Britain and Australia will formally open talks on a post-Brexit free-trade agreement Wednesday, Canberra's top trade official said, voicing hope a deal could be reached this year, reports AFP. "Later today, Australia and the United Kingdom will formally commence free-trade negotiations," Trade Minister Simon Birmingham said, in...
Bangladesh-India trade through Benapole-Petrapole land ports resumed on Sunday after a standstill of more than two and a half months due to the novel coronavirus outbreak. On Sunday afternoon, Bangladeshi company HMCL Niloy imported 24 trucks of motorcycles parts exported by Indian Hero Honda Company, Additional Commissioner...
The Chattogram Custom House on Sunday started a token system to curb the spread of novel coronavirus by ensuring social distancing. Following the new token system, clearing and forwarding (C&F) agents will not need to gather in front of custom house officials during assessment of bill of...
Businesses are renegotiating contracts with multiple stakeholders as they are facing uncertain future due to COVID-19 pandemic. A study, conducted by the Economic Research Group (ERG) on selected areas of contracts, revealed the information. The findings of the study were presented at a webinar on Sunday attended...
Bangladesh High Commissioner to Sri Lanka Riaz Hamidullah met Prime Minister Mahinda Rajapaksa at Temple Trees on Tuesday and hoped Dhaka-Colombo relations would be further improved in the coming years, particularly in areas such as trade, agriculture and fisheries. High Commissioner Hamidullah, who served in Sri Lanka...
Country’s merchandise trade deficit with its trading partners declined to $12.07 billion in the first nine months of the current fiscal year, thanks to the decreasing trend of import and export activities owing to the global coronavirus pandemic. The deficit dropped by $130 million or 1.07 %...
The government has so far announced a set of stimulus packages worth around $11.90 billion (Taka 1.011 trillion to offset the COVID-19 shock on various sectors of the country and minimise the sufferings of the people hit hard by the nationwide shutdown enforced to fend off the...
Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...
Resurgent Bangladesh, an initiative to help private sector of the country in the context of COVID-19-led economic shocks, was jointly launched today by four leading business organisations and a private sector economic policy think tank. These institutions are Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka Chamber...