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Tuesday। 13 October। 2026
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factory-closures

Tk 87,000 crore in garment export earnings trapped in foreign hands
Tk 87,000 crore in garment export earnings trapped in foreign hands
Bangladeshi garment manufacturers have yet to receive $7 billion in export proceeds from garments shipped to various countries around the world. At an exchange rate of Tk 125 per dollar, the amount stands at Tk 875 billion, or Tk 87,500 crore. The trend began in 1990 and has continued for the past 36 years. This means an average of Tk 2,400 crore has gone missing every year. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has not published a specific consolidated fi...
Bangladesh•13 October 2026