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…
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Representatives from the brokerage and merchant banking sectors reiterated their recommendations to foster a vibrant capital market during a meeting with the Dhaka Stock Exchange (DSE) on Sunday (18 June). The meeting, chaired by DSE Acting Managing Director M Shaifur Rahman Mazumdar, highlighted concerns regarding the proposed income tax act’s impact on new investor encouragement,…
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…
Despite the numerous challenges and supply chain disruptions in the textile industry – the textile machinery makers strive to bring the innovations and developments in the technology. Manufacturers have developed technological solutions that increase product and process efficiencies to counter the ongoing challenges. With the continuous innovation, more efficient machinery is being produced which consumes…
The candidate for the President of the Republic of Uzbekistan from the Movement of Entrepreneurs and Business People – the Liberal Democratic Party of Uzbekistan Shavkat Mirziyoyev said that 160 new kindergartens will be built and renovated in Karakalpakstan, as well as 2,000 private kindergartens will be created. “In the next seven years, we will…