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Tougher tasks ahead | The Daily Star

Bangladesh's image will shine out amidst the global community on the back of the United Nations recommendation for its status graduation from a least-developed country to a developing nation.    But there will be some challenges for the economy after it achieves the new status, said experts. So, the country should give its all-out efforts to tackle the challenges during the

Bangladesh garment sector struggles as pandemic empties order books

3 Min Read DHAKA (Reuters) - Bangladesh’s huge export-oriented readymade garment industry is fighting for its survival after fresh coronavirus curbs in Europe and North America shrivelled already-weakened order books, industry leaders said. Slideshow ( 2 images ) The government told Reuters it was considering a new support package for the industry that contributes almost 16% of GDP to the economy. Companies in the world’s largest garment exporting nation after China supply to big Western brands such as Walmart Inc, Gap Inc and H&M. “The first wave of the pandemic rattled the supply chain and the financial base of the industry through order cancellations, payment deferments and discount demands,” said Rubana Huq, president of the Bangladesh Garment Manufacturers and Exporters Association. “The second wave has decapitated the already dead.”

Australia to lift air cargo ban on Bangladesh

Australia to lift air cargo ban on Bangladesh Australia is set to lift its ban on direct cargo flights from Dhaka, a move that is expected to boost Bangladesh s shipments to the continent. The Australian government has already taken an initiative to amend rules. There are also some other procedures. Direct flights will resume after the completion of the procedures, Australian High Commissioner to Bangladesh Jeremy Bruer told The Daily Star yesterday. The Australian government is amending the associated policy, said Bruer, according to a press release of the Civil Aviation Authority of Bangladesh (Caab). He held a meeting with Caab Chairman Air Vice Marshal Mafidur Rahman at the latter s Dhaka office yesterday.

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