Archive / Economy - 2020
-
HSBC extends support to beleaguered garment sectorHSBC Bangladesh yesterday announced a couple of measures to greatly help its textile and garments customers tide over the monetary fallout from the coronavirus pandemic.The...Trade thru area ports comes to a haltBangladesh's trade with India through almost all of the terrain ports has come to a halt since Monday due to the neighbour went right into...BGMEA urges Germany to inspire its buyers to receive shipmentThe Bangladesh Garment Manufacturers and Exporters Association has requested the German government to take initiative to ensure that its buyers would receive shipment of ready...Retailers Cancel $1.5B In Bangladesh Clothing Orders Amid CoronavirusWith the COVID-19 pandemic impacting demand, European and American buyers have called off roughly $1.5 billion of Bangladesh clothing orders. Bangladesh Garment Manufacturers and Exporters...Saudi to keep support for Bangladesh, says envoyThe Saudi government will continue steadily to extend its support to accelerate the socioeconomic development of Bangladesh alongside the Rohingya issue.Newly appointed Saudi Ambassador to...Stand by BD businessmen to tackle corona situation: FBCCI chief to ChinaPresident of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim on Sunday urged China to stand by Bangladeshi businessmen to...Order cancellation in RMG warns of tough times aheadBangladesh’s economy is bracing for a serious impact as the country’s lifeline-the RMG sector-is now facing threats from both buyers' and suppliers’ ends, because of...World bank approves $170M Bangladesh sanitation projectThe World Bank approved $170 million to boost sanitation services here that may benefit 1.5 million residents.The Dhaka Sanitation Improvement Project can help improve the...RMG export order cancellation, suspension race close to $1.5bThe worthiness of RMG export orders cancelled or placed on hold by global buyers as a result of worldwide coronavirus outbreak neared $1.5 billion till...Bangladesh on the right track to becoming a digital economyAmerican tech huge Cisco Devices has doubled its headcount and office space in Bangladesh and opened up a depot for extra parts since it looks...Bangladesh to get more trade benefits from China as an LDCBangladesh really wants to secure extra trade advantages from China as a good least developed country (LDC) rather than signing a free trade arrangement with...RMG industry faces existential threatWith new coronavirus spreading rapidly all over the world, Bangladesh's apparel industry is counting the price of the outbreak owing to supply chain disruption, weakening...Trade war proves a boon for apparelBangladesh's apparel exports to the united states grew 16.09 per cent year-on-year to $637 million in January amid the US-China trade war.Aside from Bangladesh, four...Trade via Ctg port falls amid coronavirus falloutThe coronavirus pandemic that's sweeping the world has taken much toll on Bangladesh's foreign trade through Chattogram port.Import of bulk and containerised cargo fell 13.75...Coronavirus-hit countries: Expats lose jobs, face bleak futureBangladeshi expatriates in some European counties, especially in Italy, find themselves in a precarious situation amid the novel coronavirus outbreak, with most of them left...Coronaviurs pandemic signals troubles for RMG sectorBangladesh's RMG sector is now in threat from both buyers' and suppliers' end as a result of global coronaviurs situation. Initially, it was assumed that...Variety of leather products woo visitorsThe different types of leather items are produced in Bangladesh and the market of leather goods is merely vast.Industry insiders said the leather goods market...Trade Fair: Bangladesh wins Best Foreign Participant Award in NigeriaBangladesh High Commission in Abuja, Nigeria has received the very best Foreign Participant Award in the 41st Kaduna International Trade Fair.Kaduna Chamber of Commerce, Industry,...So what is the mystery of Bangladesh's achievements?The influential and popular magazine Economist brings out a special issue at the start of every year. This issue deals with the many possibilities of...Coronavirus: Upscale Dhaka resorts lose reservations, revenueMany upscale hotels in Dhaka are incurring a substantial amount of income loss as foreign visitors are cancelling their tours amid the ongoing coronavirus pandemic.Moreover,...IndianOil is currently sourcing LPG for North East from Bangladesh to save lots of transportation costIf you are in Tripura, it’s likely that there is a little of Bangladesh in your meal. Because, IndianOil (IOC) is currently sourcing LPG or...Bangladesh urged to avoid worker abuse in garment industryWorkers found in Bangladesh's garment industry deal with increased threats, intimidation and even physical and sexual misuse, according to a report for an influential U.S....Access to finance, corruption key issues for business growthMore than 24 % of the Bangladeshi companies identified access to finance as the most difficult problem they faced in 2019 while another 18 %...Bangladesh Denim Expo is normally postponedSo far Bangladesh has not been in the heart of the general public Corona attention, however now the organizers of Bangladesh Denim Expo react to...CEVA Logistics expands in BangladeshAs part of its strategic expansion in the emerging Southeast Asian markets, CEVA Logistics has opened its offices in Dhaka and Chittagong.The logistics firm has...Bearing the staples of international tradeEconomic focus on reduced trade barriers for a better balance of tradeEven beyond the health and societal concerns it creates, the adverse financial consequences of...Indo-Bangla river-borne trade to have a shot in the armThe cabinet yesterday approved the draft of the amendment to an existing agreement between Bangladesh and India on raising the number of ports of call...UN statement: Bangladesh’s gender wage gap lowest on the globeAs per the most recent statement of the UN, the gender wage gap found in Bangladesh is 2.2% against the world standard of 21.2%It appears...Coronavirus stands to clean $3b off Bangladesh economyBangladesh's gross domestic item may contract by as much as 1.1 % in the hypothetical worst-case situation of a substantial outbreak of coronavirus in the...Bangladesh RMG exporters demand inclusion of FCR as proof of exportReadymade garment exporters have requested the Bangladesh Bank to simply accept the ‘Forwarder Cargo Receipt’ as proof export for paying out cash incentives together with...ADB tasks losses for BangladeshThe impact of the coronavirus outbreak on the Bangladesh economy will be limited by 0.01 per cent of its gross household merchandise in a moderate...Quality, compliance factors raise Bangladesh exports to US: USTRThe top United States trade official for South and Central Asia said that Bangladeshi readymade garments in the United States had expanded their industry in...US govt sets away conditions to enhance trade, investment with BangladeshThe government on Thursday said it aims to expand trade and investment with Bangladesh, however the world's second-largest exporter of ready-manufactured garments must do more...We are in need of more research to build up the SME sectorThere is absolutely no denying the actual fact that to ensure that our small and medium enterprise (SME) sector to totally flourish, more research has...US for increasing collaboration among stakeholders in Bangladesh RMG sectorAMERICA has urged Bangladesh to increase collaboration with private and civil sector stakeholders in its readymade garment industry.THE UNITED STATES also noted its "concern at...No economy should count on one commodityBangladesh has been experiencing robust growth in global integration over modern times. The factors which have contributed to the include both domestic policy changes (in...Dhaka, Beijing to attain new climax in economic, trade cooperation: Envoy"Therefore, many major projects remain under regular construction without having to be suspended. We believe that China's large-scale production and procedure activities in Bangladesh won't...Bangladesh's key garments sector hits a wall with shortage of raw materialBangladesh’s apparel sector, the country’s top forex earner, has been hit by coronavirus-related supply chain disorder, with charges for raw materials soaring.As materials from China...Tipu for signing PTA with Nepal to boost tradeCommerce minister Tipu Munshi on Tuesday laid focus on the signing of a preferential trade agreement between Bangladesh and Nepal to improve trade and investment...Dhaka to get withdrawal of minimum import prices on its productsBangladesh will probably demand that Nepal withdraw the minimum amount import prices it features imposed on some Bangladeshi export goods.The country can make the demand...RMG in Bangladesh: Improvements in the horizonThe impact of the RMG industry on our countrywide economy has been mostly positive; at least on the surface. Implementation of relatively different technology like...Trade based money launderingFunds laundering and terrorist financing have become things of grave concern all over the world and with the developments found in technology and inadequate legal...Walton creates Bangladesh’s first lift manufacturing facilityLocal electronics giant Walton is defined to flag off the country's first lift manufacturing facility, in a display of Bangladesh's growing professional prowess.The plant established...Writ filed challenging BB directives on lending rateBarrister Syed Sayedul Haque Sumon, a Supreme Court lawyer, filed the writ on behalf of an apprentice legal professional Mahfuzur RahmanA writ petition was filed...Industrial economy of the Subcontinent in perspectiveMake in India is failing woefully to roar. Pakistan's professional economy is practically stagnant. And Bangladesh's export-oriented readymade garment (RMG), which dominates industrial economy, has...Asia's garment industry sees lay-offs, factories closing because of coronavirusTemporary factory closures and layoffs have already begun going to low wage personnel across Asia as quarantines and travel restrictions from the new coronavirus disrupt...Concerns grow over exports as coronavirus hits global economyA possible global economical slowdown as a result of the spread of coronavirus to a big number of countries, including Japan, Italy and america, has...Dhaka to raise preferential US market access issueIssues related to a review of bilateral trade and preferential market access would be high on the agenda from the Bangladesh side in the 5th...Power price hike to hid hard Bangladesh industries, exports: businessesCountry’s business leaders on Thursday expressed their dissatisfaction over the increase in the electricity price, saying that the tariff hike would adversely affect the country’s...BIMSTEC: Caught in the crossfire of politics of citizenshipEverybody knows that the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) can be an international organisation comprising of seven countries of...Bloomberg says he would de-escalate trade tensions with ChinaDemocratic presidential prospect Michael Bloomberg on Friday pledged to de-escalate U.S.-China trade tensions, make it easier for farmers to employ foreign laborers and increase federal...Policy reforms necessary for full financial inclusionPolicies and regulations for both banks and non-banks need to be improved to accelerate financial inclusion since it will lead to private sector investment in...Bangladesh-India export-import through Benapole remains haltedExport and import activities between Bangladesh and India through the Benapole land port remained suspended since Tuesday morning as Border Security Force did not allow...Economy feels the heat of coronavirusThe domestic economy has began to feel heat of coronavirus due to disrupted supply from China. Industries across China have halted businesses as a result...Economic diplomacy, governance essential to boost growthAbsence of vibrant monetary diplomacy and lack of ample research on markets and products are hindering the country's export potentials, President of American Chamber of...US sells first bulk scrap cargo to Pakistan since 2017A US west coast ferrous scrap exporter has sold the first deep-sea bulk cargo to Pakistan in a lot more than two years.Argus today confirmed...Dairy industry grows, still remote the markThe country's dairy industry is continuing to grow over the years but it is still far off the mark to meet up the existing demand...Govt forms seven committees to oversee development of SMEsThe Ministry of Industries (MoI) has formed seven separate committees to oversee the development activities of the country's small and medium enterprises (SMEs) sector.The committees...‘Exciting time for increasing already-strong US-Bangladesh trade and investment ties’The 27th edition of the three-day US Trade Show will start in the capital tomorrow with hopes of further deepening trade and investment ties between...Black cardamom investors ask government to facilitate exportsPeople mixed up in trade of dark cardamom have urged the government to hold talks with authorities of India and Bangladesh to facilitate the export...Bangladesh RMG timelineLow-cost labor resources, competitive prices and high-quality products have helped the industry be considered a major player in the global scene.The readymade garments industry has...China’s Fruit Import and Export Statistics for 2019 ReleasedRecently released data from the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products indicate that in 2019 China...Commonwealth investment council wants office in BangladeshThe Commonwealth Enterprise and Investment Council (CWEIC) aims to determine a hub office in Dhaka to help facilitate further engagements in trade and investment between...Textile industry cautions govt against losing ‘golden opportunity’While India’s textile industry is all set to capture $20 billion (Rs3,086 billion) market opportunity created by shutdown in China in the wake of coronavirus...Bangladesh Economy Outperforming India AND FAR Of AsiaAs U.S. President Donald Trump prepares for his historic visit to India next week, he could not know that neighboring Bangladesh - once derided as...Trade with China to be normal within 3 days: FBCCIPresident of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim on Saturday hoped that trade with China can be normal...Ganjar Pranowo Views Off Export of Double-decker BusesCentral Java Governor Ganjar Pranowo led a ceremonial event that marked the export of 10 double-decker buses produced by Karoseri Laksana to Bangladesh.The event occurred...Bangladesh for better trade, investment with TurkeyBangladeshi President Abdul Hamid referred to as Thursday for greater trade and investment with Turkey to explore the potentials of the two countries in various...Bangladesh can export vegetables, fish to Nepal: PM Hasina“In winter, Bangladesh can export vegetables and fish. I always advocate transit for Nepal through India,” she said when visiting Nepal foreign minister Pradeep Kumar...BGMEA seeks BB’s spl assistance scheme to handle China virus impactThe Bangladesh Garment Manufacturers and Exporters Association has requested the Bangladesh Bank to have a special assistance scheme for the country’s readymade garment sector to...Bangladesh, Japan to form Joint Working Group to boost trade, investmentCommerce Minister Tipu Munshi on Wednesday said a Japan-Bangladesh Joint Working Group will be formed to improve trade and investment.The minister made the remarks throughout...Bangladesh's Islamic finance market keeps boomingRecent news flash that Bangladesh’s central bank authorized the conversion of several more native banks to fully-fledged Islamic banks warrants taking a closer consider the...Moody’s sees minimal affect of China virus outbreak about Bangladesh growthGlobal rating agency Moody’s Investors Service on Tuesday reported that the impact of China’s economic slowdown because of the coronavirus outbreak in Bangladesh economic growth...Walton to export ‘Made found in Bangladesh’ tagged smartphones to USThe Bangladeshi electronics and ICT product producer giant Walton looks going to create another milestone in the country’s export sector through introducing the first-ever export...Bangladesh cashes in on China’s lost businessThe export of Chinese readymade garments to the market segments of the United States has significantly reduced as a result of trade war between your...Bangladesh's Islamic finance market keeps booming with no slowdown in sightRecent current information that Bangladesh's central bank accepted the conversion of two more native banks to fully-fledged Islamic banks warrants taking a closer consider the...B'desh more likely to drop Rohingya relocation planBangladesh features announced that it could drop its previous programs to go 100,000 Rohingya refugees to a remote island found in the Bay of Bengal."Our...Bangladesh-China trade, infra coop may be affected temporarily: envoyChinese ambassador in Dhaka Li Jiming in Monday said that trade relations and infrastructure cooperation between Bangladesh and China could possibly be influenced temporarily as...Bangladesh RMG exporters expect order shift from CambodiaThe country’s readymade garment exporters are expecting that the suspension of the European GSP facility to Cambodia would result in a rise in export orders...ADB Provides Further $170 Million for Capital Market Reforms in BangladeshThe Asian Development Bank (ADB) has approved another tranche loan of $170 million to conclude the 3rd Capital Market Development Program in Bangladesh.ADB approved this...Iowa soybean farmers build their brand during trade mission to Bangladesh, PakistanAsk any brand about the value of marketing, and they’ll promptly reply that understanding the needs and wants of the customer is the first &...A lot of alternatives to China for garlic, gingerBangladesh could import garlic from Malaysia and Egypt as an alternative to China, where in fact the outbreak of a lethal, pneumonia-like virus named coronavirus...‘Kotha is our Facebook, PayPal and WhatsApp’A homegrown mobile application with the mind-boggling capacity to send messages, make voice calls, order grocery and food, stream music and movies and purchase tickets...Service charge on export consignments likelyThe federal government is contemplating imposing service charge on export consignment beneath the European Union's (EU) Registered Exporter System (REX) aiming to wthhold the GSP...IFC launches web portal to monitor resource use in Bangladesh’s garments sectorIFC, an associate of the World Bank Group, is rolling out PaCT Portal, a web tool to help calculate resource consumption in the country’s readymade...U.S. soybean industry hopes to double exports to Pakistan, BangladeshAs the continuing future of trade with China remains uncertain, America's soybean industry has determined two countries with which it hopes to improve trade --...Chinese envoy sees no trade disruption with BangladeshChinese ambassador to Dhaka Li Jiming on Wednesday assured that Bangladeshi industries, especially textile and readymade garment, and the construction of mega projects in Bangladesh...Blue economy and marine spatial planningThe other day in Brussels, participants of the European Parliament met to examine the current state of Bangladesh’s significant ready-built garment (RMG) industry, now the...In Jeans Sourcing, the Mighty are Falling and the Upstarts are RisingThe balance of power in denim jeans manufacturing took a dramatic turn in 2019, resulting in a decline in volume and value for the top...University of Saskatchewan partners with BangladeshThe Global Institute for Food Security (GIFS) at the University of Saskatchewan (USask) and the Bangladesh Agricultural Research Council (BARC) of the Bangladesh Ministry of...SMEs need boost from formal banking channels, say speakersSpeakers at a seminar here have said an incredible number of small and medium enterprises (SMEs), cottage and micro sector businesses which have remained out...‘Bangladesh and Turkey have common understanding on major world issues and the future of the friendship is bright’How would you describe the existing bilateral relationship between Bangladesh and Turkey? How could it be further enhanced?Cultural, religious and historical ties between Turkey and...DP World’s investment bid in Bangladesh advancingDubai-based terminal operator DP World’s bid to foray in Bangladesh’s port and logistics sectors is making progress.The Public Private Partnership (PPP) Authority of Bangladesh has...Global growth continues to slow down: Implications for BangladeshSynchronised global slowdown as indicated in the World Economic Outlook published by the International Monetary Fund (IMF) in October last year, now appears to be...Brexit for BangladeshisAfter three prime ministers, two general elections, a number of historic defeats for the government and a political deadlock that seemed like it would never...Export-import with China not hampered up to now: MinisterCommerce minister Tipu Munshi has said there is no problem correct now when it comes to export-import activities between Bangladesh and China, including the import...Coronavirus outbreak: Khulna’s crab, eel trade losing Tk 4cr every dayThousands of farmers and traders in Khulna region are incurring losses worth Tk four crore every day as crab and eel exports to China have...Has Bangladesh made progress on the rights of garment workers?Bangladeshi garment industry owners pledged to uphold worker rights at a recent European Parliament forum in Brussels The panel discussed the improvements Bangladesh has made...Member of European Parliament praises Bangladesh economic processMEP Tomáš Zdechovský (KDU-ČSL), a member of the Southeast Asia Parliamentary Delegation praised the economic progress made by Bangladesh during a conference on the EU...Shahriar Alam discusses trade issues with member of European ParliamentState Minister for Foreign Affairs Shahriar Alam has requested the European policy-makers to ensure fair prices for apparel sourced from Bangladesh for incentivizing the ongoing...Stock investors shun the idea of due diligenceThe Dhaka Stock Exchange’s market capitalisation is now a respectable Tk 342,570 crore, so one would think a raft of stock market data analysis providers...Country backpedals on growth goalBangladesh backtracks from its ambitious economic process target because it takes a 'conservative approach' amid possible local and global shocks, analysts have said.In its next...Time for our apparel industry to promote its sustainable credentials"You can’t sell anything if you can’t tell anything,” stated Beth Comstock, former vice chair of General Electric, and I feel this is true when...The billion-dollar hit jobThe way unknown hackers hatched plans to steal money from the Bangladesh Bank’s reserves with the New York Fed using the most sophisticated banking and...UK assures Bangladesh of providing support for enhancing digital economyThe UK has assured Bangladesh of providing all-out support for strengthening its position in digital economy globally.The assurance came from a bilateral meeting held between...In China coronavirus clouds, there may be a silver lining for Bangladesh exportsWhen the world is fighting a new coronavirus outbreak tooth and nail, some analysts and businesses believe the outbreak in China may augur well for...Pakistani entity to invest heavily in BangladeshA Pakistani entity is going to make an "historic investment" in Bangladesh, said deputy high commissioner in Pakistan Noor-e-Helal Saifur Rahman recently.The diplomat, however, did...Qatar-Bangladesh economic ties to witness major boostThe Qatar-Bangladesh economic relations will see a serious boost in 2020 and beyond as both the countries are working aggressively to further expand and deepen...A nascent market in healthcare sectorBangladesh has a medical equipment market worth of $163 million, similar in size to the market in Latvia or Serbia. But market size is where...China coronavirus epidemic poses a threat to BD tradeBangladesh's trade and economy may suffer badly thanks to the continued Coronavirus contagion in China, because the former is very hooked in to the world's...Bangabandhu Shilpa Nagar: Many plots ready to host industrial unitsThe Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) is partially ready with key infrastructure and utility services to host industrial units now, according to a spot...‘We will eat shares of other companies’Being amongst the fastest growing nations in the world in recent years, it is natural to assume that foreign companies would want in on Bangladesh.So...Implementation of 8th Plan towards achieving SDGs: Building partnershipIn a fractured and divided world, building partnership within and across nations is increasingly becoming more and more vital. Achieving Sustainable Development Goals (SDGs) requires...‘Made in Bangladesh’ expo showcases products of over 60 companiesOver 60 companies are showcasing various products and services during the three-day ‘Made in Bangladesh’ exhibition, which can run until Thursday at the Doha Exhibition...Maersk to launch trade finance services in BDDanish conglomerate Maersk is set to introduce trade finance services in Bangladesh to make capital available for its customers in Bangladesh, officials have said.The digital...Metito-led consortium wins 55MWe solar project with $0.0748/kWh bidA consortium led by Dubai-headquartered water management solutions provider Metito Group – which incorporates solar energy producer, Jinko Power, and therefore the energy and water...'Solid 4G base essential before going for 5G deployment in Bangladesh'Before Bangladesh goes for 5G technology, it needs to improve the existing 4G services, which are not up to the mark, says Huawei Technologies (Bangladesh)...PRAN earnings up, RFL downThe EPS of the other company, Rangpur Foundry Limited (RFL), dropped to Tk2.18 as against Tk2.19 for the same period, as per the disclosureOne of...Textile needs to grow footprint in global marketsThe primary textile sector has witnessed a good expansion with some Tk. 2,500 crore worth of investment in 2019, mainly to install imported machines and...Buyers offer Bangladesh lower RMG prices despite rise in green factoriesGlobal brands and buyers are gradually offering lower prices for readymade garment products to Bangladeshi factories although the number of green factories has increased considerably...Centralised vs decentralised banking operationsFinancial system of Bangladesh is mainly bank-based and private commercial banks have been playing a pivotal role in this area. In the 80's, denationalisation of...Another wellspring of normal fiber in BangladeshThe skyline of expanded employments of normal strands are in expanding patterns due to their ecofriendly, biodegradable, re-cyclic and reusable attributes properties. As of late...Oracle firmly puts down roots in Bangladesh“The speed at which our customers in Bangladesh are innovating and digitising their businesses exceeds what we are experiencing in other parts of the Asean...Bangladesh- Indian engineering trade show kicks off in DhakaSeeking to forge global supply chain with partners from Bangladesh, the three-day Indian engineering trade show titled INDEE Bangladesh 2020 has begun at International Convention...IATA warns against Bangladesh VAT plans for aeronautical servicesThe International Air Transport Association (IATA) has urged Bangladesh’s government to reconsider a decision to impose Value Added Tax (VAT) on aeronautical services for airlines...Sustainability of the growth matters mostBangladesh's gross domestic product (GDP) growth is expected to surpass that of India, China and Pakistan in the current fiscal, says a latest report of...Gentium, Damen sign Bangladesh MoUGentium and Damen Shipyards Group have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh.The MoU aims to establish and develop...Investments into key Islamic economies Indonesia, Saudi Arabia rise in 2019 as global FDI dipsGlobal foreign direct investment (FDI) nudged down slightly as flows into developed countries hit a historical low, but key Islamic economies enjoyed increases, according to...ISKO joins Berlin Fashion Week with 360-degree approachThe new design year has started and ISKO is beginning with a nearness in all cases at the Berlin Fashion Week. With a plan completely...Diversify exports at hasteExport concentration on just one product, garment, and a few destinations may cause economic vulnerabilities in the economy, said Shams Mahmud, the newly elected president...Four-fold jump in LPG consumption but industry faces challenges in BangladeshA relatively new industry segment in Bangladesh, LPG is setting new frontiers of growth as the nation has stepped up its energy requirements – making...Govt efforts on doing business, FDI inflow not adequate: DCCIThe government’s reform initiatives regarding competitiveness, ease of doing business and foreign direct investment are not adequate to improve the indicators, said Dhaka Chamber of...Leading the financing for development agenda in Asia-PacificRecent economic development in Bangladesh has been remarkable. Over the past decade, GDP per capita has almost tripled, reaching $1,700 in 2018. Annual GDP growth...Bangladesh- Three-day Indian engineering trade show due in city on Jan 22Seeking to forge global supply chain with partners from Bangladesh, an Indian engineering trade show INDEE Bangladesh 2020, organised by EEPC India, will be held...Saudi Arabia deports another batch of Bangladeshi workersAnother 224 Bangladeshi workers were deported by Saudi Arabia on Saturday, although many of them claimed to have legal documents.A Saudi Airlines flight carrying 116...Huawei CFO lawyers say her alleged crimes no crime in CanadaDefense lawyers argue a senior executive of the Chinese tech giant Huawei should not be extradited to the US because her actions would not be...BD economy may grow by 7.80pc in FY20: UNGrowth rate of the Gross Domestic Product (GDP) of Bangladesh may decline to 7.80 per cent in the current fiscal year (FY20) from 8.10 per...P.N. Composite Ltd concentrating on structure studio with developmentThe worldwide market is changing persistently as is the interest of individuals. Presently shoppers need more worth included items. This adjustment in client's taste, request...Bangladesh focused on economic diplomacy: MomenForeign Minister Dr AK Abdul Momen today said Bangladesh is now focused on economic diplomacy to boost the economy by bringing businesses to the country.“Bangladesh...Private sector needs to play a big role in SDGs implementationThe developing countries will need investment in a range between US$3.3 trillion and US$4.5 trillion a year for implementing Sustainable Development Goals (SDGs) that cover...Is denim offering new trusts in Bangladesh's clothing industry?In the a long time since Claude Levi-Strauss started advertising denim texture as solid, feasible garments for laborers, the world has held onto it as...Bringing unbanked poor under financial servicesBangladesh has made significant progress in financial inclusion over the past eight years, with as much as 48 per cent of the adult population now...Bangladesh: Crackdown on Critics, ActivistsAfter winning a third term in elections marked with allegations of fraud and a crackdown on the political opposition, the Awami League-led government in Bangladesh...Damen signs MoU to develop shipbuilding and repair in BangladeshGentium and Damen Shipyards Group have signed a Memorandum of Understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka with an aim to...Bangladesh ports explore link to IndiaMichael Mackey investigates the impact of a new deal for Indian goods to transit through ports in Bangladesh.India and neighbour Bangladesh have signed an MOU...Satya Nadella shreds India’s citizenship act with a single commentSatya Nadella, the India-born CEO of Microsoft and one of the highest profile Indians in the world, doesn’t support the Citizenship Amendment Act (CAA) passed...Robi deposits Tk 27.60cr against BTRC’s audit claimRobi today deposited Tk 27.60 crore as the first, out of five, installments against the telecom regulatory commission’s claimed audit findings.Bangladesh Telecommunication Regulatory Commission Chairman...US reverses China 'currency manipulator' labelThe US has reversed its decision to brand China a currency manipulator as the two countries prepare to wind down their trade war.The US said...DSCC sets aside an excessive amount of effort for giving exchange permitAn enormous number of dealers under the Dhaka South City Corporation (DSCC) experience been confronting difficulty with recharging of their licenses or issuance of new...BKMEA argues for facilitating bond arrangementSeveral nearby sewing units are confronting issue with opening inland letters of acknowledge (LCs) as certain banks are putting pressure on producers under the outside...