A three-day international technology trade show on leather goods, including the machinery, chemicals, accessories and other components needed to make them, will kick off in Dhaka on Wednesday.
Bangladesh needs an efficient development policy for the logistics industry as inadequacies in the current infrastructure create hurdles for businesses and reduce the country’s competitiveness and growth potential, according to experts.
Bangladeshi corporations that showed tremendous resilience during their recovery from pandemic shocks are now in a tight spot because of the Russian-Ukraine war that broke out at the end of February. The fallout from the war – a combination of such critical elements such as the energy crisis, soaring prices of raw materials, rising dollar prices, inflation and interest rates –
Export earnings dropped 6.25 per cent year-on-year to $3.9 billion in September, the first fall in 14 months, as the cost-of-living crisis in the western countries took its toll on Bangladesh's main foreign currency earning sector.