Bangladesh’s furniture export hit a historic high of $110 million last fiscal year thanks to its spiraling demand in the international markets. The amount is 39 percent higher than the previous fiscal year’s $79 million and a whopping 255 percent higher than 2012-13 fiscal year’s $31 million. The highest amount of the goods—worth over $55…

Information technology (IT) exports from Bangladesh are snowballing as global clients have swamped local IT companies with orders for various software, data processing, and other digital service solutions. As such, local IT companies saw their export earnings shoot up 52 percent year-on-year to $369 million in the July-April period of fiscal 2021-2022, according to the…

A presidential decree “On additional measures to ensure price stability in the consumer market and increase the effectiveness of antimonopoly measures” has been adopted. According to the document, from June 1, 2022, the export of the following products is temporarily prohibited: –  vegetable oil, including cottonseed and sunflower oil;–  sunflower seeds (TIF TD code 1206 00)…

This year it is planned to harvest 2,550 thousand tons of wheat at an average of 2.5 tons from each hectare of irrigated areas. According to the Norma.uz portal, this measure is provided for in the decree of the head of state adopted on May 28 “On additional measures to introduce the market principle in…

The ADM Jizzakh plant in Uzbekistan may launch full-cycle production of Lada cars. Artak Kamalyan, Minister for Industry and Agro-Industrial Complex of the EEC, spoke about this in an interview with Izvestiya.  Since October 2021, SKD assembly of Lada cars has been carried out there: Vesta, ХRay, Largus. Now, according to the minister, the issue…