Pakistan’s Commerce Minister Jam Kamal Khan arrived in Dhaka late Wednesday night for a four-day official visit aimed at boosting bilateral trade ties between the two countries. He landed at Hazrat Shahjalal International Airport around midnight on August 20, where he was

Industries Adviser Adilur Rahman Khan today said Bangladesh’s green shipbuilding industry has the potential to become the country’s next major foreign exchange earner after the ready-made garment (RMG) sector. “If the garment sector is our first great leap into global

Bangladesh has sought Malaysia’s cooperation in establishing a halal industrial park, aiming to tap into the fast-growing global halal products market. “Let’s make a move on this,” said Chief Adviser Professor Muhammad Yunus during a meeting with Malaysian halal

Trade Adviser Sheikh Bashiruddin has announced that the government will permit onion imports to increase supply in the local market. He made the remarks on Tuesday (August 12) after a meeting at the Ministry of Commerce conference room at the Secretariat, held to set export targets for

Bangladesh Bank Governor Dr Ahsan H. Mansur has said the central bank is working to restructure loans for businesses affected by the Covid-19 pandemic, economic downturn, and political unrest. Speaking as a special guest at a Centre for Policy Dialogue (CPD) discussion in Dhaka on

BRAC Bank recently organised a series of customer engagement programmes with remittance beneficiaries in multiple districts across the country. The sessions, held in remittance-prone districts of Sunamganj, Brahmanbaria, Narsingdi, Chandpur, Sylhet and Cumilla, are part of the

President Trump on Thursday signed an executive order that could allow millions of Americans saving for retirement through 401(k) accounts to invest in higher-risk private equity and cryptocurrency assets. The executive order doesn't immediately change how people will invest for

Bangladesh’s foreign currency reserves have risen to USD 30.8 billion, according to Bangladesh Bank on Thursday (August 7). According to the central bank, the net reserves—calculated under the IMF’s Balance of Payments and International Investment Position Manual

The Bangladesh Energy Regulatory Commission (BERC) has reduced the retail price of liquefied petroleum gas (LPG) by Tk91 per 12kg cylinder, setting the new price at Tk1,273, effective from Sunday evening (Aug 3). The BERC announced the new price today.  The price of

The United States has reduced its reciprocal tariff on imports from Bangladesh from 35 percent to 20 percent, bringing some relief to the country’s export sector amid global trade uncertainties. The announcement was made in a White House statement issued Friday (August 1),

National Security Adviser Khalilur Rahman has said that Bangladesh has successfully averted a potential 35 percent retaliatory tariff, calling it welcome news for the country’s garment sector and the millions who depend on it. He said, “We have managed to preserve our

The United States has indicated a possible reduction in the 35% reciprocal tariffs currently imposed on Bangladeshi exports, Commerce Secretary Mahbubur Rahman said on Tuesday (30 July). A productive discussion was held with US officials on 29 July, as outlined in the agenda, he said

British High Commissioner to Bangladesh Sarah Cooke and Special Envoy to the Chief Adviser Lutfey Siddiqi today visited Cupcake Exports, a soft toy manufacturer that exports to the UK. During the visit, the High Commissioner and the Special Envoy saw the production of toys and spoke to

Gabriel Galípolo, President of Brazil’s central bank, has expressed interest in establishing a trade agreement aimed at enhancing bilateral commercial and economic relations with Bangladesh.  He conveyed this intention following his first official meeting with Dr. Md

The price of 22-carat gold will decrease by Tk1,574 per bhori from Friday due to a decline in local market rates, the Bangladesh Jeweller's Association (BAJUS) announced on Thursday. The price cut comes after back-to-back hikes on Wednesday and Thursday. With the new adjustment,

Commerce Adviser Sheikh Bashir Uddin has said that no action will be taken that undermines Bangladesh’s national interest, in light of the United States’ imposition of a 35 percent tariff. He made the remarks on Thursday (July 24) while responding to questions from

Despite the recent decline in the official bank rate for the US dollar, the open market in Dhaka continues to sell the currency at a higher rate, highlighting a growing disparity between institutional and street-level transactions. While the bank exchange rate for the US dollar has

Bangladesh received USD 1.071 billion (Tk13,173 crore) in remittance during the first 12 days of July, according to data released by Bangladesh Bank (BB) on Sunday (July 13). In the first 12 days of July last year, the country had received USD 948 million in remittance. This means

In a dramatic escalation of trade policy, U.S. President Donald Trump has announced sweeping 30 percent tariffs on all goods imported from Mexico and the European Union, effective August 1.  The move follows failed negotiations with both blocs to secure broader trade agreements.

Bangladesh and the United States have made partial progress in resolving tariff-related issues during the second round of bilateral talks, but several matters remain pending, officials confirmed on Saturday (12 July). The three-day discussions concluded with both sides agreeing to