Businesses for delaying LDC graduation by up to 5 years
The country鈥檚 major trade bodies urged the government to seek a three- to five-year delay in Bangladesh's graduation from the Least Developed Countries status...
Tags : LDC GRADUATION
DCCI seeks more time for preparation
Dhaka Chamber of Commerce and Industry President Taskeen Ahmed said that Bangladesh requires some additional time to adequately prepare for its graduation from the Least Developed Country status...
Business leaders want extension of LDC graduation deadline
Leaders of major trade bodies and business chambers on Thursday sought extension of the time for LDC graduation of the country for three to five years to take preparation as they faced difficulties from the volatile economic conditions over the last few years...
Yunus stresses moving forward for LDC graduation
A high-level review meeting on the country鈥檚 preparation to graduate from Least Developed Country status to a developing country was held today with chief adviser Professor Muhammad Yunus in the chair...
Export-oriented agro industries emphasised
Home affairs and agriculture adviser Jahangir Alam Chowdhury on Saturday said Bangladesh鈥檚 agro-based industries should be more export-oriented to prepare the sector to face post-LDC graduation challenges...
Govt for swift, coordinated action for LDC graduation
Chief adviser Muhammad Yunus on Sunday called for urgent and coordinated action from all relevant agencies to ensure Bangladesh鈥檚 smooth and timely graduation from least developed country status...
Politicians, experts for delayed LDC graduation
Political leaders and economists on Wednesday called on the government to delay the country鈥檚 graduation from the Least Developed Country status, warning that it was economically and institutionally ill-prepared to manage the challenges that would come with a post-graduation status...
Impact on pharmaceutical sector
BANGLADESH鈥橲 pharmaceutical sector has experienced remarkable growth over the past few decades, transforming from a largely import-dependent industry to a thriving sector that meets most of the domestic demand for medicines. The sector is characterised by intense competition among local players, with a mix of large and small manufacturers operating in the...
Govt to form body to tackle LDC graduation challenges
The interim government has decided to form a high-powered committee to oversee potential challenges on the country鈥檚 path to graduating from the least developed country to a developing one in November 2026...
Move at full speed towards LDC graduation: Prof Yunus
Bangladesh interim government chief adviser Professor Muhammad Yunus on Tuesday directed the officials concerned to take all necessary precautionary measures so that no sector of the country is affected after its LDC graduation.
Bashir urges all to tap LDC graduation opportunity
Commerce adviser Sk Bashir Uddin on Wednesday urged the business community to utilize the opportunities after graduating from the Least Developed Country...
LDC graduation should proceed as planned: Touhid
Foreign affairs adviser Md Touhid Hossain on Monday emphasised that Bangladesh鈥檚 graduation from the Least Developed Countries category should proceed as scheduled in 2026, without seeking any deadline extension...
Bangladesh govt opts for LDC graduation in 2026
The advisory council of the Bangladesh interim government on Thursday decided that the country would graduate from the least developed countries鈥� bloc in 2026...
Delay of LDC graduation sought
The country鈥檚 private sector businesses have urged for deferring Bangladesh鈥檚 LDC graduation for at least 2 to 3 years, considering the prevailing global and local economic challenges, including a shortage of energy, high inflation, high interest rates and complexities in obtaining credit from banks...
LDC GRADUATION: Bashir for speedy execution of trade facilitation roadmap
Commerce adviser Sk Bashir Uddin has emphasised the urgent need to implement the trade facilitation roadmap to address the challenges associated with Bangladesh鈥檚 graduation from the least developed country status...
High external trade costs should be reduced for LDC graduation
EXTERNAL trade costs, the costs incurred in trading in goods and services internationally in addition to the price for which producers sell the goods and services, are significantly high. They are also higher than such costs in India, Malaysia, Vietnam and Singapore. Such high costs of external trade 鈥� which cover the cost of transport, taxes, infrastructure...
BCI calls for delaying LDC graduation by 3 years
The Bangladesh Chamber of Industries on Saturday urged the government to postpone the country鈥檚 graduation from the Least Developed Countries category for at least three years...
LDC GRADUATION: Bangladesh鈥檚 to be or not to be moment
BANGLADESH is scheduled to graduate out of the least developed country status in November 2026. An LDC鈥檚 graduation status depends on meeting the threshold in terms of income, human asset and vulnerability (economic and environmental)...
RMG exports to India, Japan to face high duty
Bangladesh鈥檚 readymade garment exports to non-traditional markets, especially India and Japan, would face significant challenges after the country鈥檚 graduation from Least Developed Country status in 2026, leading to higher duties.
High inflation drives 1.78cr people towards poverty
The erosion of purchasing power caused by high inflation between 2022 and 2024 has significantly deepened poverty and vulnerability, driving an additional 1.78 crore people in the country into poverty or at risk of poverty, according to a study...
Bashir for trade bodies鈥� capacity dev for graduation benefits
Commerce adviser Sk Bashir Uddin on Tuesday said that Bangladesh needed to enhance the capacity of different business organisations and human resources to enjoy the benefits of LDC graduation...
Apparel exports to EU may decline by 20pc: study
Bangladesh鈥檚 readymade garment exports to the European Union could decline by 20 per cent due to the combined impact of EU-Vietnam free trade agreement, or EVFTA, and Bangladesh鈥檚 transition from a least developed country to a developing nation, according to a study...
LDC graduation unlikely to raise medicine prices, but may affect exports: study
Bangladesh鈥檚 graduation from the least developed country to a developing one, in itself, is unlikely to increase the prices of medicine on the local market, but it may affect the exports of the products, according to a study...
Decision to be made after careful consideration: Salehuddin
Commerce adviser Salehuddin Ahmed on Sunday said that Bangladesh would not make any hasty decisions regarding its graduation from least developed country status, but...
Data discrepancy must be addressed before WTO negotiation: experts
Experts on Thursday said that the country should have a national strategy based on true data and benefit calculation before graduating from the least developed country list...
Businesses for LDC graduation delay as plan based on false data
Exporters on Monday urged the government to seek a deferral of the country鈥檚 graduation from the least developed country status to a developing country status, saying that the decision on the graduation was made based on fabricated economic data...