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.
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.
'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).
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.
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.
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.
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.
'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).
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).
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.
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.
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.
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.
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.
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.