Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

August records 20 per cent rise in exports from Bangladesh

Exports from Bangladesh have moved up for readymade garments, leather and leather goods, jute and jute goods, frozen fish, pharmaceuticals among many other sectors in August. According to data published by Export Promotion Bureau (EPB), the country earned $3.3 billion in August alone. The amount is 20 per cent more than the income made via exports in the same month last year and 16.53 per cent higher than the target. However, July witnessed a 3 per cent drop in exports, but now the combined figure for July-August represents a 8.42 per cent rise.

Analyst hope the 2016-17 fiscal will end with a more than 10 per cent growth in exports. Political stability and avoiding a repeat of July 1 Gulshan attack holds the key to achieving higher exports. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Vice President Nasir Uddin too hopes exports would continue to grow. He thinks the buyers' concern over rise of terrorism in the country that peaked with the killing of 17 foreigners and five others at the Gulshan cafe has been largely addressed by the government's determined efforts to tackle militancy.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo