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Garment exports to non-traditional markets have been showing an encouraging trend amid the ongoing Covid-19 pandemic as shipments grew 6.36 per cent to $5.08 billion in fiscal year 2020-21. ....
Exports declined in July as reduced working days for Eid-ul-Azha and coronavirus containment measures affected the production and shipment of most of the items, including clothing, the main foreign currency earner. ....
Bangladesh, Vietnam benefit most from RMG, footwear shift from China MONIRA MUNNI | Published: July 29, 2021 11:47:51 FE file photo Bangladesh and Vietnam have benefited most due to the shifting of apparel and footwear exports from China, according to the latest analysis. It also found that in 2019, both the countries combined share of apparel and footwear exports to the US and the European Union (EU) equalled half of China s share. The analysis paper - Repeat, Repair or Renegotiate? The Post-Covid Future of the Apparel Industry - also showed that the US apparel and footwear imports from China declined to 37.9 per cent in 2019, which was 50.7 per cent in 2010. ....
Bangladesh made spectacular economic progress despite limited resources: ICCB United News of Bangladesh (UNB) Bangladesh, July 12 Bangladesh has made spectacular economic progress over the last five decades despite limited resources, International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman said Sunday. The GDP growth rate has reached a record high. Per capita income has also risen steadily, he said. Rahman made the remarks while presenting the Executive Board Report of ICC Bangladesh for 2020 in its annual council held virtually in the city. He said the country has achieved near self-sufficiency in food production for its population of 170 million. The country now even shoulders the burden of the world s largest refugee population of over 1 million Rohingyas who have fled persecution in neighbouring Myanmar, Rahman said. ....
Rising yarn prices threaten garment export recovery thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.