India, Pakistan to dominate Bangladesh in apparel exports
India, Pakistan to dominate Bangladesh in apparel exports

Bangladeshs apparel sector has thrived largely due to duty-free market access in developed countries and cheap labour. These factors attracted Western buyers to place their orders in this South Asian country. However, that competitive benefit is now narrowing. Global trade dynamics shifted in...

BGMEA leaders pledge $50 billion garment export target
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...

Turkiye starts gas exports to Azerbaijan
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...

Turkey eyes $6B defense deal with Saudi Arabia, expanding military cooperation
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
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...

Billion-dollar earnings expected from agricultural exports
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
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...