DHAKA, May 9 (Xinhua) -- Bangladesh's exports in the first 10 months of the current fiscal year (July 2018-June 2019) grew by about 11.61 percent to nearly 34 billion U.S. dollars.
Vietnam has gained over USD9.4 billion from exporting garments and textiles in the first four months of this year, up 9.8 percent year-on-year.
Nepal’s first garment processing zone in Simara in Bara district in Province 2 recently invited investors to submit applications to build production plants in the zone.
India’s goods and services tax revenue touched the highest ever in April, but the spurt in collections is far from becoming the norm just yet.
Forex traders said, besides the US-China trade concerns, foreign fund outflows, heavy selling in domestic equities and rising crude oil prices also kept pressure on the Indian rupee.
Goods and Services Tax (GST) regime in India is not likely to reduce the deficits of state governments significantly, amid large and growing expenditure mandates for the social sector as well as capital spending, says a report.