The sluggish growth of apparel business in addition to the Eid holidays has brought down the total export earnings of Bangladesh by 12 per cent in August . This was revealed in the data recently |
released by Export Promotion Bureau ( EPB ).
Bijoy Bhattacharjee , Vice Chairman , EPB , however , said it will be unfair to evaluate and analyse the performance solely on the
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basis of one month ’ s earnings . He further added that the performance will vary each month based on the shipment of finished goods and orders from buyers . “ The performance overall remains |
positive ,” said the Vice Chairman . Abdus Salam Murshedy , President , Exporters Association of Bangladesh , said that the apparel industry contributed more than 83 per cent of the nation ’ s export revenue and that ’ s why the impact on overall export earnings is always huge .
However , the earning from garment exports for the month of July and August was US $ 5.7 billion , which is an increase of 3.8 per cent from what it was during the same months in 2017 .
Of this , knit products increased by 1.53 per cent to touch US $ 2.9 billion , whereas woven products surged by 6.2 per cent to clock US $ 2.8 billion .
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The earning from garment exports for the month of July and August was US $ 5.7 billion , which is an increase of 3.8 per cent from what it was during the same months in 2017 . |
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Once a flourishing sector , the handloom industry of Bangladesh has apparently fallen on hard times !
As per study conducted by the Bangladesh Institute of Development Studies ( BIDS ), the handloom units in the country have registered a sharp fall lately , from one lakh in 2003 to just 45,000 in 2017 .
Rapid and continuous growth of powerlooms and dyeing factories coupled with changing dressing habits and fashion of the womenfolk , have all led to the fall of the handloom industry , as per the study .
The principal objective of the BIDS study – based on secondary
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materials drawn from desk review of available published |
and unpublished documents and primary information gathered |
from field visits , important handloom areas and also some selective areas producing artistically-designed delicate fabrics – was to look into the existing status of the country ’ s handloom industry in reference to the past , thereby formulating a hypothesis on the future standing .
Some 1,65,000 handlooms were in operation in the country in 1990 , the study underlined adding that the rate of decline in the establishments and employment during 1990-2003 was estimated at 3.8 per cent and 1.31 per cent respectively while the corresponding rate was estimated at 5.0 per cent and 6.80 per cent for the period 2003-2013 .
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