The developed nations are experiencing record inflation in decades and taking tough steps to control spending, which will dampen consumer demand -- a concern for Bangladesh that depends on exports to these countries, said the International Chamber of Commerce-Bangladesh (ICCB).

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) targets exporting $100 billion worth garment items from the country by 2030 as the local apparel suppliers are diversifying the products and markets.

Bangladeshi mangoes with its flavour and taste are winning hearts in many foreign lands.

The Chittagong Port Authority (CPA) has recently saved a severely damaged oceangoing ship, victim of an accident mid sea, which could have caused loss of export cargoes worth Tk 800 crore and block the whole channel for future navigation.

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.

The Bangladesh Vegetable Oil Refiners’ and Vanaspati Manufacturers’ Association has set the highest retail price of each litre of loose oil at Tk 180, down from Tk 185.

China is going to increase the tariff-free quota benefit for more Bangladeshi goods to minimise the trade imbalance between the two countries.

India has allowed wheat shipments of 469,202 tonnes since banning most exports last month, but at least 1.7 million tonnes is lying at ports and could be damaged by looming monsoon rains, government and industry officials told Reuters.

India's economic growth slowed to the lowest in a year in the first three months of 2022, hit byweakening consumer demand amid soaring prices that could make the central bank's task of taming inflation without harming growth more difficult.

Despite collecting lakhs of crores of taka in revenue, every time the government falls short of fund to finance the whole budget and has to take crores of taka in loan from local and foreign sources.

Alibaba shares fell as much as 9% on Tuesday after a state media report that Chinese authorities had taken action against an individual surnamed Ma, but recouped losses after the report was revised to make clear it was not the company's founder.

The American Apparel and Footwear Association (AAFA) has agreed to work for the promotion of Bangladesh’s garment sector so that the south Asian country can reinstate the generalised system of preferences status to the US market.

Russian exports of all commodities from oil and metals to grains will be severely disrupted by fresh Western sanctions, dealing a blow to Russia's economy and hurting the West with a spike in prices and inflation, traders and analysts said.

The German business climate improved again in February, survey data published Tuesday showed, despite the aggravation of the crisis in Ukraine and persistent supply chain issues.

Pfizer Inc said on Tuesday it expects 2022 sales of its Covid-19 vaccine and antiviral pill to top $54 billion, but that fell short of lofty Wall Street estimates and its shares were off about three percent.

The general council of the World Trade Organisation (WTO) agreed late Friday (November 26) to postpone its imminent ministerial conference after an outbreak of a particularly transmissible strain of the Covid-19 virus, leading several governments to impose travel restrictions that would have prevented many ministers from reaching Geneva.

A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.

Even as Indonesia wins cautious praise from some green groups for ambitious plans to cut carbon emissions, the world’s biggest exporter of thermal coal shows no sign of weaning itself off the polluting fuel any time soon.

The two-day 2nd Global Business Summit 2021 will be held on September 29-30 in Dubai, the UAE, with an aim to harness business opportunities for Bangladeshi entrepreneurs and aid the country’s overall development.

Asia’s factories hit a rough patch in July as rising input costs and a new wave of coronavirus infections overshadowed solid global demand, highlighting the fragile nature of the region’s recovery.