Strong action to spur consumption, investments and net exports will take India’s gross domestic product (GDP) growth rates much higher, according to Vikram Kirloskar, president of Confederation of Indian Industry (CII). This is the right time for India to think big and envision a GDP growth rate...
Some 300 goods are likely to enjoy preferential tariffs in Vietnam under a pending decree detailing tariff cuts under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Its draft has been submitted by the finance ministry to the government for approval as firms await procedural changes...
The European Union (EU) is unlikely to fully withdraw Cambodia’s Everything-But-Arms (EBA) trade status, the Garment Manufacturers Association of Cambodia said after meeting visiting EU representatives recently. Labour trends are positive and speculations about EBA are alarmist and affect investor confidence, Kaing Monika, GMAC deputy secretary general...
Eldoret-based textile firm Rivatex recently witnessed a major upgrade of its facility by installing advanced machinery after the Kenyan Government secured Sh5 billion in funding from the US Export-Import Bank. The fabric producer, which had been dormant for years, has seen a transformation in the last two...
Bangladesh raked in $3.81 billion in exports in May, the highest single month receipts in history, riding on the higher shipment of apparels, official data showed yesterday. The earnings clocked 14.78 percent year-on-year growth in May and also beat the monthly target by 9.23 percent. The previous...
India will try to independently cultivate export competitiveness without depending on the US generalised system of preferences (GSP) scheme, according to commerce and industry minister Piyush Goyal, who said India graciously accepts that development assistance offered by nations till now has ceased. He addressed media on June...
যুক্তরাষ্ট্রের মতো বড় বাজারে তৈরি পোশাক রপ্তানিতে বেশ
ভালোভাবেই ঘুরে দাঁড়িয়েছে বাংলাদেশ। গত বছর এ বাজারটিতে পোশাক রপ্তানিতে ৬
দশমিক ৬৫ শতাংশ প্রবৃদ্ধি হলেও চলতি বছরের প্রথম চার মাসে
(জানুয়ারি-এপ্রিল) সেটি বেড়ে ১৩ দশমিক ৯১ শতাংশে দাঁড়িয়েছে। এ চার মাসে
রপ্তানি হয়েছে ৪২৩ কোটি ডলারের পোশাক।
The Pakistani Government’s proposal to withdraw zero-rating regime would have an adverse impact on export-oriented production and deter both local and foreign investment in the sector, according to chairman of the All Pakistan Textile Mills Association (APTMA) Syed Ali Ahsan, who said chances of closure of many...
The Bangladesh Bank has requested the government to release Tk 3.0 billion to finance agriculture projects under the equity entrepreneurship fund (EEF), officials said. Some 2,308 applications have recently been submitted seeking loans, for food and agriculture-related projects from the EEF, which are now under processing, they...
