Bhutan wants to finalise 2017's transit deal to use Mongla, Banglabandha ports

Bhutan wants Bangladesh to make 2017’s transit route deal functional soon so that the landlocked country can use Mongla and Banglabandha ports to carry goods from and to Bangladesh through India.
1 June 2022, 13:58 PM

Square Pharma gets go-ahead to start manufacturing in Kenyan factory

The company will manufacture and sell generic pharmaceutical medicine in Kenya and East African Community (EAC).
31 May 2022, 14:38 PM

Gopalbhog mangoes of Rajshahi en route to Sweden

The first consignment of 500kg of Gopalbhog mangoes from Rajshahi is en route to Dhaka today to be exported to Sweden.
27 May 2022, 14:31 PM

Value addition criteria eased for apparel export subsidy

The government has eased the local value addition criteria for textile and garment makers to claim export subsidy.
9 May 2022, 14:45 PM

Export earnings up 51% to $4.73 billion in April

Export earnings soared 51.18 per cent year-on-year to $4.73 billion in April because of higher shipment of garment items amid gradual recovery of the global supply chain from the severe fallouts of the Covid-19 pandemic.
9 May 2022, 08:00 AM

Munshi demands fair prices from global garment buyers

Commerce Minister Tipu Munshi today demanded fair prices from the global clothing retailers and brands as the local exporters have been facing uneven price competition in the international markets.
28 April 2022, 14:50 PM

Another direct shipping service to connect Ctg with Rotterdam, Liverpool

Thanks to the success of the first direct container shipping service between Chattogram and Italy commenced in February this year, several Europe-based logistics providers now also want to launch such services for faster transportation of Bangladesh’s export cargoes.
27 April 2022, 14:54 PM

Customs offices to remain open during Eid holidays

The customs offices will remain open on a limited scale during the Eid and weekly holidays beginning from April 29 to May 4 to ensure smooth operation of export and import activities at the ports.
27 April 2022, 07:15 AM

Bangladesh Bank revises post import financing policy

The Bangladesh Bank today revised its policy for post import financing (PIF) in order to give clarification to banks as importers have faced complexities to get fund properly.
26 April 2022, 14:03 PM

Chinese company to invest $50m in Bepza economic zone

Chinese company Venus Beauty Ltd is going to set up a hair fashion accessories manufacturing industry in Bepza Economic Zone with an investment of $50 million.
25 April 2022, 09:14 AM

Govt to sign trade deals with EU, US: commerce secretary

Bangladesh has devised strategies for signing of deals with major trading partners to retain duty benefits even after the country’s graduation to a developing country in 2026, Senior Commerce Secretary Tapan Kanti Ghosh said today.
17 April 2022, 15:06 PM

66 best exporters to get ‘National Export Trophy’ tomorrow

The government is going to recognise 66 exporters with the "National Export Trophy" for being the highest foreign currency earner of the country in 2017-18 financial year.
6 April 2022, 11:41 AM

Chinese firm to invest $12.89m in Mongla EPZ for garment factory

Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.
5 April 2022, 09:43 AM

Exports rise 33%

Export earnings surged 33.4 per cent year-on-year to $38.6 billion in July-March period of the fiscal year buoyed by manufactured commodities mainly garments, providing a much-needed support to the country’s foreign exchange reserves, which is under pressure amid ballooning import bills.
4 April 2022, 13:08 PM

Indian export to Bangladesh rises 64.5%

India's merchandise exports to Bangladesh went up by 64.5 per cent in the financial year 2021-22 (April to March) over the previous fiscal 2020-21, Commerce Ministry data said today.
3 April 2022, 14:28 PM

Exports to Russia, Ukraine hit snag

Russia and Ukraine-bound exports, especially garments, are now faced with an uncertain future as shipping lines are understandably not too eager to carry goods to war zones.
6 March 2022, 18:00 PM

Bangladeshi products to get duty-free access to Australia even after graduation from LDC

Australia has officially assured Bangladesh of continuing duty and quota free treatment for Bangladeshi exports even after graduation from LDC in 2026.
1 March 2022, 08:54 AM

Export policy order for 2021-24 gets nod

The cabinet yesterday approved the draft Export Policy 2021-2024 with the aim to almost double Bangladesh’s export earnings to $80 billion from $45 billion within the period by facilitating shipments of diversified, non-traditional goods and labour based products.
28 February 2022, 18:00 PM

Don't impose duties on local goods in next fiscal: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the country’s revenue authority to avoid imposing any supplementary duty on locally produced goods in the next fiscal year.
26 February 2022, 14:46 PM

Apparel exports to China dwindle

Although Bangladesh’s overall export earnings from China increased 9.81 per cent year-on-year to $426.14 million in the last seven months, apparel shipments to the East Asian nation failed to meet expectations despite enjoying duty benefits.
22 February 2022, 18:00 PM