The opening letters of credit (LCs) for imports decreased by almost $14 billion, or 23.45% year over year in the first eight months of the current FY2
Read More
Bangladesh Bank (BB) has reset the ceiling of the loans in US dollars from the Export Development Fund (EDF) to manufacturers and exporters for input
Read More
India-based international cotton exporter, Axita Cotton Ltd. has said that it has received an order worth $3.28 million from Bangladesh. The said orde
Read More
The recent global economy is showing a major shift from the US dollar as the currency reserve and an increasing focus on bilateral currency swaps for
Read More
Swedish fashion brand H&M Move has partnered with carbon capture company LanzaTech to create garments partly from captured emissions and infuse th
Read More
The country’s average wage growth remained well below the inflation rate, for the 14th straight month, as per the Bangladesh Bureau of Statistic
Read More
The global second-hand apparel market is set to nearly double by 2027, reaching $350 billion, according to the 2023 annual resale report released toda
Read More
Digital labeling on apparel items can significantly cut labeling waste and help in decarbonization efforts of the apparel sector, the industry insider
Read More
Apparel manufacturers of the country again called on US policymakers to negotiate with their government to allow duty-free access to Bangladesh’
Read More
Bangladesh Power Development Board (BPDB) received 450 megawatts of power on test basis from Indian Adani Group’s subsidiary Adani Power on Apri
Read More