Bangladesh may grab the opportunity maintaining the business competiveness as some Japanese firms are intending to relocate their business and searching new destinations for supply chain adjustments, said the Japanese ambassador in Dhaka. Mr Ito Naoki made the remarks recently during his visit at BEPZA (Bangladesh Export...
The COVID-19 pandemic has forced global trade to reach a standstill as countries struggle to provide for their own. Despite a global trade slump, China has recently opened new trade avenues for Bangladesh with lucrative incentives to stimulate trade.  China has announced a tariff...
Remittances across the world could decline by $108.6 billion this year as job losses mount and employers’ trim payrolls amid a Covid-19 pandemic that has devastated economies, according to a report by the Asian Development Bank (ADB). Money sent to Asia, where about a third of migrant...
The initiative co-hosted by the Prime Minister’s Office, IFC and JICA aims to generate investment leads from Japan Around 200 Japanese companies have joined a webinar organized by Bangladesh to attract Japanese investments. The ‘Dialogue to Drive Japanese Investments in Bangladesh’...
The promising growth in export earnings seen at three Asian markets during the previous fiscal year has come to a halt following the coronavirus outbreak. Exports to China, India and Japan, three economic giants, were growing steadily over the last five years. During fiscal 2019-20 as well,...
The Asian Development Bank (ADB) today strengthened its partnership with the World Health Organization (WHO), recognizing that increased collaboration is helping to expand critical health care across Asia and the Pacific and contain the spread and impact of the coronavirus disease (COVID-19) pandemic. During a conference call...
Asia’s factory pain showed signs of easing in June, as a rebound in China’s activity offered some hope the region may have passed the worst of the devastation caused by the coronavirus pandemic. But sluggish global demand and fears of a second wave of infections will tame...
The Democratic People's Republic of Korea still owes Sonali Bank at least $11.62 million for goods imported under a barter agreement 26 years ago. Under the Barter 5 agreement, North Korea bought goods worth $6.14 million from Bangladesh, but it did not pay for the purchase. The entire...
President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim said stimulating the economy in COVID-19 realities, job creation and investments in India-Bangladesh joint ventures are the best way to benefit both the nations. “At this juncture as our bilateral trade stands at...
The United Nations Development Programme (UNDP) has launched a business integrity toolkit for young entrepreneurs in Asia-Pacific including Cambodia to be followed by a webinar titled “Leading with Integrity” which will be held on the 18th of this month. The toolkit aimed to provide young people a key...