Buoyed by boosting export to the European markets, ceramic items of Bangladesh registered 127 per cent growth in foreign currency earning.
Top buyers of European Union (EU) and other countries have started to move to Bangladesh for ceramic items that pushed export earnings of the sectors to a healthy growth of $ 5.65 crore in the first eight months of the current fiscal, according to statistics of Export Promotion Bureau (EPB).
Talking to the news agency, Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) General Secretary Irfan Uddin said China is leading the global ceramic market, especially in the EU markets, but Bangladesh is now expanding its stake.
“China used to export ceramic items paying 12 per cent duty which has been hiked recently that made Chinese ceramic costlier and has paved the way for Bangladeshis ceramic,” he added.
Referring to Bangladesh’s duty free access to EU market, Irfan Uddin also director of FARR Ceramics said: “If we grab the opportunity, it will be a big boost for our industry.”
He hoped that the export earnings would exceed $ 10 crore after the end of the fiscal.
|
The country’s electricity and gas sector should go for a gradual shift in the energy tariff setting mechanism from an administered system to a market-based system, said experts at a seminar yesterday.… 
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
|