Govt prepares formal appeal to US over tariffs
The government will shortly write to the United States Trade Representative (USTR), urging it to reduce what it describes as an irrational imposition of 37 percent reciprocal tariffs on Bangladeshi exports, a top official said yesterday.
3 April 2025, 18:00 PM
Imports from India rise as exporters battle against lead time
Bangladesh’s reliance on Indian imports has been increasing as local manufacturers and industries are struggling to reduce the time needed to bring in goods from other destinations as they battle to meet shrinking lead times.
29 March 2025, 18:00 PM
75% factories yet to pay March wages, say Industrial Police
Nearly 75 percent of the 9,596 garment and non-garment factories across Bangladesh were yet to pay workers their March wages till yesterday, according to Industrial Police, as Eid holidays are just around the corner.
27 March 2025, 18:17 PM
Bangladesh underperforms in zero-duty trade with China
China has been the single largest trading partner for Bangladesh for many years, but imports from the country have far outweighed exports
24 March 2025, 18:00 PM
Closure of factories: Eid joy eludes jobless workers
An uncertain future is overshadowing the joy of the upcoming Eid for thousands of workers who have lost their jobs due to factory closures and layoffs in the wake of last year’s political shift.
21 March 2025, 19:02 PM
BGMEA seeks Tk 500cr from unpaid incentives
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged the government to release Tk 500 crore in due export incentives to help small and medium enterprises (SMEs) pay workers’ bonuses and other dues ahead of the upcoming Eid-ul-Fitr.
18 March 2025, 18:00 PM
Prices of garments shipped to US, EU see a decline
In recent months, Bangladesh’s garment shipments to major markets such as the European Union (EU) and the US have rebounded strongly, but the price per unit has declined.
15 March 2025, 18:00 PM
CA confirms scheduled LDC graduation
Professor Muhammad Yunus, chief adviser of the interim government, yesterday instructed his cabinet colleagues to prepare for Bangladesh’s status graduation from a least developed country (LDC) to a developing nation in November 2026, effectively doing away with all speculation.
13 March 2025, 18:00 PM
A lighthouse to businesses
In a war-ravaged country following the independence of Bangladesh, very few braved the risk of leaving a well-paid job to become a businessman.
12 March 2025, 18:00 PM
Syed Manzur Elahi: a visionary entrepreneur and nation-builder
Syed Manzur Elahi was one of Bangladesh’s most distinguished industrialists and entrepreneurs.
12 March 2025, 04:52 AM
Bangladesh beats competitors in RMG export growth to US
Bangladesh has outperformed competitor countries to attain the highest year-on-year growth in apparel shipments to the US market in January, as American retailers and brands are placing large volumes of work orders here to capitalise on the favourable tariff regime.
11 March 2025, 18:00 PM
Bangladesh eyes Pakistan as emerging sourcing destination
Bangladesh stands to benefit from enhanced trade ties with Pakistan as local traders are optimistic about getting more competitive prices and a broader range of raw material sources.
11 March 2025, 18:00 PM
Factories shut after July uprising struggle to reopen
Mills and factories that were vandalised, ransacked or set ablaze during and after the July uprising have been struggling to reopen due to financial crises, unavailability of bank loans and their politically exposed owners facing legal consequences.
5 March 2025, 18:00 PM
Exports edge up in further relief to economy
Bangladesh’s exports have shown resilience, displaying steady growth in key sectors such as garments, plastics and seafood in the first eight months of fiscal year (FY) 2024-25, somewhat defying global economic headwinds and domestic concerns like high inflation and political uncertainty.
4 March 2025, 18:00 PM
Is this the right time to hike gas prices?
The Bangladesh Energy Regulatory Commission (BERC) is going to hold a public hearing tomorrow on the proposed hike in gas prices for industrial use.
24 February 2025, 18:00 PM
Talks on trade deals show no major progress
Talks on preferential trade deals with a dozen countries have stalled since the political changeover in August last year, potentially adding to the challenges related to Bangladesh’s graduation from the club of Least Developed Countries (LDCs) in 2026, according to economists and business leaders.
20 February 2025, 18:00 PM
Coats plans to go greener in Bangladesh
The UK-headquartered thread manufacturer Coats Group has been expanding its operations in Bangladesh to meet the growing demand from local customers, according to a top official.
13 February 2025, 18:00 PM
Bangladesh should not solely depend on Trump tariff war
Trade protectionism is not the path to global competitiveness
13 February 2025, 08:53 AM
Apparel leads 5.7% export growth in January
The country’s merchandise exports increased by 5.7 percent year-on-year in January, driven by higher shipments of Bangladesh’s key export item, readymade garments.
3 February 2025, 18:00 PM
Trump’s trade war ushers in a new opportunity for Bangladesh
However, China will be the most affected under Trump since he said there would be an additional 10 percent duty for goods coming from the Asian giant.
3 February 2025, 08:17 AM