Bangladesh's RMG Exports to US Increase by 11.42% in July-August

Bangladesh's ready-made garment industry has started the fiscal year 2026-27 with robust exports of $3.89 billion, despite global challenges and domestic energy issues.

South Korean companies are looking at significant investment opportunities to upgrade Bangladesh's ready-made garment (RMG) industry, aiming to enhance its global competitiveness.

In the first eight days of August, Bangladesh experienced a significant increase in remittances, with a 42.9% rise compared to the same period last year.

Bangladesh has experienced a significant 22.3 percent increase in workers' remittances during the first 26 days of August 2026.

Bangladesh's workers' remittances have surged by 45.6% in the first 11 days of August 2026.

Workers' remittances to Bangladesh have increased by 20.9% year-on-year, reaching $3.27 billion by August 3, 2026.

Bangladesh received $2.031 billion in remittances in the first 19 days of August, a 29.1 percent increase from the same period last year.

Bangladesh's remittance inflow surged by 69.2% in the first nine days of August 2026, reaching $1.142 billion.

Information and Broadcasting Minister Zahir Uddin Swapon emphasized the critical role of the United States in Bangladesh's economic progress.

The Dhaka Stock Exchange (DSE) block market witnessed a substantial turnover of Taka 21.25 crore today, with significant trades involving several listed companies.

Stocks in Dhaka extended their losing streak as sharp price falls in large-cap shares intensified selling pressure, highlighting continued market weakness.

The government has decided to procure six new liquefied natural gas (LNG) cargoes to address the increasing energy demand in the country.

The Bangladesh Standards and Testing Institution (BSTI) destroyed more than 600 water jars in Motijheel for supplying unhygienic water without quality certification.

Oil prices jumped significantly as Middle East tensions closed a key Saudi pipeline, while tech firms face pressure over rapid AI development.

Oil prices have jumped significantly as heightened tensions in the Middle East raise concerns about potential disruptions to global energy supplies.

Standard Chartered Bangladesh recently convened the inaugural Financial Markets Leadership Forum, bringing together regulators and nearly 200 industry leaders to discuss the evolving financial markets landscape.

The Dhaka Stock Exchange (DSE) saw a significant drop as investor worries over the market's near-term outlook and ongoing crises deepened.

Bangladesh is participating in the ‘Ready to Show’ fair in Milan, Italy, with 14 companies from the apparel, textile, and leather sectors.

The PRAN-RFL Group has officially inaugurated a Zero Discharge Plant at its Habiganj Industrial Park, marking a significant step towards sustainable industrial practices.

The Bangladesh Chamber of Industries (BCI) held a workshop to train entrepreneurs and professionals on the Public Procurement Act, Public Procurement Rules, and the e-GP system.

Rising oil prices, record diesel costs, and persistent inflation in the US have intensified investor concerns about an imminent Federal Reserve rate hike, potentially impacting global economic growth.

Russia has called for space to remain free of weapons following the US deployment of 'on-orbit space control weapons'.

The Kremlin has welcomed US President Donald Trump's proposal for a truce between Russia and Ukraine on striking energy targets.

Nearly five million people in Bihar, India, are grappling with the aftermath of severe flooding, as authorities work to provide essential aid and relief.

NATO fighter jets shot down a drone over Lithuania, highlighting heightened security concerns on the alliance's eastern flank amid Russia's ongoing war with Ukraine.

The government has proposed a Tk 1,153.60 crore project to expand the existing Barishal Cantonment at Lebukhali into a full-fledged international-standard military facility.

Chinese Ambassador Yao Wen visited BNP Acting Secretary General Ruhul Kabir Rizvi to discuss strengthening bilateral ties.

US President Donald Trump dismissed fears about the dangers of artificial intelligence, calling them a hoax and rejecting global calls for AI regulation.

Dr Zubaida Rahman, Vice-President of Ziaur Rahman Foundation, emphasizes the need for a supportive environment for children to develop their talents and realize their full potential through quality education, healthcare, sports, and opportunities to engage with nature.

Bangladesh women's national football team captain Maria Manda stressed the need to improve performance and work harder ahead of their second Group F match against Korea Republic at the 20th Asian Games.

China's retail sales growth in August marked the slowest pace since May, signaling ongoing challenges in domestic spending.

Candidates in Berlin's state election are focusing on the city's deteriorating public spaces and infrastructure as key campaign issues.

The European Space Agency has successfully launched two advanced Earth observation satellites to monitor climate change and extreme weather events.

A recent report by the US Defense Department's inspector general reveals a significant munitions shortfall due to the ongoing war in Iran.

Saudi Arabia has warned it will react 'firmly' to attacks by Yemen's Houthi rebels, following a series of assaults that wounded 13 civilians.

North Korean leader Kim Jong Un has promised his 'invariable support' for Russia in a letter to President Vladimir Putin, calling Russia's war against Ukraine 'sacred'.

Sri Lanka's renowned Beach Wadiya, a historic seafood shack that has hosted royalty and celebrities, is fighting a government order for demolition as part of a coastal clean-up initiative.

A recent report by the International Institute for Democracy and Electoral Assistance (IDEA) reveals that the decline in US democracy indicators is emboldening authoritarian leaders globally.

The US Supreme Court has denied President Donald Trump's attempt to restrict mail-in voting ahead of the November midterm elections.