Exporters seek extension of loan moratorium, repayment periods
Exporters are seeking extensions on both moratorium and repayment period for loans accrued from a government sponsored stimulus package aimed at helping them cope with the pandemic’s fallouts.
10 January 2021, 18:00 PM
Focus on issues that’ll help you get GSP Plus
The European Union is moving from a development partner of Bangladesh to trade partner as Bangladesh is graduating to a developing country by 2024.
9 January 2021, 18:00 PM
EU trade privilege hinges on human rights record
Bangladesh will have to meet the European Union’s new criteria on human rights to retain its duty-free market access to the bloc as the EU looks to increase accountability and fight impunity, said a top diplomat.
9 January 2021, 18:00 PM
Bangladesh an inspiration for South Asian peers
With rising economic growth over the last few decades, Bangladesh has become a start-up hub where businesses have reached a new height, according to Binod Chaudhary, founder of CG Corp Global.
9 January 2021, 18:00 PM
BGMEA to avail law firm’s advice on GSP extension
The BGMEA has signed an agreement with Sidley Austin LLP to receive advisory services in efforts to get duty-free trade benefits to the European Union extended once Bangladesh leaves the group of least developed countries (LDCs).
6 January 2021, 18:00 PM
Knitwear makers want 2-yr suspension of raise
Union leaders want the continuation of a 5 per cent annual increment of wages for garment workers while knitters demand that the government let them suspend it for the next two years for mitigating the Covid-19 fallout.
3 January 2021, 18:00 PM
Cotton import grows despite pandemic
Bangladesh’s cotton imports grew by about 9 per cent to 75 lakh bales in the 2019-20 marketing year (MY) despite the ongoing coronavirus pandemic, according to data from the United States Department of Agriculture (USDA).
2 January 2021, 18:00 PM
Digital wage pays off for workers: WB
Wage disbursements through digital payment methods is beneficial for employees as it helps increase savings and improves their ability to mitigate unanticipated financial shocks, according to a recent World Bank (WB) study.
2 January 2021, 18:00 PM
Business leaders expect recovery by mid-2021
Several business leaders and entrepreneurs have expressed their hope that Bangladesh’s economy will start to recover from mid-2021 after the Covid-19 vaccine arrives.
31 December 2020, 18:00 PM
2020: a turbulent year for apparel
For many, 2020 has been a year of despair. The unprecedented effects of Covid-19 have jolted economies and supply chains worldwide with Bangladesh being no exception.
28 December 2020, 18:00 PM
Covid poses challenges for LDC graduation
Bangladesh is set to graduate from the group of the least-developed countries but will face some challenges during the transition period because of the devastating impacts of the coronavirus pandemic, said a United Nations agency.
26 December 2020, 18:00 PM
A visionary who blazed trails for many
MA Hashem, a business tycoon, started as a humble tobacco trader in the early 1960s before becoming one of the leading entrepreneurs and industrialists in Bangladesh.
24 December 2020, 18:00 PM
Changing demands prove a boon for Lotto
The ongoing pandemic has been a blessing for Lotto Sport Italia as it enjoyed increased sales in Bangladesh for the past several months following a boom in the demand for low-cost, non-leather footwear products.
20 December 2020, 18:00 PM
Covid restrictions in Europe add to woes of garment suppliers
Lockdowns and tightening of coronavirus restrictions ahead of Christmas in several European countries to tackle the second wave of infections have started adding to the woes of garment exporters in Bangladesh.
16 December 2020, 18:00 PM
From RMG worker to valedictorian
Five years ago, Sadeka Begum had reached a crossroads. Looking to avoid early marriage, she left her remote village and came to Dhaka, and took up work at at an RMG factory as a floor worker.
16 December 2020, 18:00 PM
Women garment workers on the decline
Rapid automation, wage hikes and complex production process in the garment sector and marriages have narrowed the female workers’ participation in the apparel industry in Bangladesh, according to a survey.
14 December 2020, 18:00 PM
Garment exporters face storm as new orders drop
Apparel makers are once again facing trying times.
13 December 2020, 18:00 PM
Negotiations for FTA with Asean underway
Bangladesh has formally initiated negotiations with the Association of South-East Asian Nations (Asean) to sign a free trade agreement to enjoy greater market access in the bloc after graduating from the least developed country grouping.
13 December 2020, 18:00 PM
Garment sector to lose $4b in EU if duty-free benefit ends
Bangladesh’s garment exporters will lose $4 billion if the duty-free trade benefit for the country comes to an end in the European Union following its graduation to a developing nation, according to a new study.
6 December 2020, 18:00 PM
Bangladesh signs trade deal with Bhutan today
Bangladesh will ink its maiden preferential trade agreement (PTA) with Bhutan as the country looks to retain duty benefits following its graduation to a developing country from the least developed nation category.
5 December 2020, 18:00 PM