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July 3, 2023

Bangladesh global apparel export share to go up 1pc by 2020

Bangladesh’s share of textiles and garment exports to rise from 2.8 percent in 2010 to 3.8 percent in 2020, according to the HSBC Trade Forecast report. “The strong foothold Bangladesh has in production of apparels will further strengthen growth in total merchandise exports over the coming decade”, a new report from HSBC Bank reveals. rmgExport value of Bangladeshi ready-made garments rose by 13 percent on the year in the first five months of 2014 after growing by 11.7 percent last year, with US and the EU together importing almost two-thirds. The ...

Dhaka should focus on high-end finished goods for exports

To bridge the trade gap with Malaysia which is now heavily in favour of the Southeast Asian country, Bangladesh needs to concentrate on high value and high-end finished products through export diversification, said the Malaysian envoy here on Monday. “We need high value and high-end finished products (from Bangladesh),” Malaysian High Commissioner in Dhaka Norlin Othman told a ‘Meet-the-Press’ programme at the Jatiya Press Club. Envoy malaysiaThe diplomat also suggested the exporters to diversify their products what they are cur...

Deal between Robi, Hungrynaki

Robi Axiata Limited, the second largest mobile service operator in terms of revenue has signed an agreementwith Hungrynaki.com a leading food delivery channel to facilitate Robi subscribers with attractive facilities & different offers. Robi-hungrynakiIn this connection, a small ceremony was held at Robi Corporate Office on 22nd September 2014. Nazir Ahmed Executive Vice President, Market Development, Robi Axiata Limited and Md. Irtejaur Rahman Co-founder & CMO of Hungrynaki.com signed the agreement on behalf of their res...

New Meghna Bank Branch at Begumgonj

The 14th branch of Meghna Bank Limited was inaugurated on September 15, 2014 at “Sobhan Market”, School Road, Choyani Uttar Bazar, Begumgonj, Noakhali at a simple ceremony. PR Choyani BazarManaging Director & CEO of the Bank Mr. Mohammed Nurul Amin headed the opening program. Mr. Abdul Alim Khan Salim, Vice Chairman, Meghna Bank Limited inaugurated the branch as chief guest & Mr. Md. Shohidul Ahsan Chairman of Ahsan Group was attended as special guest. Among others senior executive of the Bank, Local El...

Midland Bank opens new ATM Booth in city

Midland Bank Limited opened another ATM booth at Dhanmondi Branch premises, Dhaka on Sunday. PR PhotoManaging Director of the Bank Mr. Md. Ahsan-uz Zaman inaugurated the Booth. Deputy Managing Director of the Bank Mr. Khandaker Nayeemul Kabir was also present. Clients, businessmen, local elites, Mr. Md. Shah Alam, FVP & Head of Dhanmondi Branch and other high officials of the Bank were also present on the occasion.

  No extension of ECF deal with IMF: Muhith    

Finance minister AMA Muhith on Sunday said the government turned down a proposal from the International Monetary Fund (IMF) to renew the deal on extended credit facility that will expire early next year. He said the government would also fix a deadline for the Korean Export Processing Zone for full utilisation of 2,500 acres of land they were allocated in 1996 at Anwara in Chittagong. Muhith was taking to reporters after a meeting with the visiting Asian Development Bank officials at his secretariat office, reports the New Age. MuhithHe said ...
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