NATIONAL BUDGET FY26: Cash subsidy on exports to be slashed by Tk 1,000 crore
The government is likely to cut down on the cash incentive on exports by more than Tk 1,000 crore in the new financial year of 2025鈥�26.
Tags : export
Russian buyers block $7.6m payment to Bangladesh apparel makers
Several exporters of the country鈥檚 readymade garment sector are unable to recover $7.6 million from Russian buyers due to transaction complications, said Mohammad Hatem, president of the Bangladesh Knitwear Manufacturers and Exporters Association...
Businesses offer Tk聽550cr for LNG import: Hatem
Bangladesh Knitwear Manufacturers and Exporters Association president Mohammad Hatem said that the industrialist have proposed the government to provide Tk聽550 crore to import liquefied natural gas to address the ongoing gas issues in the country鈥檚 garment and textile sector...
Bangladesh's exports see 9.83pc growth in July-April
The export earnings of the country witnessed a positive growth of 9.83 per cent to $40.20 billion in July-April of financial year 2024-25, according to the Export Promotion Bureau...
DEPZ demands quick solution to power issue
The industrialists of the Dhaka Export Processing Zone urged the government to resolute the existing electricity issues as soon as possible as it may hinder the country鈥檚 businesses...
DEPZ comes to halt as gas supply stopped聽
At least five factories were shut down and production got disrupted in all the 90 factories in the Dhaka Export Processing Zone on Tuesday following a suspension of the gas connection to the plant supplying electricity to the industrial area.
Mango production, export set to hit record
Bangladesh is going to witness a bumper production and export of delicious summer fruit mango in this season as some 2,05,034 hectares of land will be brought under mango cultivation eying for a record production target of 27 lakh tonnes...
RMG exports to EU rise by 37pc in Jan-Feb
Bangladesh鈥檚 apparel exports to the European Union witnessed an increase of 37 per cent to $3.69 billion in January and February of 2025, according to Eurostat data, compiled by the Bangladesh Garment Manufacturers and Exporters Association...
Panels file nomination papers for BGMEA election
Candidates from two contesting panels, Sammilita Parishad and Forum, submitted their nomination papers on Saturday for the upcoming Bangladesh Garment Manufacturers and Exporters Association election for the 2025-2026 tenure...
Meet Bangladesh Expo begins
A two-day international exhibition titled 鈥楳eet Bangladesh Exposition鈥�, began on Thursday in the city to showcase Bangladesh鈥檚 potential export sectors - medical and personal protective equipment, leather and leather goods, footwear, plastics, and light engineering...
BGMEA enrolls 128 new RMG factories
About 113 readymade garment factory units under the membership of the Bangladesh Garment Manufacturers and Exporters Association have been closed in the last 15 months, from January 2024 to March 2025...
Container ship service set to begin between Mongla, Chattogram
In a significant development aimed at reducing export costs and enhancing trade accessibility in the greater Khulna region, container ships are expected to start operating between Mongla and Chattogram ports on a domestic maritime route from April...
Apparel exporters likely to pay $250m monthly
The country's apparel manufacturers expressed concern that if the 37 per cent tariff on readymade garment (RMG) exports to the US market is not fully withdrawn, Bangladesh鈥檚 leading export sector may face an average monthly duty burden of $250 million...
Rethinking Bangladesh鈥檚 garment exports
SINCE Donald Trump took office once again as the 47th president of the United States, the re-imposition of tariffs on global imports has brought the issue of trade wars back to the forefront of policy and academic debate. While the first Trump presidency initiated the use of tariffs and non-tariff barriers 鈥� including the restriction of access to strategic technologies...
RMG exports grew 10.84pc in July-March
The country鈥檚 readymade garment exports witnessed a healthy growth of 10.84 per cent during the July-March period of the current financial year fetching $30.25 billion that highlights the resilience and potentials of the apparel sector...
BEPZA to allocate plots in Patuakhali EPZ from 2026
The Bangladesh Export Processing Zones Authority is expected to start allocating plots for investors in Patuakhali Export Processing Zone from early 2026.聽
4 Bangladeshi trucks sent back from Benapole
Four Bangladeshi trucks, carrying goods, were sent back from Benapole Port Wednesday evening as India revoked the long-standing trans-shipment facility granted to Bangladesh, which allowed goods to be exported from Bangladesh to third countries via Indian land ports...
聽Dhaka sees little impact on exports
Commerce adviser Seikh Bashir Uddin on Thursday dismissed any significant negative impact on the country鈥檚 exports after India withdrew its transshipment facility to the Bangladeshi cargoes reaching third countries through its ports...
EPZ investors laud govt鈥檚 swift response over US tariff
The investors of Bangladesh Export Processing Zones have expressed their deep appreciation for the government鈥檚 prompt and strategic initiative following the recent announcement by the US administration of imposing a 37 per cent 鈥榬eciprocal tariff鈥� on Bangladeshi exports...
Exports grow by 10.63pc in July-March
Bangladesh鈥檚 export earnings increased by 10.63 per cent to $37.19 billion in the first nine months or July-March period of the current financial year 2024-25 compared with those of $33.61 billion in the same period of FY24, according to Export Promotion Bureau data...
BGMEA seeks buyers鈥� support in tariff issues
The country鈥檚 apparel manufacturers urged buyers to be patient and support them regarding the United States鈥� tariff on Bangladeshi export items...
Diversification of export products, markets necessary
DESPITE a remarkable advancement in the industrial sector, with its contribution now standing at more than a third of the gross domestic product, it has failed to diversify export-oriented industries, products and markets. A lack of comprehensive and consistent policies and the failure to effectively implement the few that are there are said to have led to such a state. An...
Bangladesh's reliance on single product, fewer destinations take toll on exports
Economists and business leaders said excessive reliance on readymade garment and fewer major export destinations and lack of diversification increasingly creating a risk on Bangladesh鈥檚 economy...
12 more industries to go into operation at Ctg BEPZA EZ
Twelve more firms in the Bangladesh Export Processing Zones Authority Economic Zone (BEPZA EZ), established at the National Special Economic Zone (NSEZ) in Chattogram, is likely to go into commercial operation within 2025...
RFL starts exporting grass mat
RFL, country鈥檚 leading business conglomerate, has started exporting grass mat by exporting the item to the Philippines...
RMG sector in Bangladesh faces challenges as US slaps high tariffs
The country鈥檚 readymade garment manufacturers expressed concern over the US鈥檚 fresh 37 per cent tariff imposition on all Bangladeshi exporting products...
China Exim Bank to support relocation of industrial plants to Bangladesh
Chairman of China Export-Import Bank Chen Huaiyu on Thursday said that his bank would support the relocation of Chinese manufacturing plants to Bangladesh to make the country a platform for export to other nations...
Russia keen to export more fertiliser to Bangladesh
Russia is willing to export more wheat and fertiliser to Bangladesh...
Govt should ensure timely payment of worker dues
DESPITE promises from all apparel sector stakeholders, some factories are yet to clear the workers鈥� monthly wage and the festival allowance for the forthcoming Eid-ul-Fitr. The Industrial Police and the Bangladesh Garment Manufacturers and Exporters鈥� Association report that 2,069 factories among 2,107 units in operation have already paid the February wages and are now...
India cuts duty on onion exports
The government of India has withdrawn 20 per cent duty on onion export, effective from April 1...