Jute export earnings increase 20% in first half of FY20 | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
June 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JUNE 11, 2025
Jute export earnings increase 20% in first half of FY20

Economy

TBS Report
05 March, 2020, 09:20 pm
Last modified: 05 March, 2020, 09:21 pm

Related News

  • China's May exports slow, deflation deepens as tariffs bite
  • After a slow April, exports make strong rebound in May with $4.74b in earnings — highest in 11 months
  • Export container volume doubles; 5,000 trucks stuck on highways ahead of Eid
  • CA Yunus for China-backed boost for jute in economy
  • Govt approves second phase of 5,800 tonnes aromatic rice exports

Jute export earnings increase 20% in first half of FY20

11 persons, institutions to be awarded on National Jute Day

TBS Report
05 March, 2020, 09:20 pm
Last modified: 05 March, 2020, 09:21 pm
File Photo
File Photo

The earnings from jute and jute goods export were $616.2 million during July-January of the current fiscal year – 20.82 percent higher than that of last fiscal year's same period.

During the last season, 74.46 lakh bales of jute was produced in Bangladesh.

"The government played a big part in ensuring the fair price of jute. To make the buying and selling of jute easier, it developed a text message-based system. The government also increased the incentive for and internal use of jute products," said Textiles and Jute Minister Golam Dastagir Gazi.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

At a press briefing on Thursday, Golam Dastagir talked about the sector's achievement and the programmes to be held to celebrate the National Jute Day this year. "In the backdrop of environmental hazards caused by overuse of polythene and plastic, a new interest in the use of the natural fibres has arisen."

"This has also created a possibility for reclaiming the glory of the golden fibre by increasing production and use of environment-friendly jute goods. In line with this, different initiatives had been taken through the Jute Diversification Promotion Centre. "

Currently, 700 entrepreneurs are manufacturing 282 types of jute products in the country.

Golam Dastagir said the government had taken adequate measures to expand the jute industry and encourage jute farmers.

The National Jute Day will be observed on Friday with the slogan "Sonali Ansher Sonar Desh, Mujib Borshe Bangladesh (Golden Country of Golden Fibre, Bangladesh in Mujib Year)".

To celebrate the National Jute Day, a fair of diversified jute goods will be held during March 6-10 at the Officers' Club Dhaka. Besides, 11 individuals and organisations will be awarded for their contribution to research on jute, its increased production, use, and diversified jute product export.

Golam Dastgir Gazi will be present as the chief guest of the inauguration ceremony of the National Jute Day. Commerce Minister Tipu Munshi, State Minister for Labour and Employment Begum Monnujan Sufian, Chairman of Parliamentary Standing Committee on Textiles and Jute Ministry Mirza Azam will also attend the programme as special guests.

Top News

Jute / export

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh's growth forecast unchanged: WB report
    Bangladesh's growth forecast unchanged: WB report
  • Faiz Ahmad Tayeb. Photo: BSS
    Import duty on raw materials for e-bikes, lithium batteries reduced from 80% to 1% in some cases: Faiz Taiyeb
  • Swedish activist Greta Thunberg, who departed Israel by plane on Tuesday after being detained aboard the Gaza-bound British-flagged yacht "Madleen" after Israeli forces boarded the charity vessel as it attempted to reach the Gaza Strip in defiance of an Israeli naval blockade, talks to journalists surrounded by French police as she arrives at a terminal at the Paris-Charles de Gaulle Airport, in Roissy-en-France near Paris, France, June 10, 2025. REUTERS/Gonzalo Fuentes
    Greta Thunberg says she was kidnapped by Israel in international waters

MOST VIEWED

  • On left, Abdullah Hil Rakib, former senior vice president (SVP) of BGMEA and additional managing director of Team Group; on right, Captain Md Saifuzzaman (Guddu), a Boeing 787 Dreamliner pilot for Biman Bangladesh Airlines. Photos: Collected
    Ex-BGMEA SVP Abdullah Hil Rakib, Biman 787 pilot Saifuzzaman drown in boating accident in Canada
  • File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar
    Dhaka: The city we never want to return to, but always do
  • Chief Adviser Muhammad Yunus leaves for a four-day visit to the United Kingdom from the Dhaka airport on 9 June 2025. Photo: CA Press Wing
    CA Yunus leaves for UK; discussion expected on renewable energy investment, laundered money
  • File Photo: Collected
    Enhanced surveillance at Ctg airport amid rising global Covid-19 cases
  • Inside the aid ship stormed by Israeli forces on 9 June 2025. Photo: BBC
    Israeli forces stormed aid boat carrying Greta Thunberg bound for Gaza: Freedom Flotilla Coalition
  • Photos: Collected
    Abdul Hamid wasn't arrested because he's not wanted right now: Home adviser

Related News

  • China's May exports slow, deflation deepens as tariffs bite
  • After a slow April, exports make strong rebound in May with $4.74b in earnings — highest in 11 months
  • Export container volume doubles; 5,000 trucks stuck on highways ahead of Eid
  • CA Yunus for China-backed boost for jute in economy
  • Govt approves second phase of 5,800 tonnes aromatic rice exports

Features

Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

7h | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

1d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

6d | Panorama

More Videos from TBS

Greta Thunberg deported from Israel

Greta Thunberg deported from Israel

9h | TBS World
BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

10h | TBS Today
News of The Day, 10 JUNE 2025

News of The Day, 10 JUNE 2025

7h | TBS News of the day
Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

10h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net