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Bangladesh eyes $1b in wool garments export with Australia partnership - Vimarsana News

Bangladesh eyes $1b in wool garments export with Australia partnership

Bangladesh currently imports a minimal quantity of woollen fabric from China, Italy or England and produces high-value suits, shirts, pants, and knitwear sweaters for export, according to entrepreneurs

Unstable dollar, power disruptions see industries pinching pennies - Vimarsana News

Unstable dollar, power disruptions see industries pinching pennies

Unstable dollar rates at the Bangladesh Bank and private banks, alongside crippling power cuts, have put the country's manufacturing sector in a fix as they still have no idea how to make up for the losses caused by these. Companies are finding it difficult to even open a new letter of credit (LC) to import raw materials in the face of depleting inventories. Besides, unstable