Malaysia Halal Trade Fair: Bangladeshi Firm Secures $2 Million Orders, Six Companies Participate
Six Bangladeshi companies and EPB participated in the 22nd Malaysia halal trade fair, with one firm securing $2 million in export orders.
26 news articles tagged with "Market Diversification"
Six Bangladeshi companies and EPB participated in the 22nd Malaysia halal trade fair, with one firm securing $2 million in export orders.
South Korean Ambassador Kim Ji-Joon visits RANCON's LG Electronics manufacturing facility in Dhaka, highlighting significant potential for expanding Bangladesh-South Korea cooperation in manufacturing, technology and investment.
A former BGMEA president has warned that Vietnam could overtake Bangladesh as the world's second-largest apparel exporter by end of 2026, urging the industry to reinvent itself through innovation and diversification.
The Bangladesh Export Processing Zones Authority (BEPZA) contributed 17.51% of national exports in FY2025-26, with exports from its zones rising 2.2% to $8.41 billion even as overall national exports declined.
Bangladesh's share of EU apparel imports declined to 21.5% from 23.9% year-on-year during January-May 2026, as the country lost market share at a faster pace than competitors including China, Vietnam, India, and Turkey.
Bangladesh Export Processing Zones Authority (BEPZA) secured a record $718 million in investment proposals in FY2025-26 — a 44% year-on-year increase and the highest in the authority's history. The 36 new projects are expected to generate 75,744 jobs and reinforce the shift toward product diversification in Bangladesh's apparel manufacturing sector.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and HSBC Bangladesh signed a strategic Memorandum of Understanding on July 13, 2026 to help the country's ready-made garment industry expand into new and emerging international markets. The partnership includes a joint Bangladesh Apparel Roadshow in Hong Kong.
Bangladesh's exports jumped 15.26% year-on-year to $4.59 billion in July, delivering a strong opening to FY2027 despite concerns over LDC graduation and the recent US tariff.
Bangladesh's commerce ministry is preparing separate export strategies for 18 countries to reduce RMG dependence and diversify export markets, with equal emphasis on product and market diversification.
RCEP has approved an Ad Hoc Accession Working Group for Bangladesh, Chile, Hong Kong China and Sri Lanka. Commerce ministry assessment shows Bangladesh's exports could increase by $3.26 billion if it joins the bloc.
Bangladesh's High Commissioner to Malaysia says he is hopeful a bilateral FTA will be signed by December 2027, citing discussions between the Prime Ministers of Bangladesh and Malaysia.
Bangladesh has approved a calendar of 50 overseas trade fairs across 27 countries for FY2027, a market-diversification push led by the Export Promotion Bureau to widen the country's buyer base.