Bangladesh Sees $880 Million Remittance Inflow in Just Over a Week of September

by

Bangladesh received $880 million in remittances during the first eight days of September, according to Bangladesh Bank data. The inflow reflects a sharp rise compared to the same period last year and highlights the growing reliance on overseas income to support the country’s economy. Strong Early September Growth Between September 1 and 7, expatriates remitted … Read more

US Tariffs Kick Synthetic Shoe Demand Toward Bangladesh

by

After the United States imposed higher tariffs on Chinese footwear, global brands have started looking for alternative sourcing hubs. Bangladesh, with its growing non-leather and synthetic footwear industry, is emerging as a major beneficiary of this shift. What’s Fueling the Shift? Tariff Advantage: Bangladesh successfully negotiated a 20% U.S. import tariff on its leather and … Read more