Bangladesh’s PMI hit 36.9 where a reading of 50 indicates 'no change' compared to last month and above 50 means economy is generally ‘expanding’
Import and export between Bangladesh and India through Benapole land port has been suspended indefinitely
The AAFA is the American trade association representing apparel, footwear and other sewn products companies, and their suppliers
The BGMEA took the decision today in an emergency meeting
The executive committee members of the trade body will took part in the meeting
1,175 TEUs of containers were released from the port today, down from the regular 8,000 TEUs
Most vehicles avoided the highway today
The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs
The country now holds 7.4% of global market garment share
Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit
The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020
S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.
They gave assurance of not seeking any discount or air shipment or cancelling work orders
State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today
Online assessment process began Tuesday evening
It also demanded no new charges to be imposed when shipment begins