News Snapshot:
The country’s apparel exports to the United States recorded nearly 26.81 per cent growth to US$ 3.13 billion during the first half of 2021. Bangladesh fetched $ 2.46 billion from readymade garment exports to its single largest destination during the January-June period of last year, according to OTEXA, an affiliate of the US Department of Commerce. During the first half of 2021, Bangladesh’s main competitors China and Vietnam recorded 26.77 per cent and 20.45 per cent growth respectively. Gradual economic recovery aided by the Covid-19 vaccination coverage, better control in coronavirus infection and a shift of orders from China have...