Foreigners working in Bangladesh on the rise
Experts blame dearth of skilled employees, managers locally
19 July 2023, 01:00 AM
Japanese minister to arrive next week for discussion
Bangladesh and Japan will soon discuss the findings of a joint study on signing the proposed Economic Partnership Agreement (EPA) for furthering trade and investment between the two countries.
18 July 2023, 00:55 AM
Bangladesh will again seek duty benefits in US
Bangladesh will again urge the US for duty-free access as the tariff imposed on exports from the country is one the highest faced by goods entering the western nation, according to Senior Commerce Secretary Tapan Kanti Ghosh.
16 July 2023, 18:00 PM
'Bangladesh to seek US duty benefit again in next Ticfa meet'
Senior Commerce Secretary Tapan Kanti Ghosh says
15 July 2023, 16:25 PM
Exports to US slide
The slowdown in the global economy stemming from the fallout of Covid-19 and the Russia-Ukraine war sent merchandise shipment to the United States from Bangladesh lower in the just-concluded fiscal year.
14 July 2023, 00:30 AM
Top business leaders welcome trade in rupee with India
The settlement of trade with India in the rupee will offer some benefit to exporters as this is expected to protect them from currency conversion loss and save time, according to a number of business people.
11 July 2023, 18:00 PM
Commerce secretaries to meet next month
A meeting between the commerce secretaries of Bangladesh and India is likely to be held in Dhaka next month to review the progress towards signing a comprehensive economic partnership agreement (Cepa) to increase bilateral trade and investment.
10 July 2023, 18:00 PM
Preparations underway for FBCCI polls on July 31
Preparations are underway by a board which would hold an election in Dhaka on July 31 to form the top management of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the 2023-25 term.
10 July 2023, 18:00 PM
Indo-Bangla trade in rupee to benefit Bangladesh: MCCI
The introduction of the Indian currency in settling transactions of bilateral commerce will cut Bangladesh’s reliance on the US dollar and deepen two-way trade, said a top chamber yesterday.
9 July 2023, 01:30 AM
RMG exporters bracing for difficult times as orders slow
Apparel exporters are anticipating that the next six months will be challenging for the garment industry in Bangladesh as they receive fewer work orders from international buyers amid inflationary pains and depressed customer sentiments.
7 July 2023, 00:00 AM
Non-traditional products that are driving exports alongside RMG
Apart from garment items, some non-traditional products played a vital role in gaining export earnings for Bangladesh even amid the global economic slowdown in the previous fiscal year.
5 July 2023, 00:30 AM
Exports bring home record $55.56b in FY23
Exports fetched a record $55.56 billion in fiscal 2022-23 amid challenging conditions at home and abroad, in what can be viewed as one of the few bright sparks in the economy at present.
4 July 2023, 01:10 AM
Tannery CETP needs renovation even before offering full service
Bangladesh is yet to reap the full benefit from the much-talked central effluent treatment plant (CETP) at the Savar Tannery Industrial Estate (STIE) despite spending more than Tk 500 crore and waiting for nearly a decade.
4 July 2023, 00:00 AM
War dashes exporters’ $1b Russian dream
Bangladesh’s shipment to Russia fell nearly 30 per cent year-on-year to $432 million in July-May of the outgoing financial year owing to the difficulty in supplying goods to a country at war with Ukraine.
26 June 2023, 00:00 AM
Rawhide traders likely to get better prices this Eid
Rawhide traders and farmers at the grassroots level are expected to receive better prices from the sale of animal skins during the upcoming Eid-ul-Azha as the business outlook for leather and leather goods for 2023 is still bright despite the lingering uncertainty at home and abroad.
19 June 2023, 02:00 AM
Focus on making apparel by recycling yarn, fabric
Local garment suppliers will have to focus on making apparels wholly from recycled materials by 2030 as the H&M is going to abide by a European Union (EU) due diligence law on protecting the environment and human rights.
15 June 2023, 18:00 PM
Cotton consumption to rebound
Cotton consumption in Bangladesh will grow in the marketing year of 2023-24 on the back of a rebound in work orders from international clothing retailers and brands, according to the United States Department of Agriculture (USDA).
11 June 2023, 01:30 AM
How industries are coping
Over the last couple of weeks, power cuts have become a pretty regular event.
6 June 2023, 01:40 AM
Prospects for job creation gloomy
The government’s promise to create jobs for a massive number of people in the current fiscal year has not translated into reality as most of the initiatives aimed at generating employment have not been implemented.
3 June 2023, 01:00 AM
Apparel exports to non-traditional markets on the rise
Although garment shipments from Bangladesh to major destinations saw negative growth over the past few months due to inflationary pressure stemming from the Russia-Ukraine war, rising exports to non-traditional markets has emerged as a silver lining.
1 June 2023, 02:00 AM