worth $1 billion. We want to double the export earnings within
Chain’s Canton Fair to begin on October 15
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
IBBL signs export fund deal with BB
Islami Bank Bangladesh Limited signed an agreement with the Bangladesh Bank for receiving 'Export Facilitation Pre-finance Fund' under the Islamic Shari'ah-compliant Restricted Mudaraba system, a press release said Wednesday. BB formed a fund of Tk 10,000 crore with the aim of continuing the ongoing development and expansion of export-oriented industries