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BIDA converts over 15% of investment pipeline into active projects
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MasterCard prepaid card launched for RMG wage payment
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and MasterCard today launched co-branded credit cards for the BGMEA members and prepaid cards for more than 4.5 million garment workers.
12 November 2022, 15:20 PM
Start negotiation for Japan, Bangladesh FTA soon: envoy
The negotiation between Bangladesh and Japan for signing a free trade agreement (FTA) or an economic partnership agreement (EPA) should start as soon as possible, Japanese Ambassador ITO Naoki said today.
10 November 2022, 14:50 PM
52,500 tonnes Ukrainian wheat reach Ctg port
Around 52,500 tonnes of wheat reached the outer anchorage of Chattogram Port through a cargo ship called Magnum Fortune on November 9.
10 November 2022, 14:40 PM
Govt to buy 12,500 tonnes sugar from Brazil through JMI Export
Bangladesh firm JMI Export Import Company Ltd has won a government contract to import 12,500 tonnes of sugar worth Tk 65.98 crore from Brazil and supply it to the Trading Corporation of Bangladesh.
10 November 2022, 11:48 AM
LIVE UPDATE: ‘Complacency responsible for falling forex reserve’
"Complacency has brought us to the current forex reserve situation,” said Salehuddin Ahmed, former governor of the Bangladesh Bank.
7 November 2022, 07:00 AM
LIVE UPDATE: Come up with strategy now to stop depletion of forex reserves: Ahsan H Mansur
The government should come up with a clear strategy to stop fast depletion of the foreign currency reserves in a bid to save the country from a major crisis, said a noted economist today.
7 November 2022, 06:22 AM
FBCCI, USDA team up to share agricultural information
Bangladesh has barely tapped its potential in the global market for agricultural and agro-processed products as the country does not have an international certification system, according to Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
6 November 2022, 15:35 PM
Govt working to stop commodity market manipulators: Munshi
A section of unscrupulous traders has been trying to make the basic commodity market unstable by creating a syndicate when the international prices of essentials went up, Commerce Minister Tipu Munshi said today.
5 November 2022, 14:35 PM
Rainbow Paints launches spray paint for Tk 600 crore local market
RFL Group today launched Rainbow Spray Paint to grab a pie of the Tk 600 crore local market and cut the country’s import dependency for the product.
5 November 2022, 13:25 PM
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