Leaders from the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) have called on the central bank to extend the repayment period for deferred letters of credit (LCs) from the current six months to 15 months.
Business News
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Trade Data
Garment exports continue to rise despite factory closures, says Chief Advisor’s press secretary
The Chief Advisor's press secretary, Shafiqul Alam, recently addressed worries about how factory closures may affect Bangladesh's exports of clothing at a briefing held at the Foreign Service Academy.
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In a bid to revitalise the textile industry, Commerce Adviser Sheikh Bashiruddin announced that the Government is eager to lease out approximately 45 to 50 closed mills belonging to the Bangladesh Jute Mills Corporation (BJMC) and Bangladesh Textile Mills Corporation (BTMC) to entrepreneurs.
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A commission examining the business and labour conditions in Beximco Industrial Park has made the startling discovery that 16 factories that do not exist were the subject of Taka 12,000 crore in loans.
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A Bangladesh Army delegation reportedly paid President Mohammad Hatem a courtesy call on Thursday at the BKMEA (Bangladesh Knitwear Manufacturers and Exporters Association) office in Dhaka.
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AP Moller-Maersk and DP World, two of the top port operators in the world, have shown a great interest in making significant investments in Bangladesh's shipping sector, which is a noteworthy development at the World Economic Forum Summit.
