India's forex reserves drop to lowest since July 2020

India's foreign exchange reserves fell to $524.52 billion in the week through Oct. 21 to remain at their lowest since July 2020, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.
29 October 2022, 07:06 AM

India extends curbs on sugar exports by a year

India, the world's biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.
29 October 2022, 06:56 AM

3-day US Trade Show begins Thursday

The three-day US Trade Show will begin in the capital on October 27 to showcase American products and services in Bangladesh and give a boost to the bilateral trade.
25 October 2022, 14:45 PM

BGMEA urges Italy to invest more in Bangladesh

Local garment makers have urged the Italian clothing retailers and brands to source more apparel items from Bangladesh and invest more in the south Asian country.
23 October 2022, 15:27 PM

‘Ratify Hong Kong Convention to lead in ship recycling’

Bangladesh should ratify the Hong Kong Convention, as the declaration will help the south Asian country become the leader in the ship recycling industry, Norwegian Ambassador Espen Rikter-Svendsen said today.
23 October 2022, 14:54 PM

Five state economic zones got $22 billion investment proposals

Five state-run economic zones have received $22.17 billion investment proposals, which are expected to generate employment opportunities for around 8.16 lakh people.
23 October 2022, 11:23 AM

‘Ensure safe meat, egg for a healthy nation’

The government targets making available 160 grams of meat a day and 208 eggs a year for per person by 2041, said Monjur Mohammad Shahjada, director general of the Department of Livestock Services.
22 October 2022, 14:01 PM

‘Lack of integrated policy slows export diversification’

Bangladesh has made limited progress in export diversification because of the absence of integrated policy and slow implementation of current strategies, experts said.
22 October 2022, 12:47 PM

Five-day Going Green exhibition by Danish embassy ends

The Embassy of Denmark in Bangladesh has hosted a five-day exhibition, called ‘Going Green’, at Bay’s Edge Gallery in Dhaka to highlight green solutions that can support sustainable and inclusive economic growth.
22 October 2022, 08:50 AM

High duty an obstacle for Bangladesh’s export to Malaysia: Munshi

The country could not harness the export potential of Malaysia because of high tariff imposed on Bangladeshi goods, Commerce Minister Tipu Munshi said today.
20 October 2022, 10:43 AM

Adopt ‘no electricity no pay’ policy now, CPD urges govt

The government should take no electricity no pay policy now, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD).
20 October 2022, 07:32 AM

Dollar shortage, rising inflation among 7 crises affecting Bangladesh: CPD

Bangladesh is facing at least seven crises at present, the Centre for Policy Dialogue (CPD) said today.
20 October 2022, 06:39 AM

'India’s experiences in SME development can be used in Bangladesh'

Bangladesh may use the Indian experience in the development of their small and medium enterprises, analysts said today.
19 October 2022, 14:50 PM

Human rights abuse: Marks & Spencer to stop sourcing from Myanmar

British retailer Marks & Spencer (M & S) is going to stop sourcing apparel items from Myanmar from next year citing the reasons of human rights abuse.
14 October 2022, 05:07 AM

Bangladesh made remarkable progress in workplace safety: BGMEA chief

Bangladesh has earned global accolades for making remarkable strides in the areas of workplace safety, environmental sustainability and workers’ rights and welfare in the garment sector, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
13 October 2022, 15:20 PM

Jica should facilitate Matarbari as a petrochemical hub: FBCCI

The Japan International Cooperation Agency (Jica) should facilitate establishing a petrochemical industry in Matarbari-Moheshkhali project area, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
13 October 2022, 14:49 PM

‘Businesses should be environment-friendly in Bangladesh’

Businesses should be environment-friendly in Bangladesh and they should ensure good governance to build a safer earth, analysts said today.
13 October 2022, 14:21 PM

Oct 15’s SAFA event of ICAB targets solving economic crisis

Professional accountants can play an important role in solving the south Asian economic crisis caused by the Ukraine war, dollar shortage, global fuel oil price hike and commodity transportation disruptions, experts said today.
13 October 2022, 13:44 PM

Bangladesh has huge export potential in Kosovo: DCCI

Bangladeshi investors should invest more in Kosovo to expand the south Asian country’s export market in the landlocked nation, Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI), said today.
10 October 2022, 11:55 AM

Beximco raises 32.5m euros from Dutch bank

Beximco Ltd has raised 32.5 million euros from Dutch financial institution ING Bank in order to expand its knit fabric facility, said a press release today.
6 October 2022, 16:05 PM