Forced labor and excess production: US hearing this month, flaws in Bangladesh’s preparation

According to the Office of the United States Trade Representative (USTR), the investigation will examine whether the policies, measures, or production structures of the countries concerned are unfair or discriminatory and whether they adversely affect US trade. In the case of Bangladesh, the investigation will mainly focus on whether there is spare production capacity in […]

US is investigating whether Bangladesh has excess production capacity

Apart from Bangladesh, the 15 other countries under investigation are China, European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Mexico, Japan and India. In the statement, Greer said the United States will not allow its industrial capacity to be diminished for the benefit of other countries. In other words, Washington […]

Bangladesh expected to have record grain production in 2023: FAO report shows increased production despite natural disasters

Citing the latest Integrated Food Security Phase Classification (IPC) analysis, the FAO report said about 16.5 million people will face high levels of acute food insecurity from April to October 2024, while the number is projected to be 14.6 million in the February to March 2024 period. Recently, the Food and Agriculture Organization (FAO) has […]

Citi Group’s Fol-O Strawberry Candy: First confectionery in Bangladesh with AI-designed packaging

The team at Speech Bubble Communications Ltd. explains, “The process of designing with AI is not straightforward. It starts with the conceptualization of a creative idea, formulation of precise signals and the necessary inclusion of human expertise to transform the vision into reality. We express our gratitude to our visionary client, Citigroup, for embarking on […]

Fading supply problems underpin German manufacturing slowdown

Germany’s manufacturing sector slumped in December as supply chain problems helped cushion the decline, although weak demand continued to weigh on sentiment, a survey showed on Monday. S&P Global’s final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of Germany’s economy, rose to 47.1 from November’s 46.2. While this was the […]