42 foreign missions miss export targets
42 foreign missions miss export targets

The Bangladesh Mission in Dubai, one of the countrys key diplomatic outposts, has failed to meet its export earnings target for the recently concluded 202425 fiscal year. Despite having 11 officials and a dedicated commercial wing tasked with boosting exports, the mission fell short of its $480...

BTMA warns of looming factory closures amid severe textile sector crisis
BTMA warns of looming factory closures amid severe textile sector crisis

The Bangladesh Textile Mills Association (BTMA) has raised an alarm over the worsening crisis in the countrys primary textile sector, warning that continued inaction could soon force many mills to shut down. In a statement issued Sunday, BTMA President Showkat Aziz Russell highlighted a series of...

Exporters hope for US tariff waiver amid negotiations
Exporters hope for US tariff waiver amid negotiations

Bangladeshi exporters are hopeful that the United States will grant a tariff waiver amid ongoing negotiations between the two countries, as fears grow over the potential economic impact of a steep hike in reciprocal duties. Bangladesh currently pays an average 15.5% duty on exports to the US....

Export earnings register 8.58 pc growth in FY25
Export earnings register 8.58 pc growth in FY25

Countrys export earnings witnessed 8.58 percent growth in the recently concluded 202425 fiscal year (FY25), reaching US$48.28 billion, according to data released by the Export Promotion Bureau (EPB) on July 2, reports BSS. In comparison, export earnings stood at $44.46 billion in FY 202324....

Nepal to export buffalo meat to China as part of Rs27 billion project
Nepal to export buffalo meat to China as part of Rs27 billion project

Nepal is set to begin exporting buffalo meat to China by June 2026, marking a major development in the countrys meat industry, with a target of 5,000 tonnes daily. The project, worth Rs27 billion, includes significant Chinese investment aimed at both meat processing and animal rearing,...

Nepal resumes 40MW electricity export to Bangladesh after LC delay
Nepal resumes 40MW electricity export to Bangladesh after LC delay

Nepal has resumed the export of 40 megawatts (MW) of electricity to Bangladesh through Indias transmission network, following a brief delay caused by Bangladeshs late issuance of a letter of credit (LC), officials confirmed on Sunday. The export restarted at midnight on Saturday under a...

Turkey to export 48 KAAN fighter jets to Indonesia in $10B deal
Turkey to export 48 KAAN fighter jets to Indonesia in $10B deal

Turkey will export 48 of its domestically developed KAAN fighter jets to Indonesia, Turkish President Recep Tayyip Erdoğan announced on Wednesday. The multibillion-dollar agreement marks the first international sale of Turkeys fifth-generation combat aircraft and signals deepening military ties...

US-China reach deal on rare earths, student visa easing amid trade talks
US-China reach deal on rare earths, student visa easing amid trade talks

Following two days of intense negotiations in London, the United States and China announced a preliminary deal aimed at reducing escalating trade tensions. US President Donald Trump revealed that China agreed to supply rare earth metals and magnets to US companies, while the US would withdraw its...

China to resume seafood imports from Japan
China to resume seafood imports from Japan

China will resume Japanese seafood imports it banned in 2023 over worries about Japansdischarge slightly radioactive wastewaterfrom the damaged Fukushima Daiichi nuclear power plant into the sea, a Japanese official said Friday. China said their talks this week made substantial progress but did...

Bangladeshi mangoes enter Chinese market, marking milestone in agricultural trade ties
Bangladeshi mangoes enter Chinese market, marking milestone in agricultural trade ties

The first air shipment of Bangladeshi fresh mangoes has officially departed for China in a major step for Bangladesh-China trade relations, marking the beginning of a new chapter in bilateral agricultural cooperation, reports UNB. At a special ceremony held to celebrate the export milestone,...

Business leaders warn of ‘economic assassination’ as energy crisis cripples industry
Business leaders warn of ‘economic assassination’ as energy crisis cripples industry

Bangladeshs industrial backbone is buckling under a worsening gas crisis, which business leaders now describe as a threat to economic survivalnot just a temporary disruption. At a press conference on Sunday, leaders of the Bangladesh Textile Mills Association (BTMA) revealed that textile...

Can Beijing's new trade push redefine China-Bangladesh economic relations?
Can Beijing's new trade push redefine China-Bangladesh economic relations?

Is China preparing to deepen its economic footprint in Bangladesh? Thats the key question as Chinese Commerce Minister Wang Wentao gears up for a high-level visit to Dhaka on May 31, aiming to take bilateral trade and investment relations to what both sides describe as a new level. During his...

Bangladesh to begin mango export to China on May 28: Agri Secretary
Bangladesh to begin mango export to China on May 28: Agri Secretary

Bangladesh is going to export mango to China for the first time on May 28 next, Agriculture Secretary Dr Mohammad Emdad Ullah Mian said today (May 21). He revealed this information at a press briefing at the Foreign Service Academy this afternoon, reports BSS. Emdad Ullah said about 50 metric...

RMG export totals $32.64b during July-April period
RMG export totals $32.64b during July-April period

Countrys RMG exports witnessed a healthy trend during the July-April period of the current fiscal year (FY25) totaling $32.64 billion, marking a significant 10 percent growth, reports BSS. According to the Export Promotion Bureaus (EPB) latest country-wise export data for Bangladesh from July to...

$70 billion investment threatened by gas crisis
$70 billion investment threatened by gas crisis

A severe gas supply crisis has suddenly emerged in the textile sector, including ready-made garments, which is the countrys top export-earning sector. As a result, industrialists and exporters have become deeply concerned. The crisis has prompted four industry associations to issue advertisements...

RMG sector needs to be more competitive, cost-effective to boost exports
RMG sector needs to be more competitive, cost-effective to boost exports

The countrys readymade garment industry needs to be more competitive and cost-effective to boost exports and overcome the post-LDC challenges. The Chairman of the Board of Trustees at BGMEA University of Fashion Technology (BUFT), and former BGMEA President Faruque Hassan, said this while...

Export industries in turmoil due to gas and banking crises
Export industries in turmoil due to gas and banking crises

President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), Mohammad Hatem, has said that the countrys export-oriented manufacturing sector is in deep crisis due to persistent gas shortages and disruptions in the banking system. In an interview with Bangladesh Pratidin,...

RMG exports grow remarkably
RMG exports grow remarkably

The countrys readymade garment (RMG) exports in January-February, 2025, grew remarkably by 36.99 percent supported by a strong 39.02 percent increase in volume, reports BSS. Additionally, a decrease of 1.46 percent in unit price underscores the challenges of maintaining profitability....

Bond automation still out of reach despite NBR’s persistent efforts
Bond automation still out of reach despite NBR’s persistent efforts

The National Board of Revenue (NBR) continues to face delays in automating its bonded warehouse systema reform seen as essential to boosting transparency, reducing misuse, and improving trade facilitation, reports UNB. Despite launching multiple initiatives and setting several deadlines, full...

Analysts warn US could be handing chip market to China
Analysts warn US could be handing chip market to China

As the United States tightens restrictions on semiconductor exports to China, analysts are sounding alarms that the policy may unintentionally accelerate Chinas efforts to dominate the global chip market, reads a Star post. Whats actually happening is that the U.S. government is handing China a...

Domestic container ship service to launch between Mongla and Chattogram ports
Domestic container ship service to launch between Mongla and Chattogram ports

In a move poised to enhance trade connectivity and reduce export costs for the greater Khulna region, a regular container ship service is set to launch between Mongla and Chattogram ports from mid-April. This domestic maritime route is expected to offer exporters in the region a more efficient...