LC Confirmation Charges Spike to 4%
Please Subscribe to view full content
LC Confirmation Charges Spike to 4%
Bangladesh faces rising inflation as trade credit lines shrink and LC confirmation charges surge to 4% from 2.5%-3%, straining importers…
Govt to Import 1 Lakh Tonnes of Grains for Price Stability
Please Subscribe to view full content
Govt to Import 1 Lakh Tonnes of Grains for Price Stability
To stabilize rice prices and boost public food stocks, the Bangladeshi government is ramping up imports, aiming to buy 1…
Import LCs Reach $6.7B in September
Please Subscribe to view full content
Import LCs Reach $6.7B in September
In September, Bangladesh’s letters of credit (LC) for imports rose to $6.7 billion, up from $5.37 billion in September of…
Import LC Settlements Hit $5.87 Billion in September
Please Subscribe to view full content
Import LC Settlements Hit $5.87 Billion in September
In September, the settlement of import letters of credit (LCs) rose by 24% year-on-year, totaling $5.87 billion. However, for the…
Imports from India Rise 3.9% but Exports Fall 6%
Please Subscribe to view full content
Imports from India Rise 3.9% but Exports Fall 6%
In the first five months of India’s fiscal year (April-August 2024), Bangladesh’s imports from India increased by 3.9% to $4.34…