DMP assures full cooperation in providing security for BAJUS members
DMP assures full cooperation in providing security for BAJUS members

The Dhaka Metropolitan Police (DMP) has assured the Bangladesh Jewellers Association (BAJUS) of full cooperation in ensuring the security of jewellery establishments affiliated with BAJUS in the capital. DMP Commissioner Sheikh Md. Sazzat Ali made this assurance during a meeting with a BAJUS...

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),...

Hong Kong to file WTO complaint over US tariffs, official says
Hong Kong to file WTO complaint over US tariffs, official says

Hong Kong will file a formal complaint with the World Trade Organisation (WTO) over recent US tariffs, arguing that the US has disregarded the citys status as a separate customs territory, according to Chief Secretary Eric Chan on February 11, reads a Straits Times post. This move is completely...

UK must respect Trump's mandate, new US ambassador says
UK must respect Trump's mandate, new US ambassador says

The United Kingdom (UK) must respect President Donald Trumps strong and clear mandate for change, according to Lord Peter Mandelson, the newly appointed UK ambassador to the US, speaking on his first day in the role. In an interview with the BBC, Lord Mandelson acknowledged that while the UK may...

DeepSeek boosts tech stocks in China, Hong Kong amid easing trade concerns
DeepSeek boosts tech stocks in China, Hong Kong amid easing trade concerns

Chinese and Hong Kong stocks saw broad gains on Monday, with optimism surrounding AI startup DeepSeek continuing to drive the tech sector higher. Better-than-expected inflation data also helped boost investor sentiment, analysts told Khaleej Times. The Shanghai Composite Index rose 0.3%,...

Erdogan embarks on three-nation Asia tour to strengthen ties
Erdogan embarks on three-nation Asia tour to strengthen ties

President Recep Tayyip Erdogan is set to begin a pivotal three-nation tour of Asia on Monday, with stops in Malaysia, Indonesia, and Pakistan, aiming to further enhance Turkiyes established relationships with these key regional partners, reads a Daily Sabah report. After a busy domestic...

NBR set to launch full bond automation to enhance trade efficiency
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...

Thailand ramps up chip investment push as Trump’s trade war with China escalates
Thailand ramps up chip investment push as Trump’s trade war with China escalates

Thailand is fast-tracking a strategic plan for its semiconductor sector, aiming to complete an initial draft within 90 days as it seeks to attract fresh investment amid U.S. President Donald Trumps renewed trade war with China, reports Reuters. The countrys national semiconductor board will hire...

Bangladesh keen to enhance trade, economic relations with Algeria
Bangladesh keen to enhance trade, economic relations with Algeria

Foreign Secretary Md Jashim Uddin has said Bangladesh is eager to boost bilateral trade and economic relations with Algeria, reports UNB. The Foreign Secretary, now in Algeria, presented the existing and potential areas of trade that could happen between the two countries. Among the areas,...

Bangladeshi women entrepreneurs to lead UK trade mission
Bangladeshi women entrepreneurs to lead UK trade mission

A group of diverse and inspirational Bangladeshi women entrepreneurs representing eight businesses is set to lead a trade mission to the United Kingdom in February, with support from the UK Government SheTrades Programme. Their visit will involve high-level discussions with investors,...

Trump imposes tariffs on Mexico, Canada & China, risking trade war
Trump imposes tariffs on Mexico, Canada & China, risking trade war

US President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday, risking a new trade war that economists say could slow global growth and reignite inflation. Trump signed three separate executive orders on the tariffs...

Rosie Winterton appointed as UK trade envoy to Bangladesh
Rosie Winterton appointed as UK trade envoy to Bangladesh

Newly appointed British trade envoy to Bangladesh Baroness Rosie Winterton of Doncaster has said she looks forward to working closely with the Department for Business and Trade, the interim government and businesses in Bangladesh to further develop the key trade partnership between Bangladesh and...

Bangladesh and Pakistan traders call for removal of trade barriers
Bangladesh and Pakistan traders call for removal of trade barriers

Traders from Bangladesh and Pakistan have urged the removal of both customs and non-customs barriers to boost bilateral trade. They made the call at a meeting held between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and a business delegation from Pakistan in Gulshan on...

UK-Iraq London talks to mark 'new era'
UK-Iraq London talks to mark 'new era'

British Prime Minister Keir Starmer hosts his Iraqi counterpart Mohammed Shia al-Sudani on Tuesday for talks on trade, security and migration hailed by Baghdad as marking a new era for the countries ties. The Iraqi prime ministers visit to London, during which he will also meet King Charles III,...

IMF predicts steady global growth, disinflation for 2025
IMF predicts steady global growth, disinflation for 2025

The International Monetary Fund (IMF) expects steady global economic growth and ongoing disinflation in 2025, IMF Managing Director Kristalina Georgieva revealed ahead of the updated World Economic Outlook release on January 17, reports Reuters. Georgieva highlighted that the U.S. economy is...

Alibaba's AI search engine reaches half million SME users
Alibaba's AI search engine reaches half million SME users

Alibaba International announced that its AI-powered B2B search engine, Accio, has surpassed 500,000 small and medium-sized enterprise (SME) users since its launch in November 2024. On Monday, the company stated that its leveraging natural language processing Accio enhances search capabilities to...

Vietnam to end  tax exemption on low-cost imports starting February
Vietnam to end tax exemption on low-cost imports starting February

Vietnam will end its tax exemption on low-value imported goods, starting February 18, in a move that aims to regulate e-commerce and boost local consumption. This change, outlined in Decision 01 by Deputy Prime Minister Ho Duc Phoc, impacts goods valued below VND 1 million (approximately $39.3),...

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

Dhaka international trade fair to start on January 1
Dhaka international trade fair to start on January 1

The Dhaka International Trade Fair (DITF) is scheduled to start on January 1, 2025, at the Bangladesh-China Friendship Exhibition Center in Purbachal, Dhaka. The 29th edition of the DITF will be officially inaugurated by Chief Adviser Prof Muhammad Yunus. The event is being jointly organized by...

Recession not easing, raw material imports fall
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....

US imposes new sanctions on Iran over oil trade, proxy support
US imposes new sanctions on Iran over oil trade, proxy support

The United States has announced new sanctions targeting Irans oil trade, support for proxy groups, and human rights violations on Thursday (Washington local time). The Department of State is imposing sanctions on four entities involved in transporting Iranian oil and identifying six vessels as...

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

China’s Xi unlikely to attend Trump’s inauguration due to risks
China’s Xi unlikely to attend Trump’s inauguration due to risks

Chinese President Xi Jinping is unlikely to accept President-elect Donald Trumps invitation to attend his January 20 inauguration, with analysts citing significant political and diplomatic risks, reports AP. Trumps incoming press secretary, Karoline Leavitt, confirmed on Thursday that the...

Annual expenditure totals $14 billion with India
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...

Argentina ambassador meets BGMEA chief on trade
Argentina ambassador meets BGMEA chief on trade

Marcelo Carlos Cesa, ambassador of Argentina in Bangladesh, met with Anwar Hossain, administrator of BGMEA and vice-chairman of the Export Promotion Bureau (EPB), at the EPB office in Dhaka on Monday. The meeting focused on exploring potential areas of trade and investment and enhancing...

Potato market continues to fluctuate
Potato market continues to fluctuate

The potato market in the country is not facing any visible crisis. While the season for old potatoes is nearing its end, the supply of new potatoes has started. There are now more seasonal potato vendors selling from vans at street corners than before. Despite this, the price of potatoes is still...