External trade cost high
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.
Tags : trade
APPAREL, TEXTILE SECTORS: Trade bodies urge govt not to increase gas price
Apparel and textile sector trade bodies on Monday wrote to the interim government demanding suspending the plan to increase the price of gas for the industrial sector and captive power plants...
Gold trader shot, robbed at Beribadh
Robbers shot a gold trader and robbed him in the capital鈥檚 Beribadh area on Thursday night, said the police.
Pakistan envoy stresses reducing trade gap
Pakistan high commissioner to Bangladesh Syed Ahmed Maruf on Thursday stressed promoting business and reducing trade gap between Bangladesh and Pakistan for the benefit of the two countries...
Building, wood, electrical expos begin
The 8th edition of international exhibitions showcasing the latest advancements in building infrastructure, wood, furniture and electrical sectors began on Thursday, said a press release...
Two currency traders stabbed, Tk 1cr looted
Muggers allegedly stabbed two money-changers and looted Tk 1 crore worth of foreign currencies in capital鈥檚 Gulshan area on Tuesday night...
2 trade shows for building materials begin tomorrow
Two three-day international sourcing shows under-one-roof related to building, construction, wood and woodworking technology will be held in the capital Dhaka from January 23 to 25...
DCCI for policy reforms for post-LDC transition
Dhaka Chamber of Commerce and Industry president Taskeen Ahmed stressed the need for urgent reforms and modernisation of Bangladesh鈥檚 trade and investment frameworks...
Families flock to DITF despite distance
The Dhaka International Trade Fair 2025 has become a vibrant weekend attraction for families, drawing large crowds to the Bangabandhu Bangladesh-China Friendship Exhibition Centre at Purbachal despite its distance from central Dhaka...
Deglobalisation threats and Bangladesh鈥檚 strategy
EMINENT economist MG Quibria, professor of economics at Morgan State University, takes up a 鈥榯urmoil鈥� that he reckons is in the offing in global trade. It is that the international trade regime, covered by the complex rules and framework of the multilateral agreements and dominant countries, is seemingly set for a seismic change in the days to come...
Bangladesh, Pakistan JVs stressed to enhance bilateral trade
Businessmen of both Bangladesh and Pakistan have emphasised the need for taking joint initiatives to tap into unexplored and new potentials to boost bilateral trade and investment...
Bashir seeks balanced trade with Malaysia
Bangladesh is keen to enhance bilateral trade relations with Malaysia and ensure balanced trade between the two countries, said commerce adviser Sk Bashir Uddin on Monday...
Dhaka Bank to collect tax, fee of DSCC residents
Dhaka Bank PLC launched real time collection of holding tax and trade licence fee of Dhaka South City Corporation in an event at Nagar Bhaban in Dhaka on Monday, said a press release...
BIMSTEC urged to boost trade
Commerce adviser Sk Bashir Uddin on Monday urged the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation to prepare a roadmap to double regional trade...
Yunus to open DITF today
Chief adviser to the interim government Muhammad Yunus will inaugurate the 29th Dhaka International Trade Fair -2025 today at the Bangladesh-China Friendship Exhibition Centre at Purbachal.
DITF-2025 set to begin Jan 1 with innovation, tribute
The countdown to the 29th Dhaka International Trade Fair is nearing its end as the grand event is scheduled to commence on January 1 at the Bangladesh-China Friendship Exhibition Centre in Purbachal, Dhaka....
All int鈥檒 trade payments to be cleared in a month: Mansur
All overdue payments relating to Letters of Credit will be cleared within one month, said Bangladesh Bank governor Ahsan H Mansur...
Tax, trade licence fees in Gaibandha can now be paid thru Nagad
Residents of all unions in Gaibandha district can now digitally pay their holding tax and trade licence fees exclusively through Nagad, the digital financial service of the Bangladesh Postal Department, said a press release...
US imposes trade curbs on China, Russia firms
The United States unveiled trade restrictions Tuesday on eight companies, including two Chinese firms and several from Russia, alleging human rights violations...
US Trade Representative, BGMEA discuss RMG issues
US Trade Representative Brendan Lynch and Trade Policy Analyst for South and Central Asia Emily Ashby met with the leadership of the Bangladesh Garment Manufacturers and Exporters Association at a hotel in Dhaka on Tuesday...
US trade deficit narrows in Oct as imports fall
The US trade gap narrowed more than expected in October, government data showed Thursday, as imports slipped more than exports...
World trade outlook uncertain for 2025: UN
World trade faces an uncertain outlook in 2025 because of the threat of trade wars, after global commerce hit a new peak this year, the UN said on Thursday.
Flower trader killed being hit by bus, 2 arrested
The police arrested the driver and the assistant of a Shyamoli Paribahan bus that killed a flower trader by hitting him at Shahbagh in the capital on Thursday...
Revised DAP proposal prioritises commercial interest: discussion
Speakers, including urban planners, on Wednesday said that the recent revised proposals for Dhaka鈥檚 Detailed Area Plan published by Rajdhani Unnayan Kartripakkha ignored the city鈥檚 livability, civic amenities, and the environment while prioritising the commercial interests of housing traders...
Govt appoints administrator to BASIS
The interim government has appointed additional secretary of the ICT Division Muhammed Mehedi Hassan as administrator to the Bangladesh Association of Software and Information Services...
Trade with India through 3 land ports remain suspended, uninterrupted at Benapole
Export-import between India and Bangladesh through Sheola, Zakiganj and Tamabil land ports in Sylhet remained suspended since Sunday.
Trade deficit narrows to $6.63b in July-Oct
The country鈥檚 trade deficit narrowed slightly in the July-October period of the 2024-25 financial year compared with that in the same period of FY24...
Implement tripartite agreement in garment sector: rally
The leaders of Garment Workers鈥� Trade Union Centre on Friday at a protest rally demanded the implementation of tripartite agreement in garment sector and announcing 15 per cent wage...
WTO chief reappointed as Trump threat looms
World Trade Organisation chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules.
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...