Shamim Jahangir, Dhaka: Publicly owned power plants, constituting over 40 percent of electricity generation in Bangladesh, are facing increased losses as they have become subject to double t... Read more
Shuvonkar Karmokar, Dhaka: Bangladesh is struggling to move beyond low-end readymade garment (RMG) products while exporting to the United States (US) and European markets. The situation has... Read more
UNB: Bangladesh’s export earnings grew by 15.26 percent year-on-year in July, the first month of the current fiscal year, according to the Export Promotion Bureau (EPB). Bangladesh exported... Read more
BSS: Bangladesh’s trade deficit in the fiscal 2022-23 (FY23) narrowed amid a raft of measures, including import controls. The country’s trade deficit has decreased to -$17,155 mi... Read more
A total of 32 loan and tax defaulters lost their candidacy to fight in the upcoming election of the country’s apex trade body the Federation of Bangladesh Chamber of Commerce and Indus... Read more
BSS: The dollar rose by 18.25 kopecks to 91.43 rubles at the opening of trading on the Moscow Exchange on Monday. The euro dropped by 80.5 kopecks to 99.55 rubles. The yuan fell by 0.8 kopec... Read more
BSS: The country’s export earnings has fetched a record height of $55.55 billion during the outgoing fiscal year (FY23) despite the unstable global economic situation due to Ukraine-Ru... Read more
UNB: Bangladesh earned $4.85 billion by exporting goods in May, which saw an increase of 26.61 percent year-on-year. The country had earned $3.83 billion from exporting goods in May 2022. Am... Read more
BSS: Bangladesh exported jute and jute goods to $ 1.2 billion in the last fiscal year while the jute sector contributes 1.4 percent to Gross Domestic Product (GDP). “Jute contributes 1... Read more
A growing number of countries are showing interest to join the BRICS alliance and accept the new currency. BRICS could soon become BRICS+ as the South African ambassador, Anil Sooklal hinted... Read more
BSS: RAJSHAHI- There are bright prospects of exporting mangoes worth around Taka 200 crore from the region, including its vast Barind tract, during the current season as both acreage and yea... Read more
UNB: The first-ever border haat in Sylhet division along the India border was on Saturday. Expatriates’ Welfare and Overseas Employment Minister Imran Ahmad and Indian High Commissioner in S... Read more
Local recyclers collect waste from garment factories and textile mills to be used by spinning mills Business News: The Ministry of Commerce has recommended the National Board of Revenue (NBR... Read more
The awards were given for 2019-20 fiscal year GB Business Report: The government of Bangladesh today awarded national export trophies to 71 companies in 28 categories for their extraordinary... Read more
BSS:The export trophies for the year 2019-20 will be handed over on Sunday at a function at a city hotel. Commerce Minister Tipu Munshi will formally hand over the trophies at the function a... Read more
Despite the global economic crisis created by the Russia-Ukraine war, Bangladesh has maintained a robust growth in exports during the first half of FY23, backed by a steady performance by th... Read more
Jannatul Islam, Dhaka: As a result of the government’s timely action and the working environment in Bangladeshi factories, the country’s garment sector has achieved a 43.21 perce... Read more
BSS: The USA has imported RMG items worth $7.55 billons from Bangladesh during the January-September period of the current year which is around 51 percent higher compared to the same period... Read more
BSS: The export of RMG items has witnessed 15.61 percent growth during the July-November period of this year compared to the same period last year. As per the statistics of the Export Promot... Read more
UNB: The visiting delegation of the International Monetary Fund (IMF) on Monday discussed with Bangladesh Bank on banking supervision update, strategic planning for the financial sector, and... Read more