A delegation of 25 chief executive officers (CEOs) and founders of major African and central Asian textile, apparel, and footwear companies, accompanied by the representatives of prominent global brands, is now visiting Bangladesh on a two-day tour to encourage low carbon emission and share of knowledge in the sectors. The delegation reached Bangladesh on June…
Apparel exports to the non-traditional markets reached $7.68 billion with 32.74% year-on-year (YoY) growth in the first eleven months (July-May) of FY23, higher from $5.79 billion in the same period of the last FY22, according to the Export Promotion Bureau data, compiled by the RDTI cell of the BGMEA. The United States, Canada, the United…
Bangladesh has very recently made its first payment in the local currency, taka, for a predominantly foreign loan-funded project — indicating a possibility of being quite a game-changer. The project in question involves the construction of a 24-kilometre elevated expressway connecting Dhaka to Ashulia, with an estimated cost of Tk17,653 crore (approximately $1.2 billion). China…
Bangladesh, a densely populated country with a population of around 170 million, primarily relies on rice and vegetable cultivation to meet its food requirements. The limited availability of land poses a significant challenge for diversifying agricultural practices, making cotton cultivation seem unfeasible. However, through the adoption of regenerative agricultural practices, new possibilities emerge for integrating…