Negotiations for FTA with Asean underway
Bangladesh has formally initiated negotiations with the Association of South-East Asian Nations (Asean) to sign a free trade agreement to enjoy greater market access in the bloc after graduating from the least developed country grouping.
13 December 2020, 18:00 PM
Garment sector to lose $4b in EU if duty-free benefit ends
Bangladesh’s garment exporters will lose $4 billion if the duty-free trade benefit for the country comes to an end in the European Union following its graduation to a developing nation, according to a new study.
6 December 2020, 18:00 PM
Bangladesh signs trade deal with Bhutan today
Bangladesh will ink its maiden preferential trade agreement (PTA) with Bhutan as the country looks to retain duty benefits following its graduation to a developing country from the least developed nation category.
5 December 2020, 18:00 PM
High-end products still a long way off
Bangladesh’s apparel industry is struggling to graduate to a producer of high-end items despite being in the business for four decades and one of the top suppliers globally, missing out on the opportunity to receive premium prices from international retailers and brands.
5 December 2020, 18:00 PM
November export receipts highest in four months
Merchandise exports bounced back in November, rising 0.76 per cent year-on-year to $3.07 billion helped by garment, home textile and jute goods shipment, official data showed yesterday.
3 December 2020, 18:00 PM
Bangladesh’s real wage suffers steepest plunge in Asia: ILO
Workers in Bangladesh witnessed the sharpest fall in their real wages among their peers in Asia and the Pacific in the last decade despite higher productivity gains, according to a new report from the International Labour Organisation (ILO).
2 December 2020, 18:00 PM
I see no change in US-Bangla ties
US engagement with Bangladesh on trade, economic and defence fronts has increased in recent months. In September, the countries signed an open sky deal and held comprehensive economic partnership dialogues.
1 December 2020, 18:00 PM
Workers continue demos for dues
Nearly 400 workers of an Italian-owned factory shuttered by the pandemic yesterday attempted to lay siege to the labour and employment ministry at the Secretariat demanding dues.
1 December 2020, 18:00 PM
‘Our engagement will grow across the board’
The US is optimistic about deepening ties with Bangladesh as the country’s exports to American markets have maintained a robust growth while investors are looking to widen their footprint in the South Asian nation, US Ambassador Earl R Miller said.
1 December 2020, 18:00 PM
Trade fair hangs in balance for pandemic
Traffic movement through the capital’s Agargaon area will be a lot smoother than usual from next January as the government has decided to relocate the Dhaka International Trade Fair (DITF) from Sher-e-Bangla Nagar to Purbachal.
28 November 2020, 18:00 PM
Govt likely to ease rules on duty-free fabric use to export high-end apparels
The government may ease the rules on the use of fabric imported duty-free to help local manufacturers shift to high-end apparels and boost export earnings as firms generate more waste while producing fancy items for international markets.
28 November 2020, 18:00 PM
Bangladesh pays industrial victims way less than ILO standard
The amount of compensation legally payable to victims of industrial incidents in Bangladesh is far below than the provisions of the ILO Convention 121, said Tuomo Poutiainen, country director of the International Labour Organisation.
24 November 2020, 18:00 PM
Task now to take forward safety progresses
Bangladesh should continue to take forward the progress achieved in ensuring workplace safety following the two deadliest back-to-back industrial incidents to prevent a recurrence and save the lives of workers.
23 November 2020, 18:00 PM
Denim Expert: a champion in sustainability
Despite facing numerous work order cancellations and subsequent suspension of most exports due to the ongoing coronavirus pandemic, Denim Expert Ltd did not lay off any of its workers.
22 November 2020, 18:00 PM
Second wave starts taking a toll on garment export
Just as Bangladesh’s main foreign currency-earning apparel sector had begun recouping from shocks to its exports, a second wave of the coronavirus pandemic has started inflicting damages again.
21 November 2020, 18:00 PM
Covid-19 fallout: How the humble home textile is beating the odds
That the novel coronavirus has brought down many businesses is nothing new. Tourism firms and hotels are some of the first victims to come to mind, considering all the non-stop ruckus with isolation.
18 November 2020, 18:00 PM
Apparel makers demand easing conditions for using duty-free fabrics
Local apparel manufacturers have urged the bond authorities to increase the amount of waste permitted while producing garments from items imported duty free under bonded warehouse benefit.
17 November 2020, 18:00 PM
Apex goes global
Apex Footwear has launched its first international outlet, finding its niche in Kathmandu, the capital of the Himalayan Kingdom ofNepal.
17 November 2020, 18:00 PM
Talks essential for viable solution: Japanese envoy says about Rohingya crisis
Japan is directly communicating with Myanmar, emphasising the importance of Rohingya repatriation and accountability as it considers a long-term solution to the crisis and regional stability essential conditions for a free and open Indo-Pacific.
16 November 2020, 18:00 PM
Improve business climate, go for intense negotiation for more Japanese investment: envoy
Japanese Ambassador to Bangladesh ITO Naoki believes Bangladesh should begin intense negotiations with his country so that the duo could sign a comprehensive economic partnership agreement.
16 November 2020, 18:00 PM