Exports fall 7.85% to $4.35 billion in Oct

October's export earnings declined by 7.85 per cent year-on-year to $4.35 billion because of slowdown in shipment of goods stemmed from the high inflation in the European countries, the main export destination for Bangladesh.
2 November 2022, 09:05 AM

Visiting IMF team queries about Bangladesh's post-LDC preparation: Ghosh

The visiting team of the International Monetary Fund (IMF) today wanted to know how prepared Bangladesh is for the country's graduation to a developing nation in 2026.
2 November 2022, 08:12 AM

Bangladesh plans to ship mango to Japan, EU from 2023: minister

Bangladesh plans to start commercial export of mangoes to Japan and European countries from 2023, Agriculture Minister Muhammad Abdur Razzaque said today.
1 November 2022, 17:27 PM

Remittance falls by 7.4% in Oct

Remittance declined further in October, intensifying the pressure on the government to manage its macroeconomy amid plummeting foreign exchange reserves.
1 November 2022, 11:31 AM

World food supplies at risk as Russia withdraws from Black Sea deal

Russia's weekend backtrack from a UN-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a global food crisis and sparking gains in prices.
31 October 2022, 07:10 AM

‘Foreign investments will make Ctg port a regional hub’

There is nothing to fear about foreign investments in Bangladesh’s ports as the government is determined to serve the country’s interest first before accepting any new investment, State Minister for Shipping Khalid Mahmud Chowdhury said today.
30 October 2022, 14:12 PM

2.51 lakh tonnes of shrimp produced in Bangladesh in FY21: minister

Bangladesh produced 2.51 lakh tonnes of shrimp in 2020-21 fiscal year and the country’s export income increased in the last few years despite global recession amid Covid-19 pandemic, Fisheries Minister SM Rezaul Karim said today.
29 October 2022, 08:02 AM

India's forex reserves drop to lowest since July 2020

India's foreign exchange reserves fell to $524.52 billion in the week through Oct. 21 to remain at their lowest since July 2020, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.
29 October 2022, 07:06 AM

India extends curbs on sugar exports by a year

India, the world's biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.
29 October 2022, 06:56 AM

3-day US Trade Show begins Thursday

The three-day US Trade Show will begin in the capital on October 27 to showcase American products and services in Bangladesh and give a boost to the bilateral trade.
25 October 2022, 14:45 PM

BGMEA urges Italy to invest more in Bangladesh

Local garment makers have urged the Italian clothing retailers and brands to source more apparel items from Bangladesh and invest more in the south Asian country.
23 October 2022, 15:27 PM

‘Ratify Hong Kong Convention to lead in ship recycling’

Bangladesh should ratify the Hong Kong Convention, as the declaration will help the south Asian country become the leader in the ship recycling industry, Norwegian Ambassador Espen Rikter-Svendsen said today.
23 October 2022, 14:54 PM

Five state economic zones got $22 billion investment proposals

Five state-run economic zones have received $22.17 billion investment proposals, which are expected to generate employment opportunities for around 8.16 lakh people.
23 October 2022, 11:23 AM

‘Ensure safe meat, egg for a healthy nation’

The government targets making available 160 grams of meat a day and 208 eggs a year for per person by 2041, said Monjur Mohammad Shahjada, director general of the Department of Livestock Services.
22 October 2022, 14:01 PM

‘Lack of integrated policy slows export diversification’

Bangladesh has made limited progress in export diversification because of the absence of integrated policy and slow implementation of current strategies, experts said.
22 October 2022, 12:47 PM

Five-day Going Green exhibition by Danish embassy ends

The Embassy of Denmark in Bangladesh has hosted a five-day exhibition, called ‘Going Green’, at Bay’s Edge Gallery in Dhaka to highlight green solutions that can support sustainable and inclusive economic growth.
22 October 2022, 08:50 AM

High duty an obstacle for Bangladesh’s export to Malaysia: Munshi

The country could not harness the export potential of Malaysia because of high tariff imposed on Bangladeshi goods, Commerce Minister Tipu Munshi said today.
20 October 2022, 10:43 AM

Adopt ‘no electricity no pay’ policy now, CPD urges govt

The government should take no electricity no pay policy now, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD).
20 October 2022, 07:32 AM

Dollar shortage, rising inflation among 7 crises affecting Bangladesh: CPD

Bangladesh is facing at least seven crises at present, the Centre for Policy Dialogue (CPD) said today.
20 October 2022, 06:39 AM

'India’s experiences in SME development can be used in Bangladesh'

Bangladesh may use the Indian experience in the development of their small and medium enterprises, analysts said today.
19 October 2022, 14:50 PM