In last five years from 2017 to 2022, the United States (USA) apparel import from Bangladesh increased by 13.99 per cent whereas their import from the world has grown by 4.50 per cent annually. The USA is one of the major apparel importers for Bangladesh as well as for the world. In 2022, USA import from the world increased by 22.48 percent year-over-year and reached $ 99.93 billion from $ 81.58 billion in 2021. Bangladesh remains the third largest apparel source for USA with a 9.75 percent share of its total apparel import, which was 8.76 percent in 2021. In 2022, USA clothing import from Bangladesh grew by 36.38 percent year-over-year. USA imported $ 9.74 billion worth of apparel from Bangladesh in 2022 which was $7.16 billion in 2021 and $5.40 billion in 2018, said a press release of the BGMEA. The release said if the quantity based statistics measured in per square meter equivalent (SME), USA apparel import from Bangladesh registered 20.65 percent growth year-over-year, which reached to 3.14 billion SME in 2022 from 2.60 billion in 2021. Read More...
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Indian Chamber of Commerce (ICC) held Business to Business (B2B) meeting today in the capital to boost further the trade relations between the two countries. The FBCCI held the meeting with the visiting 43-member business delegation of ICC at the FBCCI office in the capital. FBCCI senior vice president Mostafa Azad Chowdhury Babu presided over the meeting. The ICC delegation was led by the organization Director General Rajiv Singh. The meeting was discussed about strengthening further the trade relations between the two countries, said a press release. Read More...
Good news for smartphone lovers waiting eagerly to get their hands on the marvel of smartphone technology – unfolding a new world with foldables as Samsung Bangladesh has started accepting pre-orders for its fifth-generation foldables – Galaxy Z Flip5 and Galaxy Z Fold5. Pre-orders have started from today and end on August 28, 2023. Deliveries will start on August 29, 2023. Samsung Galaxy Z Flip5 features an enormous Flex Window of a 3.4-inch Super AMOLED display that can be customized with an extensive array of Clockface and Standard Wallpapers. People can conveniently use and navigate various apps through the Flex Window, such as Maps, Messenger, YouTube, and Netflix. The device flip opens to a magnificent 6.7-inch Dynamic AMOLED 2x Infinity Flex Display that supports a 120Hz adaptive refresh rate for smooth scrolling and swiping. The outstanding aspect of Flip devices is the hands-free experience, where users can use it by simply putting the device on a surface at a 90-degree angle (like a laptop). The smartphone is equipped with Snapdragon 8 Gen 2 Galaxy Edition 4nm chipset, Corning Gorilla Glass Victor 2 for both displays, IPX8-rated water resistance, 256GB storage, 8GB LPDDR5X RAM, and a 3,700mAh battery. The device has an incredible 12MP Wide Camera, 12MP Ultra-Wide Camera, and a 10MP Front Camera. Galaxy Z Flip5 will be priced at BDT 183,999. During the pre-order period, customers would enjoy benefits such as receiving BDT 24,000 cashback and a screen replacement offer for 6 or 12 months. Customers can subscribe to this offer for starting prices of BDT 2,250. Galaxy Z Fold5 features a slimmer, flatter, and lighter design with maximized productivity, enhanced build quality, and an array of epic cameras. The device captures stunning shots with its 50MP Wide Camera with 30x Space Zoom, 10MP 3x Optical Zoom Telephoto, 12MP Ultra-Wide Camera, and 10MP Front Camera. The phone boasts a massive 7.6-inch Dynamic AMOLED 2x Infinity Flex Display with a refresh rate of 120Hz Infinity-O display. Galaxy Z Fold series is known for providing a Tablet experience within a smartphone, and customers can enjoy a seamless content viewing experience on a massive display anywhere and everywhere. Galaxy Z Fold5 will be priced at BDT 299,999. Customers can enjoy BDT 20,000 cashback during the pre-order period. They can also avail the Nevermind screen replacement offer for 6 or 12 months. Customers can subscribe to this offer for starting prices of BDT 3,500. With the Nevermind offer, customers can save up to BDT 125,000. Read More...
Amazon on Thursday reported a quarterly profit that trounced market expectations, driven by strong sales helped by its annual Prime discount event. The tech giant said it made a profit of $6.7 billion in the recently ended quarter, eclipsing earnings forecasts. "It was another strong quarter of progress for Amazon," the company chief executive Andy Jassy said in an earnings release. Amazon shares were up more than 7 percent to $138.79 in after-market trades that followed the release of the earnings figures. Net sales revenue at Amazon increased 11 percent to $134.4 billion, compared with $121.2 billion in the same quarter a year earlier, the earnings report showed. Read More...