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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.
The financial account of the balance of payments (BoP) turned negative in the first five months of the current fiscal year, highlighting the challenges Bangladesh is facing in protecting its foreign currency reserves from depletion as funds outflows exceeded inflows.
China opens trading doors to the world after 1,016 days of a strict "zero-Covid" policy It would also help reduce costs of all manufactured items and machinery Bangladeshi exporters are hopeful to explore the market Chinese reopening not to impact Bangladesh's supply of oil and gas as its source is different With 2023 looking to be a gloomy year for economies, businesses in
The readymade garments sector in Bangladesh is looking towards making huge investments in increasing capacity even when businesses worldwide are scaling back their operations as financial pundits and economists predict slowed growth worldwide and even global inflation. According to sources at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the
Sales during the first 10 months of 2022 grew by nearly 50% compared to previous year.