22 news articles tagged with "Export Diversification"
Bangladesh and South Korea signed CEPA in Dhaka on August 4, 2026. 97% of Bangladeshi goods get preferential access to Korea. Exports were $421M in FY26, down 9% YoY.
EPB data shows Bangladesh handicraft exports fell to $32.13 million in FY26 from $37.68 million in FY25, with weak global demand, rising input costs, reduced cash incentives, and competition from mechanised Indian and Chinese producers cited.
Ecolet Pvt Ltd signs agreement with BEPZA to set up a $15.91 million LED manufacturing facility at BEPZA Economic Zone-1 in Mirsharai, Chattogram, producing 6 million LED bulbs annually for export to US, UK, EU and Middle East, creating 306 jobs.
Pakistan allows pineapple imports from Bangladesh. New trade opportunity for agricultural exports. Step toward normalising trade relations. Bangladesh pineapple sector gets new market access.
FBCCI says Korea CEPA will boost Bangladesh exports. 97% products duty-free. Bilateral trade $1.39B. Bangladesh exports $492M, imports $903M. Korea imports $12B apparel annually, Bangladesh has 3% share. RMG biggest beneficiary.
Renata PLC entered Portugal with first shipment of 3 therapeutics: Amantadine (Parkinson's), Fludrocortisone (Addison's), Cabergoline (hyperprolactinemia). Already exports to 8 European markets including UK, France, Ireland.
Bangladesh's RMG sector must develop its own brands to move from a low-cost manufacturing hub to a recognized fashion origin, says Mohiuddin Rubel, founder of Bangladesh Apparel Voice. Strong local brands would deliver higher value addition and reduce dependence on foreign buyers.
The Cabinet Committee on Government Purchase has approved two infrastructure contracts worth Tk 3.35 billion under BEZA for the National Special Economic Zone in Mirsarai, Chattogram, including Tk 1.23 billion for roads and Tk 2.12 billion for power networks.
Prime Minister Tarique Rahman has assured the tea industry of full government cooperation, pledging loan easing, low-interest credit, and solar power generation on uncultivable tea garden land. A committee will be formed to identify and resolve the sector's problems.
Walton Hi-Tech Industries has signed a 3-year global distributorship agreement with Libya-based ASR Al Techniyah to export refrigerators, TVs, ACs, and washing machines to the North African market, marking another step in Walton's international expansion strategy.