US trade deficit widens in May amid tariffs
The US trade deficit widened more than expected in May, with both imports and exports declining as US president Donald Trump鈥檚 tariffs sent shock waves through the economy and snagged supply chains.
Trade-Commerce
SONY greets new Computer Samity EC president
Sony International Bangladesh Branch head Ricky Lukas has recently congratulated Mohammad Zahirul Islam on becoming executive committee president of Bangladesh Computer Samity for the term 2025-27, said a press release.
COTTON IMPORTS: Textile millers for removal of 2pc AIT
Textile millers of the country have urged the government to withdraw a 2 per cent advance income tax imposed on imported cotton recently.
Where do trade talks stand in the rush to avert higher US tariffs?
As a Wednesday deadline approaches for steeper US tariffs to hit dozens of economies ranging from the EU to India, trade negotiations with president Donald Trump鈥檚 administration are coming down to the wire.
German factory orders drop faster than expected
German industrial orders fell faster than expected in May, official data showed Friday, a bad sign for Europe鈥檚 biggest economy even as it faces the threat of higher US tariffs.
Bangladesh, Pakistan businesses hold meeting
Businessmen and entrepreneurs from both Bangladesh and Pakistan see huge trade potential in sectors such as pharmaceuticals, surgical products, equipment, electronics, and intermediary industrial goods...
Indonesia to buy jute, jute goods
Indonesian ambassador to Bangladesh Arif Suyoko has said that his country is interested in importing jute and jute goods from Bangladesh...
Tesla reports lower car sales, extending slump
Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk鈥檚 political activities...
Tech integration can boost SME sector:聽Salehuddin
Finance adviser Salehuddin Ahmed on Wednesday laid emphasis on ensuring greater financial access, technological integration, and global market connectivity for the country鈥檚 small and medium enterprise sector...
Indian exporters anxious, but hopeful
Indian exporters are anxiously eyeing the possible reintroduction of Donald Trump鈥檚 punishing tariffs next week, though many hold out hope for a last-minute reprieve...
Businesses await July 3 meeting with USTR
Businesses of the country are eagerly waiting for the July 3-meeting between representatives of the Bangladesh government and the United States Trade Representative in Washington, DC regarding reciprocal 37 per cent tariff imposed by Donald J Trump administration on April 2...
DCCI for long-term logistics master plan to boost trade
The Dhaka Chamber of Commerce and Industry has urged the government to formulate a comprehensive long-term master plan for logistics sector to ensure a resilient and competitive trade ecosystem...
Soaring NPLs impede credit flow, investment: DCCI
The banking sector鈥檚 worsening crisis, driven by a sharp rise in non-performing loans is choking credit flow and weakening the business environment in the country...
China reaches trade deal framework with US
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift 鈥榬estrictive measures鈥� while Beijing would 鈥榬eview and approve鈥� items under export controls.
Industries adviser for boosting local paper output
Industries adviser Adilur Rahman Khan on Friday stressed the need to enhance paper production in the country instead of depending on imports to meet local demand.