Bangladesh offers duty benefit to 43 types of Bhutanese goods

The customs authority has withdrawn import duties on 43 types of Bhutanese goods to give them better market access to Bangladesh, according to a notification issued by the National Board of Revenue (NBR) recently.
8 August 2022, 15:18 PM

17 companies form Bangladesh-Turkiye Business Forum

Eleven Bangladeshi and six Turkish companies have come together to establish the new Bangladesh-Türkiye Business Forum (BTBF) at a meeting hosted by the Turkish embassy in Dhaka.
6 August 2022, 10:00 AM

'Sanctions have huge toll on Russian economy'

The Russian economy has been deeply damaged by sanctions and the exit of international business since the country invaded Ukraine, according to a new report by Yale University business experts and economists.
2 August 2022, 11:58 AM

Maersk sees global supply chain woes for longer; lifts 2022 guidance

Maersk raised its 2022 profit guidance for a second time on Tuesday after beating quarterly revenue expectations as congested global supply chains that have boosted freight rates persist longer than expected.
2 August 2022, 11:54 AM

Remittance inflow rises 11.76% to $2.09 billion in July

Remittance flow to Bangladesh rose 11.76 per cent year-on-year to $2.09 billion in July, a development that would bring some relief for the country that is struggling to keep its foreign currency reserves in a healthy shape.
1 August 2022, 12:49 PM

UAE cuts fuel oil prices

The United Arab Emirate cut fuel oil prices after a break of six months and the new prices will be effective from August 1.
1 August 2022, 11:56 AM

‘Bangladesh wants to build strong bilateral relation with Egypt'

Bangladesh is keen to establish a strong relation with Egypt as the two countries have immense bilateral trade potential, said Bangladesh's Ambassador to Egypt Md Monirul Islam.
1 August 2022, 08:09 AM

Use China’s Renminbi as second currency for imports: MCCI

The Metropolitan Chamber of Commerce and Industry (MCCI) today suggested the central bank should consider China’s Renminbi (RMB) as a second currency for international trading, especially for importing raw materials from China.
27 July 2022, 15:45 PM

BB’s surprise visit to money changers cuts dollar price

Ten inspection teams of Bangladesh Bank today went for surprise visits to different money changers’ shops in Dhaka city to investigate whether they are hoarding US dollar to intentionally hike the rate of the greenback against the taka.
27 July 2022, 13:20 PM

‘Bangladesh should invest in Kenya to get access to African nations’

Moi Lemoshia, director general for bilateral and political affairs of the Kenyan government, made the call as the leader of a 10-member Kenyan delegation in a meeting with the officials of Dhaka Chamber of Commerce and Industry (DCCI).
26 July 2022, 10:50 AM

US dollar strengthens further against taka

The central bank today depreciated the value of the taka by Tk 0.25 as the demand for the US dollar shows no sign of slowing down, said an official of the Bangladesh Bank.
25 July 2022, 17:07 PM

Exodus of Ukrainian workers hits Europe's emerging economies

Construction sites, factory assembly lines and warehouses across central Europe are scrambling to fill vacancies after tens of thousands of Ukrainian men left their blue-collar jobs to return home after Russia invaded their country.
25 July 2022, 14:10 PM

Wheat prices rise as missile strike threatens Ukraine export pact

Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will be possible to implement last week's agreement to open a corridor for grain exports from the war-torn country.
25 July 2022, 13:53 PM

IMF enquires about Bangladesh’s preparation for LDC graduation

A delegation of the International Monetary Fund (IMF) wanted to know how prepared Bangladesh is for the country’s graduation to a developing nation in 2026.
17 July 2022, 11:47 AM

Ukraine war must end for global good: ICCB

The developed nations are experiencing record inflation in decades and taking tough steps to control spending, which will dampen consumer demand -- a concern for Bangladesh that depends on exports to these countries, said the International Chamber of Commerce-Bangladesh (ICCB).
7 July 2022, 11:33 AM

BGMEA targets $100 billion garment export by 2030

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) targets exporting $100 billion worth garment items from the country by 2030 as the local apparel suppliers are diversifying the products and markets.
5 July 2022, 10:25 AM

Which countries are biggest fans of Bangladeshi mangoes?

Bangladeshi mangoes with its flavour and taste are winning hearts in many foreign lands.
2 July 2022, 14:53 PM

When Ctg port goes the extra mile to save Tk 800 crore export cargoes

The Chittagong Port Authority (CPA) has recently saved a severely damaged oceangoing ship, victim of an accident mid sea, which could have caused loss of export cargoes worth Tk 800 crore and block the whole channel for future navigation.
28 June 2022, 03:00 AM

Inflation might last for two years: World Bank chief

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.
27 June 2022, 11:59 AM

Millers cut edible oil prices by up to Tk 6

The Bangladesh Vegetable Oil Refiners’ and Vanaspati Manufacturers’ Association has set the highest retail price of each litre of loose oil at Tk 180, down from Tk 185.
26 June 2022, 12:09 PM