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Saturday, August 19, 2017

Top News

Imports rise 9pc as economy heats up

Bangladesh's imports grew 9 percent year-on-year in fiscal 2016-17 as the demand for capital machinery, industrial raw materials and food grain at home soared.

Apparel exports to US fall 5.5pc

The country’s exports of readymade garments (RMG) to the United States, a major market, have continued to show declining trends this year, according to official statistics.

Exporters hardly grab orders diverted from China

Bangladesh cannot grab the apparel work orders, which are being shifted from China to other countries, due to lower capacity, weak infrastructure and inadequate supply of energy, exporters said.