Clothing Industry in Bangladesh

The Clothing Industry in Bangladesh is provided the single source of growth rapidly developing economy. Exports of textiles and garments are the principal source of foreign exchange earnings. By 2002 exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh’s total merchandise exports. In 1972, the World Bank approximated the gross domestic […]

IMF Keeps India’s growth to pick up in 2017-2018

Growth in India is expected to pick up further in 2017 and 2018. India will stay ahead of China on the growth curve in 2017 and 2018, while retaining the country’s gross domestic product forecast at 7.2 percent for the current fiscal the IMF has said. Growth forecasts for 2017 were instead revised down in […]

Explosives screening mandatory for direct cargo services to the EU

The European Union (EU) authorities include Bangladesh to the high-risk countries in terms of operating direct cargo services to the EU, according to the Civil Aviation Authority of Bangladesh (CAAB). The EU Ambassador to Bangladesh Pierre Mayaudon informed this decision at a meeting with CAAB Chairman Air Vice-Marshal Ehsanul Gani Chowdhury at the latter’s office […]

US won’t buy apparels stained with BD workers’ blood

US Ambassador to Bangladesh Dan W Mozena said on Monday, September 2, 2013 that his country would not buy apparel items stained with the blood of Bangladeshi workers, according to the transcript of his remarks at an inauguration ceremony ceremony of Dhaka Chamber of Commerce and Industry (DCCI) Help Desk and US Products and Services Information Centre in Dhaka, […]

EU vs US Market Access for Bangladesh

The revised Rules of Origin (RoO) adopted by the European Commission, effective since 1 January 2011, allows Bangladesh to continue enjoying EU’s Generalised System of Preferences or GSP advantages even for the imported primary materials like fabrics. According to the new rules at least one production process must be completed in Bangladesh to be accepted […]