Trade & Market

Bangladesh has beaten India on exports in the past decade, and the Economic Survey 2021 explains why. Bangladesh exports posted a compounded annual growth rate of 8.6% over 2011-2019 versus India's export growth of 0.9% and a world average of 0.4%, the survey said.

The 4th Bangladesh-Japan Joint PPP platform meeting was held at the Prime Minister’s Office on Wednesday highlighting important projects presented by the Japanese side. Public Private Partnership Authority (PPPA) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of Japan jointly organised the...

American multinational technology conglomerate Cisco on Tuesday unveiled its "Resilient Distributed Enterprise" portfolio in the country, with which the company will double down on its partner engagements and help firms empower their businesses. This is an extension of Cisco’s ongoing initiatives to bolster the country’s digital foundation and...

Bangladesh has suffered a loss worth Tk 3.18 billion in the last nine months, due to the suspension of shipment of edible aquatic animals to the key market China. The export of aquatic animals, including live crab and eel fish, to China has remained...

Commerce Minister Tipu Munshi is hopeful that the European Union will continue its trade benefit for Bangladesh for 12 years after the country's graduation from the grouping of the least-developed countries (LDCs). Bangladesh is set to leave the LDC group to become a developing...

The laboured process for settlement of letters of credit is one of the bottlenecks of Bangladesh’s investment climate, said a delegation from Japan on Thursday. “Bangladesh has the most complicated LC opening conditions -- there are terms and conditions unique only to this country,”...

In a first for Bangladesh, the country has extended a lifeline of sorts to the beleaguered Sri Lankan economy, offering to top up the island nation's depleting foreign reserves by as much as $500 million. The global coronavirus pandemic has deprived Sri Lanka, which...

The government has launched an online agricultural market portal, hortexbazarbd.com, to boost trade of farm products during coronavirus pandemic, said officials. Agriculture minister Dr Mohammad Abdur Razzaque inaugurated the portal during a virtual meeting on development and evaluation of the ministry's projects and programmes...

The changeover of state power in Afghanistan may not affect business with Bangladesh as the bilateral trade volume is not that significant, said local businesspeople yesterday. They said they were not too worried about the trade. The Taliban seized power in...

Bangladesh is preparing to take an alternative route to strengthen its trade ties with Russia, bypassing the US sanctions on the latter. As part of it, the Bangladesh Bank has taken an initiative to enter into a bilateral swap agreement with the Central Bank...