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ULAB hosts national symposium on Kenyan author

The University of Liberal Arts Bangladesh on Thursday hosted a national symposium on Kenyan author and academic Ngügi wa Thiong’o at Mohammadpur in the capital Dhaka...

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LC opening for imports edges up

The opening of letters of credit (LCs) for imports increased slightly in the fiscal year 2024–25, suggesting a modest recovery in trade activity following months of political unrest and economic uncertainty...

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2.2 lakh tonnes wheat import from US okayed 

The interim government on Wednesday decided to procure 2.20 lakh tonnes of wheat from the United States at Tk 817.57 crore in a bid to avert a high US tariff on Bangladeshi goods...

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Is it ending?

IT IS hard to decide what is more surreal: that the United States is threatening 50 per cent tariffs on Brazilian imports in the name of ‘reciprocity’ or that global markets, once jittery at the mere whisper of Trumpian trade tantrums, are now brushing off these ultimatums with a shrug and record-breaking rallies...

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Gambia announces mpox outbreak

The Gambia reported an outbreak of mpox on Tuesday with detection of a single case, as several nearby countries have recorded recent increases in infections...

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MoU signed for US wheat import amid tariff threats

Bangladesh on Sunday signed a memorandum of understanding with the United States to import 7 lakh tonnes of wheat annually for the next five years amid the threat of facing 35 per cent US tariff on its exports from the next month...

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BEAR Summit, symposium on semiconductor ends

With immense enthusiasm and active participation from people across diverse sectors, Bangladesh hosted its first-ever BEAR Summit 2025 (biotech, electronics, ai and robotics summit) and National Semiconductor Symposium, concluding the landmark event on a high note...

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Community Bank Investment signs MoU with Khushi Composite

Community Bank Investment Limited, a fully owned subsidiary of Community Bank Bangladesh PLC, has been appointed as a corporate adviser for Khusi Composite Limited’s Tk 200 Crore syndication financing initiative...

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BADC renews fertiliser import agreement with Morocco

Bangladesh Agricultural Development Corporation under the supervision of the Ministry of Agriculture renewed the fertiliser import agreement with the OCP Nutri Groups in Casablanca, Morocco on Wednesday...

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Govt to make record $2.02b ACU payment

Bangladesh is set to make its highest Asian Clearing Union (ACU) import payment in three years, with around $2.02 billion due for imports made during May and June...

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Benapole port resumes operations as NBR shutdown ends

Export-import operations and cargo handling at the country’s largest land port, Benapole Land Port, resumed in full swing from Monday morning after the NBR Reform Unity Council withdrew its shutdown programme.

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Promising numbers, persistent challenges

EDUCATION remains the most powerful tool for individual empowerment and societal transformation. In a country like Bangladesh, where more than a third of the population is under 25, investment in education is not just a moral imperative; it is a strategic necessity. The fiscal year 2025–26 budget offers a critical opportunity to reflect on the government’s priorities in this...

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DCCI urges ports to remain open in Eid vacation

Dhaka Chamber of Commerce and Industry president Taskeen Ahmed on Wednesday urged all the ports of the country to keep their export-import activities normal during the long vacation on the occasion of Eid-ul-Azha and other festivals...

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Bangladesh urges Lanka to boost medicine import

Foreign affairs adviser Md Touhid Hossain on Tuesday called upon Sri Lanka to increase its import of pharmaceutical products from Bangladesh, highlighting the strength, global standards, and competitiveness of the country’s pharmaceutical sector...

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LC opening for imports rises

The opening of letters of credit (LC) for imports increased in the first 10 months of the 2024–25 fiscal year, displaying a gradual recovery in business activity after months of political turmoil...

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Trump to double steel, aluminum tariffs to 50pc

US president Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 per cent from next week, the latest salvo in his trade wars aimed at protecting domestic industries...

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China to collaborate in textile sector

The Chinese Enterprises Association in Bangladesh (CEAB) and the China Chamber of Commerce for Import and Export of Textiles signed a memorandum of understanding aimed at enhancing bilateral cooperation in the textile and apparel sector...

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Excessive dependence on LNG import is no solution

AN ACUTE gas crisis has severely affected industries and households in Dhaka and elsewhere. The supply of gas plummeted on May 29 after imported liquefied natural gas unloading had been suspended because of inclement weather. The power sector on May 27 received 941.3mmcfd of gas against the demand for 2420.9mmcfd while the fertiliser sector received...