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.

The WTO Secretariat is closely monitoring and analysing US tariff measures

The average US tariff surged from 2.5 percent to 20 percent with a single executive action

The research aims to identify the most affected products and the extent of duties imposed

Bangladesh's stock market has been struggling for several years due to the poor performance of listed firms, exacerbated by the Covid-19 pandemic and the Russia-Ukraine war.

He urged exporters and businesses to closely monitor updates from the US Treasury and relevant authorities

“Such tariff measures could significantly hurt exports, particularly the RMG sector," said Raihan

The interim government aims to balance macroeconomic stability, inflation control, and 6 percent GDP growth in the next fiscal year’s budget, when the 13th parliamentary election is expected.

Currently, over 100,000 people are visiting Cox's Bazar daily

The agreement, signed on Thursday in Colombo, aims to facilitate technology development and sharing

Despite spending Tk 6,500 crore on capital dredging, poor navigability has crippled Payra Port, forcing many importers to offload their cargoes either at sea or at Chittagong Port and then transport it through lighter vessels.

The National Board of Revenue (NBR) has identified dozens of properties in Dubai owned by Bangladeshis, a senior official familiar with the matter has told The Daily Star.

As Eid shopping gained momentum over the past week in major cities, many shoppers were left scratching their heads over the prices of clothes.

Rural people have emerged as key consumers of home appliances ahead of this year’s Eid festival, as surging remittance inflows and good prices for agricultural produce, particularly rice, have boosted their purchasing power, according to electronics manufacturers and sellers.

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.

I, along with some seniors from Standard Chartered Bank, went to meet the-then finance minister SAMS Kibria in late 2000 to share our decision to acquire ANZ Grindlays Bank.

Ask sellers and they will cite various reasons: premium-quality fabrics, intricate designs, handcrafted embroidery, and sophisticated dying processes

Advocate Mahbubur Rahman Ismail, president of the Bangladesh Textile-Garments Sramik Federation, who was present at the demonstration, said more than 1,000 workers blocked the ways of the labour secretary at Sromo Bhaban (headquarters of the Department of Labour) for an hour, beginning from around 5pm. 

Mother vessels can no longer berth directly at Payra

For more than half a century, the dollar has defied the doom-mongers. And the most likely prospect is that it will continue to do so