China to exempt some Nexperia chips from export ban
China said Saturday it will exempt some Nexperia chips from an export ban that was imposed over a row with Dutch officials and has alarmed European businesses...
China said Saturday it will exempt some Nexperia chips from an export ban that was imposed over a row with Dutch officials and has alarmed European businesses...
South Korea’s economy grew 1.2 per cent in the third quarter, preliminary data from the central bank showed Tuesday, with consumption boosted by government vouchers and exports remaining strong despite global trade tensions...
AS POORER nations spend about 6.5 per cent of export revenues servicing external debt, while world military and police spending skyrockets, it’s unlikely most countries will have the political will to shift priorities from social destruction to social care...
Rahman Rahman Huq, Chartered Accountants (KPMG in Bangladesh), organised a workshop on the ‘New Corporate Tax Landscape and Transfer pricing,’ reviewing the country’s fiscal framework, Export Processing Zone operations, and international tax developments, said a press release...
The Pacific Jeans Group has decided to reopen its eight factories in the Chattogram Export Processing Zone today...
The exporters of the country on Monday expressed their concern on production and export delay and supply disruptions following the devastating fire at the cargo village of Dhaka›s Hazrat Shahjalal International Airport...
The country’s gross foreign exchange reserve has crossed $32 billion after 31 months amid increased remittance and export earnings...
Heavy reliance on imported raw materials has impacted competitiveness of the country’s furniture sector on international markets...
Bangladesh’s apparel exports to the European Union countries witnessed a 13.13 per cent year-on-year growth in the January–August 2025 period, reaching €13.48 billion, according to the Eurostat, released recently...
The devastating fire that broke out at Adams Caps and Textile Limited in the Chattogram Export Processing Zone on October 16 afternoon was brought under control on Friday morning after 17-hour efforts.
A massive fire that broke out at the Chattogram Export Processing Zone on Thursday afternoon spread throughout the building as firefighters struggled to contain the blaze.
The country’s readymade garment exports to major markets experienced either narrow or moderate growth, with some markets seeing a decline during the July-September period, the first quarter of the current financial year 2025-26.
German exports unexpectedly dropped in August, hit by a fifth straight decline in shipments to the United States, official data showed Thursday, as the tariffs blitz takes a toll.
The US Treasury announced sanctions on more than 50 people, companies and ships tied to Iran’s oil sector on Thursday, stepping up its campaign against a key revenue source for Tehran...
Several thousand workers of different factories under the Pacific Group at the Chattogram Export Processing Zone staged demonstration on Thursday, alleging harassment by the police in connection with a case filed over vandalising a police vehicle in 2024.
China’s commerce ministry announced new controls on the export of rare-earth technologies and items on Thursday, adding to regulations on a critical industry that has been a key source of tension between Beijing and Washington...
When Donald Trump was elected, Indian garment exporter RK Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom...
Bangladesh’s exports of non-leather footwear have witnessed a sustained growth over the past five years...
Bangladesh Bank has allowed exporters to use insurance coverage from local companies for shipments under open account credit terms...
MACROECONOMIC headlines — GDP growth, export earnings and fiscal shifts — show what Bangladesh has achieved over decades. Yet, beneath the national progress lies a quieter revolution: the strengthening of the local economic development systems to make growth inclusive and resilient. As national growth moderates and climate threats intensify, empowering...
THIS is heartening that the agro-processed food industry has expanded domestically faster than what it has done in export to global market. The overall processed food market, which now employs about 250,000 people, is reported to have grown to $8 billion in Bangladesh, at an annual growth rate of 8 per cent, accounting for about 1.7 per cent of the gross domestic...
The country’s export earnings experienced a 5.64-per cent growth reaching $12.31 billion in July-September period of the 2025-26 financial year, primarily driven by readymade garments.
Shipping and labour and employment adviser Brigadier General (retd) M Sakhawat Hossain met with UAE minister of energy and infrastructure Suhail Mohamed Al Mazrouei in Dubai on October 2 to discuss key areas of bilateral cooperation...
Cumilla Export Processing Zone, established in 2000 to accelerate industrialization, investment, employment and exports, has emerged as one of the leading industrial hubs of Bangladesh, creating employment for around 50,000 people and setting a new record in exports this year...
THE government’s failure overshadows its achievements efforts for export diversification. It has put in efforts for two decades, yet apparel as a single sector continues to dominate export earnings. Whilst apparel accounted for about 85 per cent of the overall export earnings of $50 billion in the 2024 calendar year, suggesting a heavy reliance on a single export item that has...
The government has made a lot of efforts over the past two decades to diversify the country’s export base, but has failed to get expected outcomes ahead of the country’s graduation from the least developed country bloc – scheduled for the next year, said economists.
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector...
BANGLADESH’S economic journey is often told as one of overcoming impossible odds. With scarce land, fragile infrastructure, chronic political turmoil and bureaucratic bottlenecks, the country has long seemed ill-suited for large-scale industrialisation. Yet two institutions have fundamentally altered that trajectory. The Bangladesh Export Processing Zones Authority...
The National Board of Revenue allowed partial export-oriented industrial enterprises to import raw materials duty-free against bank guarantees...
Bangladesh and Uzbekistan have agreed to deepen cooperation in multiple areas, with a particular focus on creating opportunities for sending semi-skilled and skilled manpower from Bangladesh to Uzbekistan...