Archive / Economy - 2020
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Sectors recovering at varying paces: MCCIAlthough the country's monetary activities gained pace following the coronavirus containment steps came to a finish on May 30, it really is still remote from...Can Bangladesh turn into a knowledge economy?As we say goodbye to the terrible time of 2020 and enter not only a new year in 2021 but a fresh decade to 2030,...ADB approves 200 mln USD to boost usage of electricity in rural BangladeshThe Asian Development Bank (ADB) and the federal government of Bangladesh Tuesday signed agreements for 200 million U.S. us dollars in additional loans, including 130...India lifts ban on onion exportsIndia on Monday made a decision to lift up ban on onion exports from January 1, 2021 due to the price of that witnessed a...Trade deficit narrows even more in NovemberBangladesh’s trade deficit narrowed 30.77 % year-on-year to $4.7 billion in the primary five months of the fiscal year, because of the falling pattern of...Big blow for the big industryFor many, 2020 is a year of despair. The unprecedented effects of Covid-19 have jolted economies and offer chains world-wide with Bangladesh being no exception.As...Bangladesh economy to be 28th largest in 2030Bangladesh’s economy will be 28th major in 2030 and 25th most significant on 2035 , the UK's Centre for Economics and Business Research (CEBR) has...25th largest economy by 2035Bangladesh will become the 25th largest economy on earth by 2035, advancing from 41st place this season thanks to steady growth, a fresh report said.According...Bangladesh economy indomitable despite Covid shockBetween 2021 and 2025, Bangladesh’s gross annual charge of GDP development will accelerate to typically 6.8%, forecasts the Centre for Economics and Organization Research (Cebr)...Unsustainable LPG industry growth worryingTHE use of liquefied petroleum gas to address the situation of depleting natural gas reserve and the unavailability of firewood was a welcome approach, but...The economy could have caved within pandemic gust. Migrant staff propped it upThe global coronavirus pandemic brought a major blow to the country’s economy and businesses together with people’s livelihood in 2020 nonetheless it was a year...Govt urged never to denationalise state-owned sugar millsLeaders and activists of Sramik Karmachari Oikya Parishad on Saturday called on the federal government to avoid denationalisation of the state-owned sugar mills and reopen...Cement makers plead for mortgage loan moratorium until June next yearIf extended, the sector, in addition to the economy, could strongly recover from the pandemic's fallout, said the letter dated December 22 from BCMA to...Bangladesh: Turkey’s key partner in Asia Anew initiativeThe deep-rooted relations between Turkey and Bangladesh day back again to the 13th century, as incumbent Bangladeshi Primary Minister Sheikh Hasina described in a speech...Bangladesh urges India to lift up restrictions on seed importBangladesh yesterday demanded the withdrawal of a good bar on seed imports from India to boost bilateral cooperation in the agricultural sector.Agro mechanisation, improving the...Remittance resurgence zero cure for sickly emerging economiesLarger-than-likely money transfers from migrants overseas possess provided a tonic for many sickly economies during the coronavirus crisis, however the outlook for such flows remains...India assures Bangladesh for barrier-free tradeMinister of Railways, Commerce & Industry, Client Affairs and Food & Public Distribution Piyush Goyal assured Bangladesh complete cooperation from India's side found in ensuring...Female participation in non-agri sector: Bangladesh better away than India, PakistanAmong the three countries with a comparatively big overall economy and inhabitants in South Asia, a higher number of ladies is participating in non-agriculture jobs...India assures Bangladesh cooperation in ensuring barrier-free tradeIndia on Tuesday assured Bangladesh of complete cooperation found in ensuring barrier-free of charge trade between the two countries and said that together both countries...Looting causes loss in Bangladesh jute, sugar industries: academicsAcademics and rights activists on Monday said that the state-owned jute and sugar industries faced losses and ruin because they fell in grip of plunderers...Vaccine rollout cheers up stock investorsThe start of the Covid-19 vaccine rollout in the UK and the US cheered institutional investors all over the world, allowing global stock markets to...Bangladesh-Nepal PTA unlikely by end of DecemberThe first Bangladesh-Nepal preferential trade agreement (PTA), which is slated to be signed by the end of December, but Nepali officials are doubtful about the...Government should get started inclusive negotiations for retaining trade benefits: expertsExperts and policymakers on Sunday suggested that the federal government should commence intensive negotiations with Europe and other countries, including the UK, Canada, China and...India looking to export hydropower to BangladeshIndia today said it is seeking to export surplus hydropower from its northeastern states to Bangladesh and Myanmar.Virtually addressing a gathering where chief ministers of...Financial inclusion of smaller businesses: Uttaron SME card launchedUttaron SME card has been launched to help ease the tiny businesses and startups’ usage of mainstream investment and finance.The service was launched at the...Momen: Bangladesh to see more investments, jobs through positive brandingForeign Minister Dr. AK Abdul Momen on Saturday said foreign investment flow increase significantly in the united states contributing to job creations through government efforts...ADB approves grant to improve Bangladesh’s organization competitiveness, intraregional tradeThe Asian Development Bank (ADB) has approved $0.5 million grant assistance for marketing business competitiveness and intraregional trade of Bangladesh.The assistance is additional to a...Not only clothes, Bangladesh now really wants to export everything from electronics to juteBangladesh, the world’s second-largest apparel exporter, is accelerating work to diversify it has the exports from one principal merchandise as it seeks to preserve it...Pandemic may result in corporate, household debt defaultsPandemic may result in corporate, household debt defaultsThe monetary crisis stemming from the fallouts of the coronavirus pandemic is likely to trigger a series of...Women garment staff on the declineFast automation, wage hikes and complex production process on the garment sector and marriages have narrowed the feminine workers' participation in the apparel industry on...Is there an alternative solution to fast fashion?At the moment, the RMG industry on Bangladesh employs around four million people, a large most them women with dependent families. Through the coronavirus pandemic...Bangladesh an inspiration to South Asian peersBangladesh's incredible economic rise over time has turned into a way to obtain inspiration for other south Asian nations seeing as the country has already...City of London plans 'back to do the job' week in April to motivate staff to return to officesThe City of London is planning for a ‘back to work’ week in April to regenerate the financial district following the Square Mile was almost...Bangladesh banks on preferential trade terms to improve export earningsWhile an FTA stipulates free trade between countries, a PTA is a lot less broad, covering preferential tariffs for a couple of products or services.Bangladesh,...'Bangladesh, India can collaborate to compete globally found in textile sector'During the last ten fiscal years, local cotton production had remarkably increased from 70,000 to 177,887 balesExpress Minister for Foreign Affairs M Shahriar Alam on...Bangladesh pins hopes in various trade deals just after LDC graduationThe government is reviewing its various trade agreements with 44 countries to find out the options of signing PTAs with themAs being Bangladesh waits for...Move away from growth delusionDevelopment strategies ought to be redefined leaving growth-centric delusion to job creation, training and quality health insurance and education to make real progress, said the...Global Garment Industry Suffers from Coronavirus PandemicSince the start of coronavirus pandemic, national and global economies have already been struggling across practically all sectors. COVID-19 is a serious detriment to the...HSBC launches 2nd edition of business excellence awardsHSBC has launched the second edition of "HSBC Organization Excellence Awards" to discover and honour businesses and business owners from Bangladesh because of their contribution...Bangladesh needs MSME legislation rather than SME policyThere are every reason to devote public resources to strengthen (Micro, Small and Medium Enterprises) MSMEs in any nation. The MSMEs generate almost all of...Motorola mulling manufacturing found in BangladeshAfter a gap of a decade, last month Motorola built its re-entry to the crowded Bangladeshi handset marketMotorola, the American handset maker which used to...Fast-developing Bangladesh attracts Turkish entrepreneursTurkish Ambassador to Bangladesh Mustafa Osman Turan has stated his country eye an increased investment on Bangladesh with a substantial jump on bilateral trade volume...Multilateral lenders come to the rescue of tiny enterprisesMultilateral lenders are joining with the federal government to boost financing for micro entrepreneurs to be able to rejuvenate the thousands of pandemic-hit micro and...Maize grains could possibly be among the export itemsMAIZE, after having been introduced to Bangladesh found in the 1970s, crawled in advance gradually to seize lands showing a noticeable trend since 2003. Due...Cement export revenue falls during 5MFY20-21 in BangladeshBangladesh's cement sector has earned export earnings of US$2.82m found in the five-month amount of July-November 2020 (5MFY20-21), compared to US$4.08m found in the year-ago...Citizens Lender gets the ultimate nod from Bangladesh BankThe board awarded the licence to the proposed bank as its sponsors fulfilled all regulatory requirementsThe Bangladesh Lender on Mon gave its final approval to...Maize grains could be one of Bangladesh’s export itemsMaize after having been incepted during 1970 found in Bangladesh crawled ahead slowly but surely to grab lands showing a good noticeable trend since 2003....BPC plans to build an innovative LPG terminal at MatarbariState-possessed Bangladesh Petroleum Corporation (BPC) possesses decided to set up a devoted liquefied petroleum gas (LPG) terminal at Matarbari deep sea port to be able...Achievements from stimulus packages are good: MannanThe Bangladesh Bank and the finance division must oversee if the banks were diligent about disbursing the funds when asked about some targets not acquiring...Trade dialogue with the UK the following monthThis comes after the UK government last month announced that goods from Bangladesh would continue steadily to enjoy duty-free usage of the UKBangladesh is place...Bangladesh’s coastal communities deserve advantages from the blue economy: People’s TribunalExploitation of Bangladesh’s marine assets may result in lack of bio-diversity and exclusion of coastal communities unless problems of privileges and environment are actually addressed,...Remittance of over 10 billion dollars in 5 monthsIn October this season, over 2.11 billion dollars ( 211 crore 2 lakh 40 thousand dollars) was delivered to the united states as remittance. In...Trade deficit narrows in stuttering economic recoveryThe deficit fell by $2.49 billion to $3.23 billion through the July-October periodBangladesh’s trade deficit narrowed 43.5 % year-on-year to $3.2 billion in the first...Saudi Arabia seeks bandwidth from BangladeshHandles Bhutan, Nepal to export surplus bandwidth also on the cardsSaudi Arabia and Bhutan have expressed an enthusiastic interest in purchasing bandwidth from Bangladesh, Content...Bhutan orange exports are receiving more expensiveThe Bhutanese orange export season is here, but the greatest export point in the united states, Gelephu, is yet to ready the stockyard. In the...Winter set to see 40pc fall found in high sulphur fuel oil importsImport of high sulfur fuel oil, or HSFO, during winter is projected to fall by around 40 % because of less consumption found in the...How insecurity undermines SME growthIn faraway Bangladesh, Mohammed Yunus taught us how we can grant prosperity to our beleaguered nation.Bangladesh, a nation of 161.6 million persons who got independence...Bangladesh PM says good communication network keeps overall economy rollingPrime minister Sheikh Hasina on Sunday said that the wheels of country’s economy were even so in action as the Awami League government could build...Learn from Germany, concentrate on SMEs for monetary growthThe tiny and medium enterprises (SMEs) are highly recommended as the driver of the economy like Germany did because they add 22 % to the...Study: Contribution of SMEs to industrial employment has ended 80%Among the SME enterprises, over 84% SMEs are found in villages while a lot more than 80% are cottage industriesA lot more than 98% of...Pharma export to Asean industry likely to reach $1.2bn in 4 yearsSpeakers at a good webinar on Sunday said Bangladesh’s pharmaceutical export quantity to Asean market can are as long as $1.2 billion from today's $60...Bangladesh confounds the naysayers for all your right reasonsWilliam Pesek can be an award-winning Tokyo-based journalist and writer of "Japanization: What the World Can Study from Japan's Lost Decades."Among growing nations having "very...How Bangladesh can benefit from China’s economic recoveryAs the nation keeps its breath in anticipation of a potential second wave of Covid-19, five countries including Bangladesh have decided to strengthen sharing of...Denim Expert Small Earns Accolade from the Universe Economic ForumBangladesh-centered denim manufacturer and washing plant Denim Experienced Limited has been called a “Fresh Champion” by the World Economic Forum, the not-for-profit foundation that engages...NBR advises against deal in case Bangladesh has trade deficitThe earnings board has suggested refraining from signing any free trade or preferential trade agreements with the countries having enormous trade gap with Bangladesh.No cost...Trade between Bangladesh and Switzerland tripled found in a decadeBilateral trade between Bangladesh and Switzerland has tripled on a decade and the trend continues to grow as the two countries are exploring innovative means...UK PM outlines plan for green industrial revolutionBritish Primary Minister Boris Johnson has lay out an ambitious 10-point arrange for a green industrial revolution which will permit the UK to forge ahead...Record $1.2b remittance flows in 15 times of NovBangladesh earned an archive $1.2 billion in remittance in the first 15 days and nights in November, the finance ministry stated yesterday, despite grim forecasts...Why Bangladesh isn't portion of the mega trade pactFifteen Asia-Pacific economies signed what could end up being the world's major free trade agreement on Sunday, covering practically a third of the global people...Bangladesh to get relaxed China guidelines for increasing exportsBangladesh is set to put forward some proposals including in search of leisure of Asia Pacific Trade Arrangement (APTA) guidelines of origin through the ensuing...Strengthening customs for enhanced tradeBangladesh features seen a significant upsurge in cross border transactions during the last decade -- triggering a great energized involvement by the customs authority. This...Eyeing blue overall economy, PM Hasina says Coast Guard will become strengthenedSheikh Hasina said Bangladesh includes a great ocean border which can be utilized for the economic development of the united statesPrime Minister Sheikh Hasina has...Bangladesh on the right track to becoming a $6b pharma industry by 2025The pharmaceutical market of Bangladesh is likely to surpass $6 billion by 2025 with a complete growth of 114 percent from its 2019 levels, according...Bangladesh’s expectations from the Biden governmentAs the globe awaits US President-elect Joe Biden's formal inauguration in January 2021, discussions on the implications of his domestic and international policies are mounting....Covid-19 And The Economy: Where in relation to recovery are we?The year 2020 is a disappointment due to the Covid-19 pandemic. And one among its many downsides is seen on the global economy which, in...Govt looks to ramp up API production for burgeoning pharma sectorBangladesh, a laggard in the production of recyclables for the $3 billion pharmaceuticals industry, has made a four-fold jump in the manufacturing of active pharmaceutical...Bangladesh overlooks RCEP despite the threat of competitionBangladesh has not proven any interest in joining the world's greatest trade deal, Regional Comprehensive Economic Partnership (RCEP) generally to safeguard its revenue generation from...Double whammy for apparel exporters for the second wave, lessen priceThe garment sector fared well in the first quarter of the existing fiscal year because of the reopening of western shops after a pause for...SMEs urgently need affordable financial assistanceBangladesh’s small and medium enterprises (SMEs) are in dire straight as to how exactly to sustain after an enormous drop in production and sales because...Revamp efforts to secure market access, seek more American investmentAny major trade benefit on the export of goods bound for the US from Bangladesh with the changeover in power is unlikely as Washington rarely...Second wave could inflict bigger harm to economyThe next wave of Covid-19 will derail Bangladesh's feeble monetary recovery, deal an enormous blow to the indegent and low-income groups, reduce fiscal space and...Bangladesh, US Trade Ties under Biden AdministrationThe United States happens to be Bangladesh’s 46th major trading partner that was worth $9.0 billion in 2019. Imports from Bangladesh stood at 2.3 billion...Govt mulls health documentation body to improve exportsThe federal government is mulling establishing a single health recognition authority to boost exports of agricultural and processed food items by meeting the recognition requirements...Bangladesh among nations at bottom in greenfield FDI indexBangladesh has been ranked the 3rd worst-performing country on earth in conditions of attracting green-field foreign direct investment (FDI), according to a worldwide ranking."Greenfield" investment...India’s new customs rules to take toll on Bangladesh’s exportsA fresh rule framed by India on deciding the country of origin of something will hurt Bangladesh's exports to India and undermine the efforts to...Formulate well-coordinated roadmap to face Covid crisis: PM to world leadersPrime Minister Sheikh Hasina on Friday urged world leaders to formulate a well-coordinated roadmap to face the crisis due to the Covid-19 pandemic."The Covid-19 pandemic...Circular economy is here now to stay, so embrace it!In the past 12 months, we have seen overwhelming commitments created by the global apparel industry towards circular economy and making fashion circular. We all...Brac Bank receives Global SME Finance AwardsBrac Bank has received a worldwide SME Finance Awards in the silver group of SME Bank of the Year - Asia.This can be the second...Nigeria trade relations with Bangladesh top $145m in 2020By Victoria Ojeme Nigeria’s trade relation with the Republic of Bangladesh this season is nearly $145 million, a modest rise from $11.27 million this past...US keen to greatly help Bangladesh diversify its private sector'I can let you know that from the government perspective, among the things that we’re looking at to help Bangladesh with, is how Bangladesh can...ADB felicitates City Bank as 'leading part bank in Bangladesh'The award was presented in a virtual ceremony on October, said a news release.Over 200 partner bank representatives attended the ceremony where 25 banks were...Formally approached embassy for rail, road links between Bangladesh-China via Myanmar: Shahriar AlamBangladeshi State Minister for Foreign Affairs Shahriar Alam said that he looks forward to establishing direct road and rail links with China via Myanmar, according...HSBC executes 1st cross-border blockchain LC in BangladeshThe LC processing time was reduced from the standard 5-10 days to under 24 hoursThis was the to begin such a transaction executed from Bangladesh,...Bangladesh, Nigeria want to explore trade and investment potential There has been a phenomenal rise in bilateral trade recently from $11.27 million (FY 2018-19) to US$ 144.75 million (FY 2019-20) - over 1200% growth...Gas-starved Bangladesh, one of the fastest-growing LNG markets in AsiaICIS is expanding its LNG demand forecast to rising markets in South Asia and the center East. The most recent addition is Bangladesh.A new-comer to...World Bank, BRAC Join Hands to boost Road Safety in BangladeshThe World Bank and BRAC signed a Memorandum of Understanding to collaborate to boost road safety in Bangladesh, and at an online event today, the...Getting the top out of a changing rural economyRural Bangladesh is changing. This transformation has been happening alternatively fast over the last two decades. Rural actions happen to be changing and the types...Bangladesh garment employees pray for orders as pandemic shreds exportsBangladesh garment factory owner Shahidullah Azim laid off 20% of his workers in the wake of the first wave of the coronavirus pandemic. Now watching...Big borrowers gain, SMEs still in painThese were the hardest hit when the coronavirus pandemic struck the country in March, but the implementation of the stimulus packages the federal government unveiled...Rajshahi to have a river port to improve trade with IndiaThe distance of the route is merely 18 kilometers and hope to transport 200 to 300 a lot of goods in each cargoA river port...Goods trade data hints at recovery, albeit at soft paceIndia’s goods exports in September were up 6% from this past year to $27.6 billion. Growth in exports was seen after half a year of...The never-ending debate over GDP growthThe debate over Bangladesh's GDP growth forecasts is back again. There is wide variation in the projections made by the multilateral development agencies for the...BSRM Steel to create Tk 700cr plantBSRM Steel has made a decision to set up a Tk 700 crore plant to improve the total annual MS rod production capacity by another...Worth savoring, not really a flukeBangladesh surpassing India in per capita GDP in 2020 as forecast by the International Monetary Fund is not a fluke and is quite a reflection...Bangladesh to roll out its first car next year, says industries ministerBangladesh to roll out its first car next year, says industries ministerDhaka will roll out it's first 'Made in Bangladesh' cars next year, Industries Minister...German company scores $9m solar pump order in BangladeshGerman supplier Raach Solar and a Bangladeshi partner have secured two tenders worth a complete $9 million to set up 705 solar-powered irrigation pumps in...'LDC graduation a chance for Bangladesh'However, the business people and economists, who participated in the webinar, needed signing FTA and appoint negotiator to wthhold the trade facilities following the graduation"Graduating...Covid-19, job cuts and misery for Bangladesh's garment workersTwelve years back, Maloti Mondol left her village in Chuknagar in Bangladesh's Jessore district with her husband and three children to escape poverty.The family settled...World Bank sees recovery for Bangladesh's economy in fiscal 2021-22Bangladesh's real GDP (gross domestic product) growth is projected to recuperate to 3.4 percent in fiscal 2021-22 (July 2021-June 2022), supported by a rebound in...Indonesia keen to finalize preferential trade agreement with BangladeshIndonesia has shown its keen interest to finalize the preferential trade agreement with Bangladesh, with an aim to boost bilateral trade between your two countries."The...US rush to Bangladesh revs up economic race with ChinaThe U.S. has ratcheted up financial diplomacy with Bangladesh, holding its first high-level dialogue practically and signing an open sky agreement in Dhaka as part...Apparel leads export revivalEarnings from merchandise exports grew by 3.53 % year-on-year to attain $3.01 billion in September because of a growing number of orders for garment items,...Indonesia initiates safeguard probe of RMG importIndonesia has initiated a safeguard investigation regarding its import of apparel products that may negatively affect Bangladesh’s export of the merchandise to the Southeast Asian...Korea-Bangladesh ties in the face of Covid-19 and LDC graduationEvery year on another of October, the Republic of Korea celebrates its National Foundation Day, Gaecheonjeol, which marks the founding of the oldest dynasty in...EU trade benefits may continue even after LDC graduationBangladesh may continue steadily to enjoy duty-free trade benefits in europe for a few more years even after its graduation from the group of least...Alternative loan release process necessary for small-scale businessesExperts and businesses on Wednesday recommended that the government adopt an alternative stimulus package disbursement process for cottage, micro and small enterprises to increase the...Salman: Economic diplomacy to keep with major global playersBangladesh, US hold first ever high-level monetary partnership consultationPrime Minister's Adviser for Private Industry and Investment Salman F Rahman on Wednesday said Bangladesh would continue...UK businesses finding more prospects for trade, investment in Bangladesh: envoyUK companies are finding more prospects for trade and investment in Bangladesh that's progressing coming to becoming a middle-income country within the next year or...Bangladesh signs handle Nigeria to improve economic, political relationshipBangladesh and Nigeria today signed a deal to determine bilateral consultations between your foreign ministries of both countries to improve their financial and political relationship.Bangladesh's...US-Bangladesh Economic Growth meeting on WednesdayA senior US embassy official said the meeting won't replace the TicfaWith a view to further deepen economic ties; the US-Bangladesh Economic Growth Meeting is...Surgical equipment makers in South Asia search for opportunities in COVID-19 marketConfronted with lockdowns and massive disruptions to supply chains, distributors and manufacturers of surgical equipment in countries across South Asia like Pakistan, Indian, Bangladesh and...Narrowing trade deficit not wholly goodTrade deficit narrowed heavily in the first 8 weeks of the fiscal year in the wake of falling imports as a result of the ongoing...US-Bangla officials to talk investment, trade tomorrowBecause of its strong consumer base, Bangladesh is known as a significant investment and trading destination for most US companies, a few of which are...Indian onion trucks waiting to enter Bangladesh turn back from HiliIndian traders have called back more than 100 onion trucks parked on their side of the border for nine days, as the country's government did...Ushio launches world's 1st UV lamp that may safely kill coronavirusMajor Japanese mild equipment maker Ushio Inc has recently launched an ultraviolet lamp that can kill the coronavirus without harming human health -- the to...Turkey to the rescue amid onion shortage in BangladeshTurkey has wanted to export 15,000 a great deal of onions to Bangladesh amid a cost hike because of an export ban by India.“Turkey has...India sends air travel bubble proposal to BangladeshFive Indian airlines will carry 17,120 passengers weekly from Dhaka and Chittagong to different Indian citiesIndia's Ministry of External Affairs (MEA) has proposed the procedure...Partnerships will drive the economyBangladesh must continue being pro-active and strategize so as to drive its economy through novel situationsThe news that the UK Export Finance (UKEF) has a...BGCCI wants deeper ties with Germany; trade fair plannedBangladesh-German Chamber of Commerce and Industry (BGCCI) Omar Sadat has said a BGCCI business delegation will visit Germany early next year and plans are afoot ...UK to aid Bangladesh economy‘This will boost trade partnerships between your two countries and help unleash Bangladesh’s growth potential’In a bid to boost trade partnership, the united kingdom Export...Economic recovery from Covid-19: Bangladesh seeks more funds from ADBBangladesh is committed to working together with ADB to tackle challenges of Covid-19, Fatima said Bangladesh has requested the Asian Development (ADB) to improve concessional resources...Bangladesh set to get onions from IndiaBangladesh will receive a large consignment of onions out of this weekend after India made a decision to make an exception for Dhaka in the...Kolar tomatoes find good domestic, global marketTomato growers in Kolar are happy - their crop has found an excellent market not simply in neighbouring states but also over the border in...Bangladesh economy shows early signs of pandemic recoveryA rebound in garment orders after demand crashed during spring shutdowns is assisting to revive the Bangladesh economy.Apparel makers, the country’s main export industry, say...UK to support Bangladesh economy‘This will boost trade partnerships between the two countries and help unleash Bangladesh’s growth potential’In a bid to boost trade partnership, the UK Export Finance...Bangladesh economy shows early signs of recovery: ADBBangladesh's gross domestic merchandise (GDP) is expected to grow by 6.8 percent in fiscal year (FY) 2021, in line with the most up-to-date Asian Development...SME sector needs insurance policy support to create additional employment: expertsThe country's small and moderate enterprises (SMEs) sector needs policy support from the federal government to create more employment and so boost its contribution to...India takes methods to permit at least 1,000 trucks to carry onion to BangladeshThe officials of the Indian exterior affairs ministry possess begun talks with the commerce ministry officials on the problem of allowing at least 1,000 trucks...Onion Prices spike in Bangladesh after india bans exportsOnion prices in Bangladesh jumped by more than 50% on Tuesday, carrying out a ban on exports by greatest supplier India following its crop was...Bangladesh economy shows early signs of recovery, GDP to grow at 6.8% for FY 2021: ADBThe Bangladesh economy is showing early signs of recovery with Gross Domestic Product (GDP) likely to grow at 6.8 percent in the fiscal year 2021.Inflation...Bangladesh far behind in milk consumptionBangladesh continues to be far behind the milk consumption when compared to global consumption, posing serious health risk creating huge nutrition crisis. Experts have underscored...Dual role of drug makers: taking a stand for humanity, conducting businessBangladesh's pharmaceuticals sector is managing never to only play its supportive role amidst the ongoing Covid-19 pandemic but also maintain business growth, all as a...India bans onions exportIndia yesterday banned export of onions with immediate effect, a move probably to make a crisis in the markets of Bangladesh.The Indian Directorate General of...Exporters pin big hopes on BhutanBangladesh's exports to Bhutan would get a huge boost after the two sides sign the proposed preferential trade agreement, said exporters and authorities yesterday.They say...Small can be beautiful in a post-Covid worldThe huge changes we are viewing in the global apparel industry at this time are bewildering and unsettling for many of us. A tsunami has...Experts: Bangladesh’s apparel market must embrace digitizationDiscussants remarked that the existing express of mass disruption in global apparel presents a chance for the country to bolster its position due to a...Bangladesh to export 1,475 tonnes of hilsa to India for Durga PujaThe government has decided to send 1,475 tonnes of hilsa fish to India as a gesture of goodwill on the occasion of Durga Puja, an...Flip sides of Bangladesh-India friendshipThe two neighbouring countries, Bangladesh and India, are bound together by multidimensional mutual interests. It all began through the darkest days, when Bangladesh was embroiled...SCS should be maintained as ocean of peace, stability, trade All get-togethers should ensure the liberty of navigation in and overflight above the South China Ocean, and must steer clear of provocative actions especially at...Import ban on used automobiles to leave the marketplace unevenThe government's intend to impose a ban on the import of reconditioned vehicles to market local manufacturing and assembling will generate an imbalance in the...