- Palestinian ambassador thanks Bangladeshis for protests
- No need to panic over suspension of export orders: Press Secretary
- Honey harvesting begins in Sundarbans' Satkhira range
- RMG workers protest in Gazipur demanding unpaid dues, Eid bonus
- Philippine envoy meets Chief Adviser
- Miraz shortlisted for best sportsperson of the year
- US citizens in Dhaka warned of travel risks
- Daffodil University suspends lecturer for opposing student solidarity strike for Gaza
- ‘Swadhinata Concert’ rescheduled in solidarity with protest against Israeli genocide
- I strongly oppose any displacement, annexation in Gaza, West Bank: Macron
- 11 jailed, including 7 ex-Sonali Bank officials, for Tk 1.38 crore embezzlement
- Ukraine to send delegation to US next week for talks on new mineral deal
- BEZA invites foreign investment in ambitious NSEZ project in Ctg
- 'Redrawing the map, climate change threatens national security'
- 34% of Americans trust ChatGPT—But not for legal or medical advice
- 'Govt creating ecosystem to make business operations much easier'
- Prof. Yunus urges Trump to postpone tariffs on Bangladeshi exports
- Brook named new England white-ball cricket captain
- 249 killed in 11 days of Eid road accidents across Bangladesh: RSF
- The Attraction and Potential Hazards of AI Lovers
US tariffs will have minimal impact on country’s exports
Bangladesh Bank (BB) Deputy Governor (DG) Dr. Md Habibur Rahman has observed that the new tariffs, imposed by the United States (US) authorities, will have minimal impact on Bangladeshs exports, reports BSS. Most of our close competitors are now facing higher tariff barriers than Bangladesh....
India withdraws 20% duty on onion export effective from April 1
The government of India has withdrawn the 20 percent duty on onion exports, effective from April 1. A notification to this effect was issued on Saturday by the Department of Revenue, following a communication from the Department of Consumer Affairs, India. To ensure domestic availability, the...
BGMEA leaders pledge $50 billion garment export target
Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), representing a joint council contesting the upcoming election, have pledged to increase Bangladeshs garment exports to $50 billion over the next five years if elected. Speaking at an iftar event hosted by...
US increases dominance as world's biggest arms exporter: SIPRI
One sentence in the latest report by theStockholm International Peace Research Institute (SIPRI)may come as a surprise at first glance: global arms exports have more or less stagnated and barely changed compared to the period from 2010-2019. But a closer look at the individual countries points to...
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
An additional 42 metric tons of potatoes have been exported from Bangladesh to Nepal through the Banglabandha land port. This brings the total potato export to Nepal via this port to 1,386 metric tons since January of this year. The export was carried out by the organization Thinks to Supply,...
Turkiye starts gas exports to Azerbaijan
Turkiye is set to begin exporting natural gas to Azerbaijans Nakhchivan this week, marking a milestone in regional energy cooperation. The announcement came from Energy and Natural Resources Minister Alparslan Bayraktar, who confirmed that the Igdır-Nakhchivan pipeline is now complete, reports...
Country’s RMG sector regains momentum
The countrys ready-made garments sector (RMG) has seen a surge in exports despite various challenges. Last year, the sector struggled with multiple crises, including labour protests, factory closures in the face of demonstrations, and wage-related movements. However, the industry has now begun...
US plans to cut Iran’s oil exports by over 90% in renewed pressure campaign
The United States has announced plans to slash Irans oil exports by more than 90 per cent as part of former President Donald Trumps renewed maximum pressure campaign, Treasury Secretary Scott Bessent stated on Friday. Speaking to Fox Business, Bessent said, We are committed to bringing the...
Import-export strategy between Bangladesh, Saudi Arabia stressed
Saudi Arabian Trade Minister Majid bin Abdullah Al-Qasabi on Tuesday underlined the need for formulating an import-export strategy for Bangladesh and the oil-rich nation to advance the economic ties between the two countries. He made the suggestion when Bangladesh Ambassador to Saudi Arabia Md....
NBR imposes 25% regulatory duty on rice bran oil exports
The National Board of Revenue (NBR) has introduced a 25% regulatory duty on the export of both crude and refined rice bran oil to boost domestic supply and stabilize prices. The new tax measure, announced in a notification on Sunday, aims to discourage exports of rice bran oil, reports BSS. This...
Bangladeshi apparel exports to US grow slightly amid global pressure
The latest data on annual US apparel imports, covering 2024, show the performance of major supplying countries in the global apparel market. Despite a modest overall growth in US apparel imports, with a 1.82 percent increase in value and a 5.88 percent rise in volume, there was a notable 3.83...
NBR set to launch full bond automation to enhance trade efficiency
The National Board of Revenue (NBR) is set to fully operationalise its Bond Automation system this month to enhance efficiency, transparency, and accountability in Bangladeshs trade operations. The rollout, initially planned for last month, was delayed due to businesses lack of readiness, according...
Turkey eyes $6B defense deal with Saudi Arabia, expanding military cooperation
Turkey is reportedly aiming to secure a $6 billion defense deal with Saudi Arabia, which would encompass warships, tanks, and missile systems, according to a Monday report. The agreement, which may also see Saudi Arabia participating in Turkeys fighter jet development program, could be finalized...
US’s Argent LNG sets deal with Bangladesh govt to supply 5m tons of LNG annually
Argent LNG, developing a 25 million metric tons per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to supply up to 5 million metric tons of liquefied natural gas (LNG) annually, the company announced on Friday, reports Reuters. This...
Building a skilled workforce is the core challenge
While global demand for skilled workers continues to rise, Bangladesh faces a significant challenge in developing and exporting skilled labor. Currently, half of the countrys workforce remains unemployed, and 30 percent lack the education and training needed to secure jobs. Over the past four...
Bangladesh exports some $38.5 bn in RMG last year
In 2024, Bangladesh earned a total of $38.48 billion from ready-made garment (RMG) exports. As usual, the European Union (EU) beat the list with 50.34 per cent of the total export earnings, which is $19.37 billion. During the month of January to December the previous year, RMG products worth...
Fears of collapse in the export sector
The countrys export sector is grappling with mounting concerns over a potential collapse, as traders warn that the interim governments target of $57 billion in export revenue for the current fiscal year could be unattainable. The target includes $50 billion from goods exports, but industry...
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...