Newly-appointed Chinese Ambassador Yao Wen says in meeting with Planning Minister MA Mannan

Bangladesh was the second largest participant of the trade show after India among the South Asian nations

Imports through Chattogram port fell 2.5 per cent year-on-year in the first six months of the current fiscal as rising US dollar prices pushed up the overall costs involved, according to traders.

Bangladesh will start exporting potatoes to Russia again this year as the world’s largest country lifted ban on the entry of tubers from the south Asian nation last year, Agriculture Minster Muhammad Abdur Razzaque said today.

The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.

The quantity of Ramadan essential commodities to be imported through letters of credit (LCs) increased in January, which will help keep the commodity market stable, Bangladesh Bank said today.

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.

Bangladesh ships apparel items to the Middle Eastern countries and the good thing is local garments are steadily gaining popularity in the Middle eastern countries.

Bangladesh’s gross foreign exchange is likely to stand at $30 billion at the end of 2022-23 fiscal year, lowest in four years, according to the International Monetary Fund (IMF).

The 27th edition of the Dhaka International Trade Fair (DITF) came to an end today and it fetched export orders worth Tk 300 crore.

Import-export activities at all customs stations across Bangladesh, including Chattogram port, were suspended for about seven hours yesterday as clearing and forwarding (C&F) agents observed a strike from 9:00am to 4:00pm to drive home their eight-point demand.

Clearing and Forwarding (C&F) agents withdrew their strike at all customs houses across the country, including Chattogram port, seven hours after it began.

Tea production in Bangladesh decreased by nearly 3 per cent year-on-year in 2022.

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.

The commerce ministry would continue its advocacy with other ministries to simplify the process of obtaining certificates and registration, including five-year trade licences, to ensure ease of doing business, Commerce Minister Tipu Munshi said today.

British retail giant Primark’s CEO Paul Marchant has praised the development Bangladesh’s garment sector has achieved in production of apparels in green factories.

The garment makers have urged the government to increase gas price in phases because it is tough to tolerate a sudden big hike amid the existing volatile domestic and global economic situation.

Leading garment exporter Zaber & Zubair Fabrics Ltd organised an international fabric expo for global apparel buyers at its Gulshan marketing office in Dhaka.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged British retailer Primark for sourcing more value-added garment items from Bangladesh.

Around 42 trucks carrying 1,250 tonnes of sugar from India have remained stuck at Benapole port for the past 28 days as the local customs authorities allegedly imposed a higher tariff than that stipulated by the government.