Exporters have expressed disappointment about the government’s sudden cut in cash incentives on the shipment of garments and other export-oriented products
By limiting ourselves to these two markets, we are missing out on a whole world of opportunities.
Specific policy incentives are needed to stimulate the economy and revive the labour market.
On Friday, 1 July, 2022 local leather-brand, Gootipa launched its first showroom at Saptak Square, Rd 27 Dhanmondi. Gootipa, one of the exclusive leather-product brands of Bangladesh, started its journey online back in 2016. After gaining huge confidence amongst its buyers, this is the first time the brand has ventured on an offline journey, especially after taking into consideration the enthusiasm and the growing demand of online shoppers.
Export earnings, the largest source of foreign currencies for Bangladesh, slowed in May reflecting the fall in demand in western economies reeling from the crisis caused by higher inflation, the Russian–Ukraine war and supply chain bottlenecks.
For the first time, home textile has emerged as the second largest export earning sector after garments as demand remains buoyant in major markets, particularly Europe, according to exporters. ...
