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Tags : LDC


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RMG exports to India, Japan to face high duty

Bangladesh’s readymade garment exports to non-traditional markets, especially India and Japan, would face significant challenges after the country’s graduation from Least Developed Country status in 2026, leading to higher duties.

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High inflation drives 1.78cr people towards poverty

The erosion of purchasing power caused by high inflation between 2022 and 2024 has significantly deepened poverty and vulnerability, driving an additional 1.78 crore people in the country into poverty or at risk of poverty, according to a study...

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Apparel exports to EU may decline by 20pc: study

Bangladesh’s readymade garment exports to the European Union could decline by 20 per cent due to the combined impact of EU-Vietnam free trade agreement, or EVFTA, and Bangladesh’s transition from a least developed country to a developing nation, according to a study...

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Businesses for LDC graduation delay as plan based on false data

Exporters on Monday urged the government to seek a deferral of the country’s graduation from the least developed country status to a developing country status, saying that the decision on the graduation was made based on fabricated economic data...