Bangladesh fetches nearly 2 bln USD from services export in July-October

DHAKA, Dec. 18 (NsNewsWire) — Bangladesh’s total services export income in the first four months of the current fiscal year 2018-19 (July 2018-June 2019) soared 56.46 percent year-on-year to nearly 2 billion U.S. dollars, an official said on Monday, reports Xinhua.
The official from Export Promotion Bureau (EPB) told Xinhua that the country fetched a total of 1,948.27 million U.S. dollars from exports during July-October, compared to 1,245.18 million U.S. dollars in the same period a year earlier.
Citing the EPB data, the official who did not like to be named said that Bangladesh exported transport services worth of 303 million U.S. dollars in July-Octobe, up 63.53 percent against the exports of services worth of 185.29 million U.S. dollars in the same period a year earlier.
Among other sectors of services export, telecommunication and information services had an impressive performance in the first four months of this fiscal year when the sector grew 20.70 percent year-on-year to 205.16 million U.S. dollars.
Bangladesh set its services export target in 2018-19 fiscal year at about 5 billion U.S. dollars.  Enditem