NBR blocks share transfer by 7 groups
The National Board of Revenue on Wednesday asked the office of the Registrar of Joint Stock Companies and Firms to immediately suspend sales and transfers of shares by seven business groups...
Tags : export
India lifts ban on rice export
Indian government lifted the ban on the export of non-basmati white rice on Friday, about 14 months after imposing restrictions on rice export...
Improved air cargo management to enhance export
EFFICIENT cargo handling is crucial for export-driven economies like Bangladesh. Air transport plays a significant role in logistics management, accounting for 6.20 per cent of exports. Due to the short seasonal cycles in the global fashion industry, apparel buyers increasingly rely on air transport to ensure products are shipped within the stipulated time...
Bangladesh's apparel exports to EU drop by 4.84pc in Jan-July
Bangladesh鈥檚 apparel exports to the European Union in the first seven months, or January-July period, of 2024 declined by 4.84 per cent, which was slightly better than the...
Bangladesh labour activists call for right to form unions, collective bargaining in EPZs
Labour leaders and advocates on Tuesday demanded the right to form unions and engage in collective bargaining for workers in Bangladesh鈥檚 Export Processing Zones (EPZs).
Beximco seeks govt support to sustain operations
The Beximco Group has sought support from the government to maintain its export-oriented garment and textile operations...
Govt defends hilsa export
Finance, commerce, science and technology adviser Salehuddin Ahmed on Sunday defended the decision of exporting 3,000 tonnes of hilsa to India on the eve of Durga Puja, the biggest religious festival of the Hindu community...
Legal notice seeks ban on Hilsa export to India
A legal notice has been served to the authorities concerned, seeking actions within three days to stop the export of 3,000 tonnes of Hilsa to India...
Minimum wages for non-RMG export sector workers poor
Workers in different export sectors except readymade garments in the country earn minimum wages ranging from Tk聽6,700 to Tk聽8,050, a level that labour rights advocates deem inadequate and insufficient to meet basic living costs...
Stakeholders hold meeting to facilitate export shipments by air
A meeting between the Export Promotion Bureau, the Bangladesh Freight Forwarders Association, the Civil Aviation Authority of Bangladesh, the Bangladesh Biman Airlines and foreign airlines was held on Sunday to discuss smoothing of export shipments by air, air freight management and other issues, said a press release...
Bangladesh to export 3,000 tonnes of hilsa to India ahead of Durga Puja
The government has decided to export 3,000 tonnes of hilsa to India on the eve of Durga Puja, the biggest religious festival of the Hindu community.
Divided at home, divided abroad
BANGLADESH has adopted a policy of exporting its human resources abroad for 45 years. And, the size of that export, known as expatriate population, has increased by millions. Beyond this practice, Bangladesh also witnessed an ever-increasing voluntary departure of population in the form of brain drain in addition to another category, the unemployed,...
Labour situation in RMG sector improves
The labour situation in the readymade garment sector in Ashulia and Gazipur industrial areas improved on Sunday while fresh unrest occurred in the Dhaka metropolitan area on the day...
India removes minimum export price on onions
The government of India has removed the minimum export condition on onion exports with immediate effect, as per a notification issued on Friday...
Chinese exports top forecasts, but imports slow
China鈥檚 exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country鈥檚 leaders struggle to boost consumption in the world鈥檚...
Export target set at $57.5b for FY25
The government has set the country鈥檚 export earnings target at $57.50 billion with 12.59 per cent growth for the financial year 2024-25...
RMG export to US falls in Jan-July
Bangladesh鈥檚 apparel exports to the United States in January-July of 2024 witnessed a significant fall both in value and volume while the other competing countries, such as China and Vietnam, performed well in the market...
Starmer defends Israel arms suspension as 鈥榣egal decision鈥�
UK prime minister Keir Starmer defended on Wednesday his government鈥檚 partial suspension of arms exports to Israel over fears they could be used in a breach of humanitarian law as 鈥榓 legal decision鈥�...
Export-import between Bangladesh, India via railway resumes
Export and import activities between Bangladesh and India have resumed via railway through Benapole land port on Wednesday morning, after being suspended for 47 days...
BB makes EDF loans costlier
The Bangladesh Bank on Monday made loans in dollars from the Export Development Fund more expensive by tying the interest rate to the secured overnight financing rate (SOFR), which is significantly higher than the current rate for EDF loans...
Banks asked to give exporters loans to pay staff salaries for Aug
The Bangladesh Bank has instructed the country鈥檚 commercial banks to extend loan facilities to export-oriented industries for the payment of salaries and allowances for August, saying that the recent disruptions from political instability and global economic conditions affected timely export value repatriation...
Members demand dissolution of BGMEA, BUFT boards
A group of members of the Bangladesh Garment Manufacturers and Exporters Association on Saturday demanded dissolution of the current boards of the BGMEA and BGMEA University of Fashion and Technology...
BEPZA donates to CA鈥檚 relief fund
Employees of the Bangladesh Export Processing Zones Authority have donated a sum equivalent to their one day鈥檚 salary to the Chief Adviser鈥檚 Relief and Welfare Fund, said a press release...
Hatem becomes BKMEA president as Salim Osman resigns
Mohammad Hatem, managing director of MB Knit Fashion Ltd, has been appointed as president of the Bangladesh Knitwear Manufacturers and Exporters Association following the resignation of Salim Osman from the position...
RMG supply chain disrupted by flood
The country鈥檚 apparel makers on Saturday said that the recent flooding had disrupted the readymade garment sector supply chain by submerging the Dhaka-Chattogram highway and sought alternative routes for transportation of goods in time of any natural calamities...
Businesses seek more security for smooth supply chain
Business leaders on Thursday sought support from the Bangladesh Army for preventing extortion and enhanced security for industrial and commercial establishments to ensure an uninterrupted supply chain...
Bangladesh鈥檚 RMG export to EU drops in Jan-June
Bangladesh鈥檚 apparel exports to the European Union in the first half of 2024 declined by 4.98 per cent to 8.72 billion euros compared with those of 9.18 billion euros in in the same period of 2023, according to data from the Eurostat, statistical office of the European Union, released on Saturday...
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...
4 BB officials, alleged of providing $30m to Salman in Aug, resign
Four top officials of Bangladesh Bank submitted their resignation letters on Monday to the Financial Institution Division after allegations of giving US $30 million to Salman F Rahman on August 4 from Export Development Fund surfaced.
Businesses seek more security for industrial units, goods transport
The country鈥檚 business leaders on Sunday sought more security for factories and goods carrying vehicles on roads and highways...