December 5, 2022
1 min read

Bangladesh records highest monthly exports in November

Bangladesh saw exports soar more than 34 per cent to $52.08 billion in the 2021-22 fiscal year (July 2021-June 2022)…reports Asian Lite News

Bangladesh exported goods worth more than $5 billion in November, the highest ever in a month, as demand for ready-made garment items continued to soar, according to the latest official data.

The Export Promotion Bureau (EPB) data showed Bangladesh exported goods worth $5,092.56 million in November, which was 26.01 per cent higher than the same month a year ago, Xinhua news agency reported.

The EPB data showed that Bangladesh’s total exports in the first five months of the current 2022-23 fiscal year (July 2022-June 2023) reached nearly $21.95 billion, up 10.89 per cent year-on-year.

Of the total earnings, the EPB data showed the country’s income from ready-made knitwear and woven garment items surged 15.61 per cent to $18.33 billion during the cited period.

Bangladesh saw exports soar more than 34 per cent to $52.08 billion in the 2021-22 fiscal year (July 2021-June 2022), official data showed.

Why India’s exports to Europe could see a big jump following Ukraine war

WB’s $250mn for B’desh

The World Bank has approved $250 million in financing to help Bangladesh strengthen environmental management and promote private sector participation in green investment.

The Bangladesh Environmental Sustainability and Transformation (BEST) Project will support the Department of Environment to strengthen its technical and administrative capacity, the Washington-based lender said in a statement on Friday.

The statement said successful implementation of the project will help the South Asian country tackle key pollution issues, benefitting over 21 million people living in Greater Dhaka and beyond, reports Xinhua news agency.

“Bangladesh’s rapid economic growth and urbanization have come at a high environmental cost in terms of pollution. Not only that the pollution is impacting our health, but also it is eroding the country’s economic competitiveness,” said Dandan Chen, World Bank acting country director for Bangladesh and Bhutan.

“The World Bank has been a long-standing partner to Bangladesh in tackling environmental challenges. This project will strengthen the country’s environmental institutions to better control pollution and promote sustainable development,” she added.

ALSO READ: The men behind Bangladesh genocide

Previous Story

China ends zero-Covid policy amid nationwide protests: Report

Next Story

Growth of B’desh-EU apparel shipments surpass that to China

Latest from -Top News

Gabbard Confident in Growing US-India Ties

Gabbard thanked PM Modi for inviting her to the Raisina Dialogue, highlighting the decades-long strength of US-India ties….reports Asian Lite News US Director of National Intelligence Tulsi Gabbard voiced confidence that the

Jaishankar at Raisina: UN Must Be Strong, Fair

The EAM termed sovereignty and territorial integrity the “bedrock of global rules…reports Asian Lite News External Affairs Minister S Jaishankar on Tuesday stressed the need for a global order similar to a

China Welcomes Modi’s ‘Positive Remarks’ on Ties

PM Modi emphasised that cooperation between India and China is essential for global stability and prosperity, advocating for healthy competition rather than conflict….reports Asian Lite News China on Monday said it “appreciates”
Go toTop

Don't Miss

‘Army would be deployed in Rohingya camps if needed’

Incidents of crimes such as murder, robbery, rape, drug smuggling

5 members of new militant outfit nabbed in Dhaka

The officials said that after the group was formed in