Economy

Bangladesh Sets Reform Roadmap Following LDC Graduation Extension

Textile Insights November 5, 2026

Bangladesh has submitted a three-year reform roadmap to its development partners to strengthen banking, revenue collection and the business environment after securing an extension of its graduation from the United Nations’ least developed country (LDC) category. The revised graduation date of

Trade & Market

Chittagong Port Hikes Tariffs 50% For First Time In 39 Years

Textile Insights October 17, 2025

Chittagong Port Authority (CPA) has implemented its first tariff increase in 39 years, with charges rising up to 50%, effective Tuesday. The hike is aimed at expanding port capacity and upgrading services, CPA Secretary Omar Faruk said, adding that the impact on consumers would be ‘minimal.’ Several fees have surged significantly. Berthing charges for the […]

Industry

India Restricts Bangladeshi Garment Imports To Sea Routes Amid Trade Tensions

Textile Insights May 19, 2025

Indian government has restricted the import of readymade garments (RMG) from Bangladesh to two sea ports Kolkata and Nhava Sheva (Mumbai), effective this week. This shift ends the long-standing use of land routes like Petrapole, which previously handled 76% of such shipments. The change is expected to significantly increase transit time and logistics costs, affecting […]

Industry

EU-Vietnam FTA Threatens Bangladesh’s RMG Exports

Textile Insights December 4, 2024

Bangladesh’s RMG exports to the EU could decline by 21% due to the EU-Vietnam Free Trade Agreement (FTA) and Bangladesh’s LDC graduation, a study by RAPID and Friedrich-Ebert Stiftung revealed. The report highlights that Bangladesh’s overall exports to the EU may drop by 21% as it loses duty-free access under the Everything But Arms (EBA) […]