Trade

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,”...

Commerce Secretary Md Jafar Uddin said Bangladesh earned 20 billion dollars from exports as production continued even during the Covid-19 pandemic. "Prime Minister Sheikh Hasina's prompt and courageous decision at the start of the Covid-19 pandemic made it possible," he said.

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...

“Showcase Bangladesh 2021: China-Bangladesh Investment Summit, a virtual platform jointly organized by Standard Chartered and Bangladesh Investment Development Authority (BIDA), was held recently. The virtual event showcased the partnership potential between Bangladesh and China and highlight the emerging strategic opportunities in a shifting global...

চাল আমদানি নিয়ে জটিলতা দেখা দিয়েছে। বেসরকারি খাতে আমদানির জন্য যাদের এলসি করার অনুমোদন দিয়েছে তারা চাল আমদানিতে গড়িমসি করছে বলে অভিযোগ উঠেছে। এখনো পর্যন্ত চট্টগ্রামের বাজারে আমদানির কোনো চাল আসেনি। ফলে পাইকারি বাজারে চালের দাম বস্তায় আবার ১০০ টাকা করে বেড়েছে। তবে আমদানিকারকদের...

Commerce Minister Tipu Munshi has said that the government is trying to revive the country’s trade and commerce, which was affected due to Covid-19 pandemic, through various stimulus packages announced by Prime Minister Sheikh Hasina. In the medium-term, he suggested that Bangladesh should look...

A large real estate company, Royal Homes, has built a residential project named Royal City in the South Surma area of Sylhet. But, business at the firm has come to a standstill since the start of the Covid-19 pandemic. Buyers are not paying the installments of the...

If an e-commerce company fails to deliver in time a product that has been paid in advance during order placement, it will have to pay double the product price in penalty. The buyer will be able to recover the fine by filing a case...

Speakers at a programme on Monday said Bangladesh needed a clear-cut regulation on disposal of used cooking oils and developing a system of its recycling. Restaurants and households generate adequate quantities of used cooking oil every day and many again use it for the...

Mahindra and Mahindra Limited, an Indian Agro-machineries manufacturer, will set up an agro-machinery assembling plant in Bangladesh.    The company managing director and CEO, Pawan Kumar Goenka, said this at a virtual conference with agriculture minister Mohammad Abdur Razzaque on Tuesday. The...