Govt cuts rice import plan

July 31, 2011

The government has cut its food grain imports target by 22 percent for the current fiscal year due to better stock and internal procurement, a food department official said.

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Bangladeshi shipbuilders to export 30 vessels to fetch $300m by 2012

July 27, 2011

A couple of leading shipbuilders of the country will deliver 30 small ocean-going ships to fetch $300 million from their clients mostly in Europe by the end of the next calendar year, shipbuilders said on Tuesday.

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Shrimp export marks a rise

July 19, 2011

The country earned Tk 42 billion by exporting fish, mainly shrimp, in 11 months of the last fiscal year.

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Tea output almost static while local demand soars, exports fall

July 17, 2011

Tea exports from Bangladesh, the world’s fifth-largest tea exporter until early nineties, gradually fell to a nominal 910,000 kg as a strong domestic market consumed almost all the year’s yield of some 59.70 million kg in 2010, traders said on Saturday.

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Exporters fear loss on tax hike plan

June 26, 2011

Emerging export sectors, which are already facing hard times for the gas crisis, fear a three-times hike in tax at source would not only hurt businesses but also cost the country a lot of much-needed foreign exchange.

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More rice, urea import okayed

June 20, 2011

The cabinet committee on purchase yesterday approved the proposed import of 50,000 tonnes of rice and 2.15 lakh tonnes of urea to build up a secure stock in the next fiscal year.

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Gas export talks utterly nonsense: Muhith

June 19, 2011

The finance minister, AMA Muhith, has termed the gas export talks following the deal with a US company ‘utterly nonsense’.

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Action plan being crafted to promote export of 10 goods

June 15, 2011

The government is formulating an action plan to promote export of 10 prospective goods, which are now fetching less foreign currency, officials said Tuesday.

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Export growth hits 40 percent

June 14, 2011

Exports of the country attained a 40 percent growth in the first 10 months of the current fiscal year, the commerce minister tells parliament.

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Exports to Canada back on high growth

June 13, 2011

After suffering a poor growth in the Canadian market last year, shipment of Bangladesh’s apparel and other merchandizes to the North American country is experiencing a sharp growth this year, trade watchers said.

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