News

Bangladesh's cement industry has recorded a fall of 17.3 per cent in export revenue to US$10.41m between July 2018 and June 2019, compared to US$12.59m of the corresponding period of the previous fiscal, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products.

Consumption of liquefied petroleum gas (LPG) in the country has witnessed a stunning four-fold growth over the past three years, as more and more households, commercial entities and vehicles are opting for it. Around 1.0 million tonnes of LPG are likely to be consumed in the current calendar year 2018, up from around 250,000 tonnes in 2015, deputy secretary of the Ministry of Power, Energy and Mineral Resources Akramuzzamn told the FE on Saturday.

Pharmaceuticals export has crossed $100-million mark for the first time in the country's history, according to the Export Promotion Bureau. Export earnings from the sector hit $103.46 million in 2017-18, up 16.03 percent from a year ago thanks to improved compliance by the local manufacturers.