Friday, November 22, 2024

Diversify exports, find new markets

Prime minister asks businesses as DITF kicks off Prime Minister Sheikh Hasina yesterday asked businesspeople to diversify export products and explore new markets abroad to help earn more foreign currency. “Don’t rely too much on traditional export products,” she said while inaugurating the month-long 18th Dhaka International Trade Fair (DITF) at

Export growth declines in USA, EU countries

Export from Bangladesh to most of the key North-American and European destinations failed to achieve its growth in the just concluded fiscal (2011-12) compared to the same period of previous fiscal. Export earnings from USA, the largest market for Bangladeshi goods, registered a negative growth in last fiscal totaling US$ 5.1 billion. According to data ... Read more

Export to India drops in FY12

Bangladesh’s exports to India declined to $498.41 million in the just concluded financial year of 2011-12 from $512.51 million in the financial year 2010-11 despite slight increase in apparel exports. Export Promotion Bureau officials said that exports to the neighbouring country declined by 2.75 per cent in FY12, after year-on-year growth in two previous years, ... Read more

Exports post robust growth

Bangladesh registered almost 40 percent growth in exports in the first seven months of the current fiscal year, compared to the same period a year ago. According to the Export Promotion Bureau (EPB), the country exported goods worth $12.18 billion during July-January of fiscal 2010-11, up from $8.7 billion during the same