Unit prices of Bangladesh’s RMG exports to the EU fell in 2024

Bangladesh shipped $19.77 billion worth of apparel to the European Union last year
26 February 2025, 10:34 AM

Bangladesh and Pakistan resume direct trade after more than 50 years

The deal follows an improvement in diplomatic relations since an interim government in Bangladesh led by Nobel laureate Muhammad Yunus taking over in the wake of the protests that drove then-Prime Minister Sheikh Hasina out of the country.
25 February 2025, 05:58 AM

Asian markets sink as Trump tariffs, China curbs stunt rally

The losses followed a broadly negative day in New York, where mighty tech giants have hit a wall since China's DeepSeek unveiled a chatbot that upended the AI industry and led traders to reassess their recent vast investments.
25 February 2025, 05:34 AM

Trump says Canada, Mexico tariffs moving 'forward' on schedule

Trump reiterated at his press conference with Macron that Washington is also seeking "reciprocity" with other countries.
25 February 2025, 03:59 AM

Chinese investor plans $3.82 million wig factory at Ishwardi EPZ

Bangladesh Haijindi Hair Products Co will produce 6.98 million pieces of hair wigs and hair-related products annually
24 February 2025, 14:33 PM

Most Asian markets track Wall St loss; Hong Kong extends gains

The euro started the week on the front foot after conservatives won a closely watched election in Germany, with leader Friedrich Merz urging the speedy formation of a new coalition government.
24 February 2025, 07:24 AM

Musk's Starlink races with Chinese rivals to dominate satellite internet

The billionaire's Starlink communications network is facing increasingly stiff challenges to its dominance of high-speed satellite internet, including from a Chinese state-backed rival and another service financed by Amazon.com  founder Jeff Bezos.
24 February 2025, 05:56 AM

Trump tariffs shake up China's factory heartland

The US president has targeted friend and foe alike since taking office a month ago, notably slapping additional 10 percent duties on products imported from China.
23 February 2025, 05:46 AM

Poultry sector poised for multi-billion dollar growth by 2050: experts

The 13th International Poultry Show ends with nearly 30,000 visitors
22 February 2025, 13:20 PM

Bangladeshi firms secure $34.5 million in orders

Discussions were held for an additional $29.1 million in potential exports
22 February 2025, 11:47 AM

Japan seeks Tesla investment in Nissan, Foxconn approaches Honda, reports say

The Japanese group behind the plans for Tesla to invest in Nissan hopes the Elon Musk-led company will become a strategic investor, believing it is keen to acquire Nissan's plants in the United States, according to the Financial Times.
22 February 2025, 06:21 AM

Tech, auto, medicines: who will pay Donald Trump's tariffs?

Trump has already slapped additional 10 percent tariffs on goods from China and has also threatened tariffs on Canada and Mexico, plus ordered a study into putting into place reciprocal tariffs.
22 February 2025, 06:15 AM

Trump orders tighter restrictions on Chinese investments in key sectors

The move comes at a time of growing trade tensions and strategic competition between the world's two biggest economies.
22 February 2025, 06:11 AM

NBR eases VAT for supermarket shoppers

No additional 7.5% trade VAT for shopping at supermarkets
20 February 2025, 15:11 PM

Textile millers urged to adopt solar energy

The Dhaka International Textile & Garment Machinery Exhibition (DTG) begins today
20 February 2025, 14:13 PM

Essential commodity imports surge ahead of Ramadan

Between October 2024 and January 2025, imports of sugar, soybean oil, lentils, chickpeas post double-digit growths
20 February 2025, 13:47 PM

Trump says trade deal with China 'possible' 

Beijing's foreign ministry said Thursday that China and the US "should resolve their concerns through dialogue and consultation based on equality and mutual respect."
20 February 2025, 08:10 AM

US Fed officials worried Trump policies could hinder inflation fight: minutes

The US president has threatened to impose sweeping tariffs on some of America's largest trading partners, accusing them of unfair trade practices and of failing to do enough to tackle drug traffickers.
20 February 2025, 05:25 AM

EU trade chief says bloc will respond swiftly to US tariffs

Sefcovic said the EU sees "no justification for sudden, unilateral tariff increases" by the United States, adding that businesses rely on economic stability and predictability.
20 February 2025, 05:20 AM