Insights
Bangladesh second in export growth: WTO
Bangladesh has achieved the second highest export growth globally over the past decade (2008-2018) and the highest among South Asian nations thanks to the spiralling apparel shipment, according to World Statistics Review 2019.
Vietnam, which is also one of the top garment exporters worldwide, topped the list with a 14.6 percent export growth while Bangladesh gained 9.8 percent, according to the flagship annual report of the World Trade Organisation.
Exports of two giant economies, China and India, grew by 5.7 percent and 5.3 percent respectively. Bangladesh exceeded the export growth of many leading economies like China, India, Brazil and Turkey and some developing nations because of the high volume of garment export.
“Bangladesh’s exports of apparel and clothing more than trebled between 2008 and 2018,” the WTO said.
Vietnam’s exports of electrical machinery increased almost 30-fold between 2008 and 2018, according to the report. Bangladesh is now the 42nd largest exporter and 30th largest importer of the world, the data said.Meanwhile, Bangladesh main-tained the title of second largest garment exporter worldwide grabbing 6.4 percent of the trade while China maintained its dominance occupying 31.3 percent despite a slight decline in the growth in 2018.
The share of Vietnam in apparel trade grew to 6.2 percent, India 3.3 percent and Turkey 3.1 percent, according to data of the WTO.
Climate change may cause water scarcity in wheat-growing regions
The impending climate change may have an adverse impact on global wheat production in the years to come. Scientists involved in a new modelling study found that many wheat-growing regions in the world — as much as 60 per cent— will face a severe water scarcity in a few decades from now due to climate change
Nuclear Performance Improves, but More Reactors Needed
“The world’s nuclear plants continue to perform excellently,” Agneta Rising, director general of the World Nuclear Association, wrote in the preface to the recently released World Nuclear Performance Report 2019. Yet, if the nuclear industry is to reach its
Spillover: world economies' next big headache
Factories have been the first victims of the Trump-era global trade rows. Now the
‘Farmers to get machineries at subsidised rate from next season’
Farmers will be provided with agricultural machinery at subsidiary rates in order to boost production and save them from losses, said Agriculture Minister Muhammad Abdur Razzaque.
Add Your Heading Text Here
Add Your Heading Text Here
Add Your Heading Text Here
Combining A.I. and human knowledge could transform how power grids work
From smart meters to app-controlled thermostats, technology is rapidly changing the electricity sector.One company, headquartered in the city of Lyon, France, wants to use tech to make changes in power production and distribution on a larger scale.Cosmo Tech is a software firm that utilizes something called augmented intelligence–a pairing of human knowledge and expertise with artificial intelligence
How can you use an audience data hub to turbocharge your marketing agility?
By understanding the behaviours of those who have a relationship with their brand, marketers can personalise engagement to create a roadmap that will improve their marketing results.
Ball Debuts First-Ever Aluminum Cup as Consumer Demand for Sustainable Packaging Grows
A game-changer for the industry, Ball’s latest innovation will debut in September with additional roll out during the fall at major entertainment and sports venues across the U.S.
China Vows to Continue Opening Financial Markets
China said it would continue to open up its financial markets and encourage foreign investment amid reports the Trump administration is considering restrictions on fund flows to China.“We will take further steps to promote high quality two-way financial opening,
Brexit Fears And Miserable Motor Trade Do Not Auger Well For The European Economy
The Euro zone economy has been spluttering during September following a sharp decline in global trade and the threat of a “no-deal” Brexit still looms large.It is not a good signal as the data for Q3 2019
At IFA, Startups Forge Human-Centric Interfaces Between People and Technology
Brain activity scanners, retinal projectors and even interactive displays made of wood were among new technologies turning heads at Germany’s recent IFA electronics trade show as visitors flocked to see innovations from Japanese startups.
Where Will The Electric Aviation Start-Ups Find $40B?
Urban Air Mobility (UAM) has generated a lot of excitement over the past two years, fueled by significant investments from Uber, Airbus and others
Witness the advent of some new services such as Voom in Sao Paolo and Mexico City and Uber Elevate’s new Uber Copter multi-modal service from JFK to Manhattan. Helicopter services like Blade have gained traction in New York
Sylhet tea industry hamstrung by investment crunch
Tea of Bangladesh is facing multifaceted challenges like inadequate investment, increased price of inputs including fertilisers, underdeveloped infrastructures, lack of irrigation facilities and above all lack of initiatives to introduce better cropping and management for raising per hectare yield.
However, the tea sector is a slow growth one mainly due to lack of investment. Many private investors
New Green Growth Electrifies Auto Industry
It may seem unlikely now, but cars and trucks are about to get electrified in a big way.
That’s the takeaway from a research note published Tuesday by Morgan Stanley. The venerable investment research firm notes three recent actions by auto industry executives that clearly lay out the transition.
It’s an opportunity for investors to get ahead of the curve.The move to electric has been in the works for a long time.
Steel Pipe Market
Future Market Insights
Pipes are a prominent and integral part of every human being’s everyday life, which include transporting water, oil & gas, sewage & sanitation, etc. Steel pipes are one of the types used in the pipe industry for both industrial and housing purposes. Steel pipes are categorised as carbon steel pipe, stainless steel pipes and others. These pipes are mostly used in the water supplying and sewage systems due to its durability and low cost. Carbon steel pipes are usually used in industrial processes involving extreme cold, high heat or for transporting gases, such as steam. Stainless steel has the quality to prevent from oxidation and corrosion, which makes it a widely used material nowadays. One more category that is structural steel pipes, used in the construction industry. Steel pipes are also used in numerous applications that involve the flow of fluid with a closed loop.
China Vows to Continue Opening Financial Markets
China said it would continue to open up its financial markets and encourage foreign investment amid reports the Trump administration is considering restrictions on fund flows to China.“We will take further steps to promote high quality two-way financial opening,
Brexit Fears And Miserable Motor Trade Do Not Auger Well For The European Economy
The Euro zone economy has been spluttering during September following a sharp decline in global trade and the threat of a “no-deal” Brexit still looms large.It is not a good signal as the data for Q3 2019
At IFA, Startups Forge Human-Centric Interfaces Between People and Technology
Brain activity scanners, retinal projectors and even interactive displays made of wood were among new technologies turning heads at Germany’s recent IFA electronics trade show as visitors flocked to see innovations from Japanese startups.