Welcome to Business Outlook

Riding on strong demand for apparel items made in Bangladesh, the shipment of garments to Japan, a promising Asian export destination, rose 25.81 per cent year-on-year to $217.53 million in July-August. The receipts in the first two months of the previous fiscal year were $172.91 million, according to data from …

Sweater suppliers in Bangladesh are witnessing relatively a dull season because of a longer-than-usual dry spell in European countries and the higher cost of living fueled by the Russian-Ukraine war. Owing to climate change, some parts of the continent, home to more than 60 per cent of garments exported from …

The number of banks facing a capital shortfall has risen in the second quarter (April-July) of 2021 largely due to loan defaults. According to the latest data from the central bank, the total capital shortfall of 12 banks stood at Tk29,531.35 crore. In the previous quarter, the capital shortfall was …

Bangladesh’s apparel export will cross the $100-billion target by 2030, considering the potentials of the markets in Europe, the Uk, and the USA amid declining share of Chinese garments, experts have said. The global apparel market size will be around $1135 billion in 2030. During this period Bangladeshi apparel exporters …

With increasing climate risks, Bangladesh needs to continue investments to strengthen climate resilience in the coastal zones to protect the development gains, says a new World Bank report launched on Monday. The report, “Bangladesh: Enhancing Coastal Resilience in a Changing Climate” highlights the country’s journey to reducing vulnerability to climate …