Trump will 'probably' cut Mexico and Canada tariffs
Trump will 'probably' cut Mexico and Canada tariffs

US Commerce Secretary Howard Lutnick has said President Donald Trump will probably announce a deal to reduce tariffs on Canada and Mexico on Wednesday, BBC reported. Both the Canadians and Mexicans were on the phone with me all day today trying to show that theyll do better on reducing the flow...

‘Soybean oil supply to return to normal within two days’
‘Soybean oil supply to return to normal within two days’

Commerce adviser Sk Bashir Uddin has said that the supply of soybean oil will return to normalcy in next two days. The adviser on Monday made the statement in media briefing after visiting Mohammadpur kitchen market in the capital. Industries adviser Adilur Rahman Khan was present during the...

Price control must be given priority: Commerce Secretary
Price control must be given priority: Commerce Secretary

Secretary of the Ministry of Commerce Mahbubur Rahman said that the program taken to keep consumers comfortable during the month of Ramadan must be properly implemented. Price control must now be given priority. At the same time, he instructed the officials to strengthen the monitoring of TCBs...

Zakat crucial to establish social justice: Bashir Uddin
Zakat crucial to establish social justice: Bashir Uddin

Commerce Adviser Sheikh Bashir Uddin has highlighted the vital role of Zakat in establishing social justice, reports UNB. The adviser made the remarks at a seminar titled The Role of Islamic Social Finance in Economic Empowerment and Human Development held at the Aloki Convention Center in the...

Japan’s top investors pledge increased investment in Bangladesh
Japan’s top investors pledge increased investment in Bangladesh

Japans top investors have assured an increase in investments in Bangladesh following a bilateral meeting with Bangladeshs Commerce Adviser Sk Bashir Uddin in Tokyo on Monday. During the meeting, representatives from Japans leading business groupsNEXI (Nippon Export and Investment Insurance),...

Expedite trade facilitation roadmap implementation for LDC graduation
Expedite trade facilitation roadmap implementation for LDC graduation

Commerce Adviser Sk Bashir Uddin has emphasised the urgent need to implement the Trade Facilitation Roadmap to address the challenges associated with Bangladeshs graduation from the Least Developed Country (LDC) status, reports UNB. Speaking at the 8th meeting of the National Trade Facilitation...

No major price hikes expected during Ramadan: Commerce adviser
No major price hikes expected during Ramadan: Commerce adviser

Commerce Adviser Sheikh Bashiruddin has assured that commodity prices will not surge during the upcoming Ramadan as the country has a proper import management system and a sufficient stock of essentials. He made the remark at a policy conference titled Reasonable Prices of Food Products:...

Previous govt ruined possibilities across sectors
Previous govt ruined possibilities across sectors

Commerce adviser SK Bashir Uddin said that the previous government has spoiled all the possibilities across sectors, including Banking and RMG. He made the statement on Monday while addressing a seminar at the Bangladesh-China Friendship Exhibition Centre (BCFC). The commerce adviser said:...

Bashir stresses enforcement of Consumer Rights Protection Act
Bashir stresses enforcement of Consumer Rights Protection Act

Commerce Adviser Sheikh Bashir Uddin has called for the strict enforcement of the Consumer Rights Protection Act, 2009, emphasizing its role in safeguarding citizens. Speaking at the 28th meeting of the National Consumer Rights Protection Council on Sunday, held at the Directorate of National...

Commerce adviser defends govt’s move to increase VAT
Commerce adviser defends govt’s move to increase VAT

Commerce Adviser Sk Bashir Uddin on Saturday defended the interim governments recent move to increase Value Added Tax (VAT) saying that indirect taxes are critically important for an unregulated market, reports UNB. Depending on direct taxes may be very good for the developed economy. For an...

37 lakh TCB family cardholders are fakes: Commerce adviser
37 lakh TCB family cardholders are fakes: Commerce adviser

Commerce Adviser Sheikh Bashir Uddin said 37 lakh cardholders are fake among the one crore family cardholders of Trading Corporation of Bangladesh (TCB). He revealed the information while speaking at a view-exchange meeting of the committee for the White Paper on the state of Bangladeshs...

Bangladesh wants balanced trade with Malaysia
Bangladesh wants balanced trade with Malaysia

Commerce Adviser Sk. Bashir Uddin said Bangladesh wants to boost bilateral trade relations with Malaysia alongside ensuring balanced trade. He said this when Malaysian High Commissioner to Bangladesh Mohd Shuhada Othman met him at his office at Bangladesh Secretariat on Monday. During the...

Smart family card will replace paper system for TCB's activities: Commerce Adviser
Smart family card will replace paper system for TCB's activities: Commerce Adviser

Commerce Adviser Sheikh Bashiruddin announced that the Trading Corporation of Bangladesh (TCB) will transition from the paper-based system to conducting its activities through the Smart Family Card. He made this statement during the inauguration of TCBs product sales to low-income families at...

Rice prices will drop soon with no shortage in the market: commerce advisor
Rice prices will drop soon with no shortage in the market: commerce advisor

Commerce Advisor Sk Bashir Uddin reassured the public that there is no shortage of rice in the market. He emphasized that both the countrys rice reserves and local production are more than adequate, particularly with the Aman season in full swing. There is no logical reason for the current high...

Commerce adviser seeks investment from Bangladeshi entrepreneurs in UK
Commerce adviser seeks investment from Bangladeshi entrepreneurs in UK

Commerce Adviser Sheikh Bashiruddin has stressed the role of Bangladeshi entrepreneurs in the UK in strengthening commercial ties between the two and urged them to invest in Bangladesh, reports UNB. He said: Invest in Bangladesh and contribute to the countrys development. Your role is vital in...