১৮ জানুয়ারি, ২০২৫ ১৬:২০ এর সব খবর

Saturday, 18 January, 2025

বাংলা

Headline

Over 50,000 garment workers unemployed in a year

The garment sector, which played a key role in driving Bangladesh into large-scale exports, is now facing multiple crises. At least 76 garment factories have closed in the past year, and over a hundred others are on the brink of closure. Industry insiders attribute the closures to various...

Billion-dollar earnings expected from agricultural exports

Following a decline in the past two years, exports of agricultural and food products have picked up pace. Consequently, agricultural export earnings are expected to hit the billion-dollar mark by the end of the 2024-25 fiscal year. This positive outlook comes from industry stakeholders after...

US announces new restrictions on AI chip exports

The United States introduced new export rules for advanced AI computing chips on Monday, aimed at boosting sales to allied nations and limiting access to countries such as China, reports AFP. The restrictions, which also include rules on weights for closed AI models, build on curbs announced in...

Overvaluation of taka threatens exports & remittances

Economists and business leaders have raised concerns that the overvaluation of the taka, compared to the currencies of Bangladeshs trade partners, may negatively impact the countrys key foreign exchange sourcesexports and remittances. While these sectors have contributed to foreign currency...

Maldives strengthens ties with China; FTA set to take effect on January 1

The China-Maldives Free Trade Agreement (FTA) is set to come into effect on January 1, 2025, signaling a new chapter in the strategic partnership between the two nations. This milestone was announced during a special ceremony attended in person by Maldives Minister of Economic Development and Trade...

Bangladesh garment exports to EU grew 34% in Oct: Eurostat

The exports of Bangladeshi garment products to the European Union (EU) saw a significant increase of 34 percent in October compared to the same month last year, according to data from the European statistics agency. This growth highlights the continued strong demand for Bangladeshs apparel in...

Qatar vows to halt EU gas sales over due diligence law

Qatar will cease gas exports to the European Union if the bloc enforces its new corporate due diligence law, Reuters said, the energy minister of the country Saad al-Kaabi warned in an interview with the Financial Times published on Sunday. The Corporate Sustainability Due Diligence Directive,...

Recession not easing, raw material imports fall

Countrys trade has ground to a halt as the raw material imports fell to $5.27 billion in November, a sharp decline from $5.6 billion in the same month last year. This marks a troubling sign for the economy, as a reduction in imports is expected to fuel inflation and push up commodity prices....

Experts call for diversified exports, investment in human capital to boost global competitiveness

Political and social stability, along with diversified export markets, are key to attracting foreign direct investments (FDI) and ensuring Bangladeshs global competitiveness, experts said on Tuesday at a public lecture at Dhaka. From his extensive experience with the Asian Development Bank...

Annual expenditure totals $14 billion with India

Bangladesh has emerged as Indias largest trading partner in South Asia, primarily due to its growing import dependence. In return, India stands as Bangladeshs second-largest trading partner in Asia. However, despite this robust bilateral trade, Dhaka has struggled to capitalize fully on the...

Traders face escalated risk of default once again

Industrial production has sharply declined, and export income has been severely disrupted, bringing business and trade to a near standstill. Multiple pressures, including political instability, have contributed to this economic downturn. Among these challenges, a key factor is the reduction in the...

Bangladesh's October exports grow 20.6%

The countrys export earnings in October saw a robust growth of 20.60% catching $4.13 billion, up by $0.71 billion compared to $3.42 billion of the same month on 2023. According to data released by the Export Promotion Bureau (EPB), in July-October exports grew by 10.8% to reach $15.79 billion,...

Decline in LC opening and settlement

In the latest quarterly report, Bangladesh Bank (BB) has revealed a decline in the opening and settlement of letters of credit (LCs) during the first quarter of the current financial year, spanning July to September. The report indicates that the total number of LCs opened fell by approximately 7...

Onion prices rise by Tk10-12

Onion prices have surged again despite normal imports from India at the Hili land port in Dinajpur, rising by Tk10-12 per kilogram in just three days, reports Dhaka Tribune. This increase is attributed to decreased local supply and heightened demand for imported onions. Wholesalers and...

Drug smugglers thrive at Benapole as scanners remain dysfunctional

Drug-peddling rackets have become increasingly active at the countrys largest land port in Benapole, taking advantage of three non-functional scanning machines due to the indifference of the authorities concerned, reports UNB. The recovery of Phensedyl bottles and other drugs has recently...

Bangladesh expects to see export growth despite global trade shifts

Bangladesh expects substantial export growth although the Global trade dynamics have undergone significant shifts in recent years, reports UNB. A document of the Ministry of Finance expected the growth based on the projection of the World Trade Organization (WTO). Although global trade...

Bangladesh experienced 3.53% decrease as EU import drops 3.63%

The European Unions apparel imports saw a 3.63% decline from January to August 2024 compared to the same period in 2023, reflecting a broader global trend of reduced apparel consumption. According to the latest data, total imports dropped from US$ 61.56 billion to US$ 59.32 billion....