An international resort for 6,000 tourists is expected to be built in the Chimgan mountain range, the Ministry of Tourism and Sports announced at a press conference on February 1. The construction will be financed by the French Treasury, foreign and domestic direct investment. The total investment in the project is $269 million. In the…

The President approved the state program of the Development Strategy for 2022. What are the goals for the economy this year? Over the next 5 years, the National Economic Development Section of the Development Strategy will increase GDP per capita by 1.6 times (from $1,750 to $2,800) and per capita income – by $4,000 until…

Export earnings reached an impressive $29.55 billion in the first 7 months of the current fiscal (2021-22) from July to January indicating that a strong economic recovery is taking place in countries of Bangladesh’s main export destinations.  This is going to be a record-breaking year for business recovery in the west.  Out of total export…

Garment manufacturers are confident about supplying garment products worth $8 billion a month to international buyers after Bangladesh consolidated its place in the global supply chain by remaining open for businesses even during the peak of the coronavirus pandemic. The government’s bold move contrasts to many garment-producing countries that kept shut factories to tame the…

According to the Office of Textiles and Apparel (OTEXA) data, Bangladesh’s apparel export achieved a growth rate of 30.68% in the first 11 months of 2021. Outshining its competitors China and Vietnam. Bangladesh also remained in the third top readymade garment (RMG) exporting to the US by fetching $6.36 billion from January to November period…