Gold price drops by Tk 840 per bhori
The Bangladesh Jewellers' Association (BAJUS) recently announced a significant reduction in the price of gold due to a decline in the price of pure gold on the local market. This decision was made during a meeting of the Standing Committee on Pricing and Price Monitoring, reflecting the association's response
Garment Exports to US Signal Recovery: Analysis
The garment export industry of Bangladesh, a key player in the global apparel market, is witnessing a notable resurgence in shipments to its largest market, the United States. After facing a downturn in 2023, the sector is now displaying signs of recovery, buoyed by a revitalization of the US economy, increased consumer spending, and a decline in inflation. This report delves into the factors driving this resurgence, the current state of the garment export industry, and the outlook for future growth. Rebound in Garment Exports to the US In 2023, Bangladesh experienced a significant
US is investigating Bangladesh garment sector
The United States has initiated an investigation into the wages, trade unions, working conditions, and safety standards of Bangladeshi garment workers. The inquiry, encompassing top apparel-exporting nations, including Bangladesh, is scheduled for a hearing in Washington on March 11. While Dhaka acknowledges the investigation, there are concerns that it may be utilized as a political tool. Background a. Foreign Secretary Masud Bin Momen confirms the investigation and emphasizes its broader scope, targeting major apparel-exporting countries to the US. b. The US International Trade Commission
