Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
During the meeting, the two Ministers signed two Memorandums of Understanding (MoUs) on cooperation in the energy and agriculture sectors between the two countries. While the MoU on energy sector aims to promote long-term sale and distribution of traditional form of energy in Bangladesh and to develop new and renewable energy sources and power plants, […]
The European Union is the largest market for readymade garments. Bangladesh will get GSP Plus facility in this market for three years after its admission from LDC to developing countries. After this, Bangladesh will have to fulfill certain criteria to get GSP plus facilities. The European Commission has already finalized the draft of the new […]
But, he noted that despite significant potential, bilateral trade between Bangladesh and South Africa stood at only US$ 316.83 million last year, well below its full potential. “This presents a promising opportunity for cooperation given the export and import potential of both countries,” he added. PM Hasina said that she is confident that there are […]
Syed Mahbubur Rahman, managing director of Mutual Trust Bank (MTB), saw a slight improvement in the dollar crisis, but said the crisis was still there. “We still cannot open letters of credit (LCs) as per the demand of the customers. Foreign trade cannot be done as easily as before. Foreign banks do not give loans […]
The garment manufacturers, which employ millions of Bangladeshis directly and indirectly, export finished garments to regions including Europe, North America, Japan and Australia. According to industry players, air freight usually costs $8 to $10 per kg. A large European buyer has asked an apparel maker to slash delivery prices by 5% because of delays, an […]
According to the letter sent by IMF Resident Representative Jayendu Dey to the Commerce Secretary regarding the convening of the meeting, the agenda of the meeting was update on customs policy making, impact of trade agreements and agreements on tariff rates, digitization of customs administration. and technical assistance in the implementation of these programmes. According […]
The eighth MOC is the MOC in the field of information and communication technology involving cyber security between the ICT Division, Ministry of Posts Telecommunications and Information Technology and Ministry of Foreign Affairs of Japan. Agriculture Minister Muhammad Abdur Razzaq, National Board of Revenue Chairman (Senior Secretary) Abu Hena Muhammad Rahmatul Munim, Commerce Ministry Senior […]
A decade has passed since Rana Plaza was razed. However, the renovation of the garment factories is not over yet. The work started slowing down after the alliances formed at the initiative of the European buyers left Bangladesh. Accord, a consortium formed at the initiative of the European buyers, left Bangladesh in June 2020. Since […]
Bangladesh Bank (BB) has approved Bangladeshi airlines and shipping companies to open foreign currency accounts, UNB reports. These shipping and airline companies are expanding their services abroad and earning foreign exchange. The central bank said in an announcement on Tuesday that companies can meet essential expenses from these accounts.
Eligible countries must implement international conventions on human rights, labor rights, the environment and good governance. There are some fairly stringent requirements for GSP Plus accession and Bangladesh has already ratified the 32 conventions it now requires for GSP Plus membership. Bangladesh’s graduation from LDC status in 2026 would also mean graduation from the current […]
