Bangladesh’s agricultural product exports have slightly increased year-on-year during this fiscal year, marking a turnaround from a gradually drop over the past three years thanks to, according to industry insiders, restoration of supply chains and a slight improvement in the US dollar crisis.
Mirpur was best known as a garment manufacturing hub, a crime zone with rough roads, dirty alleyways, rundown buses, a capital of slums called home by apparel workers and a poor township marked by nondescript houses.
Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here, in the fifth instalment of the series, we placed listed food makers under the
In fact, except knitwear, export earnings across the other seven major sectors that had registered at least half a billion dollars in annual export receipts in FY 2021-22 each fell in the first half of the current fiscal year 2023-24, showed data released by the Export Promotion Bureau (EPB).