Bangladesh Knitwear Manufacturers and Exporters Association president Mohammad Hatem said that the industrialist have proposed the government to provide Tk聽550 crore to import liquefied natural gas to address the ongoing gas issues in the country鈥檚 garment and textile sector...
The opening of letters of credit (LCs) for imports rose in the first nine months of the 2024鈥�25 fiscal year, displaying a gradual recovery in business activity after months of political turmoil...
The National Board of Revenue (NBR) is contemplating the introduction of a more simplified process for compliant import duty and tax payers to import the goods they need, helping them to do business more easily...
The Bangladesh Bank on Sunday allowed banks to make payments against discrepant import bills if the importer accepts the discrepancies on reasonable grounds...
The National Board of Revenue has issued a gazette notification regarding the ban on the import of yarn and some other products through the country's land ports from India, Nepal and Bhutan, following repeated demands from local textile millers...
Another consignment of 10,850 tonnes of Indian parboiled rice arrived at the country鈥檚 premier seaport, Chattogram Port on Thursday...
Chairman of China Export-Import Bank Chen Huaiyu on Thursday said that his bank would support the relocation of Chinese manufacturing plants to Bangladesh to make the country a platform for export to other nations...
World powers on Thursday blasted US president Donald Trump鈥檚 steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies...
The government has started a move to halt the import of yarn through the country鈥檚 land ports as these ports lack the proper testing capacity of the yarns, according to a meeting of the Ministry of Commerce held on Monday...
The opening of letters of credit (LCs) for imports increased in the first eight months of the 2024-25 fiscal year compared to the same period in the previous year, reflecting a gradual recovery in business activity...
ASEAN diplomats recently visited ICC Bangladesh and held a meeting with its president Mahbubur Rahman and vice-presidents AK Azad and Naser Ezaz Bijoy...
To keep the prices of fresh fruits within the people鈥檚 purchasing capacity during the holy month of Ramadan, the government issued two new notifications on March 16, slashing import duties on fresh fruit in the public interest...
Fresh fruits imports have been witnessing a declining trend for the past few years, according to the traders, mostly due to raising various types of duties, depreciation of taka against US dollar and inflationary pressure which impacted the living costs...
The advisory committee of the government purchase in a meeting on Wednesday approved two proposals for importing two cargos of liquefied natural gas...
Dates have always been a special item for Iftar during the Ramadan in Bangladesh. However, in recent years, the fruit has advanced beyond just a Ramadan delicacy to become a common part of daily consumption...
Consumers have expressed satisfaction over the declining prices of dates, following an import volume that has doubled compared to market demand ahead of Ramadan...
Chinese ambassador to Bangladesh Yao Wen has expressed interest in importing 1,000 tonnes of Hilsa from Bangladesh...
The Bangladesh Single Window system (BSW), launched on January 2, has significantly facilitated the country鈥檚 export-import activities by reducing time and costs, according to a statement from the National Board of Revenue issued on Wednesday...
US聽PRESIDENT Donald Trump announced 25 per cent tariffs on foreign steel and aluminium imports聽on February 10, doubling down on his protectionist agenda to 鈥榖oost鈥� the US economy through import taxes, a move that could disrupt trade with key partners. Set to take effect on March 4, the tariffs will impact the 25 million tonnes of steel the US imports...
OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country鈥檚 second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...
IN TODAY鈥橲 fast-paced, sedentary world, we are all aware of the importance of regular exercise for physical health. From heart function to muscle tone, exercise is a fundamental pillar of a strong, well-functioning body. However, fewer people recognise its crucial role in boosting brain power. Regular physical activity significantly enhances cognitive abilities...
For the first time, Bangladesh has imported molasses from Pakistan through Mongla Port...
MUSEUMS are establishments where representative objects of cultural and historical importance of a nation are showcased for the public. As we go deep into the genesis of the word 鈥榤useum鈥�, we learn that it is derived from the word 鈥榤use鈥� in English adopted into its vocabulary from the Greek word 鈥榤ousa鈥�, meaning 鈥榤use鈥� or 鈥榯hink deeply鈥� over...
The country鈥檚 textile sector businesses have requested finance adviser Salehuddin Ahmed to impose a ban on yarn imports using the customs houses of all land ports in the interest of the country鈥檚 textile sector...
The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the financial year 2024-25, losing Tk 2.58 per share....
Sri Lanka announced the lifting of a five-year ban on vehicle imports Tuesday as the country showed further signs of emerging from its worst economic meltdown...
The cost of import and export in Bangladesh is significantly higher than India, Malaysia, Vietnam and Singapore due to inefficient customs clearance and uncompetitive logistics services.
Bangladeshi importers and businessmen see big opportunities and potentials in importing dates, oranges, other fruits and agricultural products from Pakistan to meet the demand throughout the year, including during the holy month of Ramadan...
Interim government鈥檚 food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs...
The Bangladesh Bank has extended the payment period for imported raw materials and agricultural inputs from 180 days to 360 days...