Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars

In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.

Bangladesh cannot grab the apparel work orders, which are being shifted from China to other countries, due to

SM Jahangir Hossain exports five to 10 tonnes of perishable goods to different countries every week, particularly the UK. All was well for him until the recent UK ban on direct cargo from Dhaka to London. The UK Department of Transport says, “Recent security assessments of Dhaka International Airport found that some international security requirements were not being met.”