1w ago| Economy

Foreign shipping lines facing difficulties remitting funds

Bangladesh’s trade with other countries may suffer as foreign shipping lines are facing difficulties in remitting foreign currencies from the country because of a dollar crisis, speakers said yesterday. 

2w ago| Business

Deferral support for industrial raw material import extended

Bangladesh Bank today extended the deferral support for another six months to settle the import orders of industrial raw materials, agricultural equipment and chemical fertilisers.

2w ago| Business

'Bangladesh failing to utilise export potential for poor logistics support'

Bangladesh is failing to take full advantage of its export potential because of insufficient logistics infrastructure, said Nihad Kabir, chairperson of the Business Initiative Leading Development (BUILD).

3w ago| Business

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.

4w ago| Business

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.

‘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.

November 20, 2022
November 20, 2022

Foreign shipping lines facing difficulties remitting funds

Bangladesh’s trade with other countries may suffer as foreign shipping lines are facing difficulties in remitting foreign currencies from the country because of a dollar crisis, speakers said yesterday. 

November 16, 2022
November 16, 2022

Deferral support for industrial raw material import extended

Bangladesh Bank today extended the deferral support for another six months to settle the import orders of industrial raw materials, agricultural equipment and chemical fertilisers.

November 16, 2022
November 16, 2022

'Bangladesh failing to utilise export potential for poor logistics support'

Bangladesh is failing to take full advantage of its export potential because of insufficient logistics infrastructure, said Nihad Kabir, chairperson of the Business Initiative Leading Development (BUILD).

November 14, 2022
November 14, 2022

Bangladeshi RMG getting popular in Middle East: BGMEA

The Middle Eastern countries are going to be major garment export destinations for Bangladesh as the local apparel manufacturers are now receiving a lot of queries from the buyers of the region, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

November 14, 2022
November 14, 2022

Bangladesh Bank finds cases of trade misinvoicing

Bangladesh Bank today said cases of under and over-invoicing of imported and exported items came to its notice during specials audit.

November 10, 2022
November 10, 2022

Solve dollar crisis fast for sake of garment sector: BGMEA

The apparel industry and other major export sectors of Bangladesh are being left with unsold products due to reduced buying orders from abroad, according to various businesspeople.

November 10, 2022
November 10, 2022

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.

November 10, 2022
November 10, 2022

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.

November 10, 2022
November 10, 2022

Money changers barred from keeping over Tk 50 lakh a day

The Bangladesh Bank today said no money changer in the country will be allowed to keep over Tk 50 lakh in their vault a day.

November 10, 2022
November 10, 2022

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.