Category: Trade

Dhaka Metropolitan Police (DMP) conducted a mobile court as part of its anti-adulteration drive at Moghbazar and Hatirpool areas in the city on Monday and fined three restaurants and a chain shop Tk 1.15 lakh on various charges.

Mango traders expect a good business of mangoes this year as it is the ‘on year’ for the fruit according to its alternate bearing nature.

Bangladesh has been scrutinizing the prospect of having a ‘Preferential Trade Agreement’ (PTA) with its close neighbour Myanmar in a bid to enhance trade between the two countries, Commerce Minister Tofail Ahmed told Parliament on Tuesday. Bangladesh Tariff Commission (BTC)…

Trade issue will dominate the third summit of head of states and governments of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) to be held in Naypidaw, capital of Myanmar, on March 4, Parliament was told…

Private mobile operator Airtel Bangladesh Limited has recently signed an agreement with state-owned operator Teletalk Bangladesh Limited on sharing infrastructure. Chris Tobit, CEO and Managing Director of Airtel Bangladesh Limited and Mujibur Rahman, Managing Director of Teletalk signed the Memorandum…

After gold prices dipped in the domestic market thrice over a span of few months last year, it has increased on an average by Tk 1500 per ‘bhori’ (11.664 grams) in the local market due to upward price trend in…

Dhaka – Commerce Minister Tofail Ahmed on Tuesday said all-out efforts are on to fulfill all the US conditions to get back the Generalized System of Preferences (GSP) facility within the next two months. Bangladesh has three more conditions, out…

Dhaka – Chairman of the Bangladesh Telecommunication Regulatory Commission (BTRC) Sunil Kanti Bose on Saturday sought cooperation from all the mobile phone operators in eliminating illegal Voice Over Internet Protocol (VoIP) business. He also urged the operators to complete SIM…

Japan External Trade Organization (JETRO) wants to cooperate with Dhaka Chamber of Commerce & Industry (DCCI) in promotion of trade and investment between Dhaka and Tokyo.

The 9th International Plastic Fair 2014 will begin here on February 23, which is expected to bring together some 350 participants from 17 countries.   Leaders of Bangladesh Plastic Goods Manufacturers Association (BPGMEA) at a press conference at its office on…

The month-long Dhaka International Trade Fair (DITF), 2014, the 19th edition of the annual event, begins here on Saturday with a high hope of fetching significant export orders.   Prime Minister Sheikh Hasina is expected to inaugurate the fair, a platform…

The month-long Dhaka International Trade Fair (DITF), 2014 begins here on Saturday.   The fair, an annual showcase arranged by the Export Promotion Bureau (EPB) and the Commerce Ministry, will be inaugurated at city’s Sher-e-Bangla Nagar on the grounds to the…

Though the government has revised the terms and conditions for the three deep-sea blocks bidding expecting a better response from the international bidders, but so far chances seem unlikely for a wider response.   The three deep-sea blocks offered for bidding…

Sushi chain operator Kiyoshi Kimura netted a real bargain on Sunday, taking home a 507 pound (230 kilogram) bluefin tuna for a mere 7.36 million yen (about $70,000), a fraction of the price he paid last year at the year’s…

Private mobile phone operator Robi Axiata Limited (Robi) got its new Chief Executive Officer (CEO) as Supun Weerasinghe joined the post on Wednesday.   Supun Weerasinghe replaced outgoing Robi CEO Michael Kuehner, who has retired from full time corporate life. Michael…

A Dhaka court on Tuesday placed 43 persons, including 37 foreigners on remand in a case filed for their involvement with illegal VoIP trade. Dhaka’s Chief Metropolitan Magistrate (CMM) Court Magistrate Rezaul Karim of passed the order on Tuesday afternoon,…

Export oriented manufacturing units in certain sectors like BTMA member mills, BGAPMEA and BPGMEA member accessories/packaging material manufacturer-exporters can access for input imports in bulk based on their past performance rather than against specific export orders at hand.

Garment orders from foreign buyers would decline by 30 percent owing to the turbulence prevailing in the country that is affecting the Bangladeshi garment industry, said Bangladesh Garment Manufacturers and Exporters’ Association (BGMEA) president Atiqul Islam, after a meeting with…

Export of primary commodities had an edge over manufactured goods in terms of growth in the first quarter (July-Sept) of the current fiscal (2013-14), buoyed by the healthy performances of frozen fish, vegetables, dry food and fruit juice.

A business delegation led by US Ambassador in Dhaka Dan W Mozena attended a luncheon meeting hosted by Bangladesh Consulate in Sheraton Hong Kong Hotels and Towers in Hong Kong on Monday.

If the subsidy for cotton export is withdrawn as per the decision of the WTO Ministerial Conference recently held in Bali, the readymade garment (RMG) sector in Bangladesh may face a hurdle, says Centre for Policy Dialogue (CPD), a civil…

Bangladesh runs the risk of losing its Generalised System of Preferences (GSP) facilities in the European Union (EU) if it fails to fulfil key EU conditions – trade union rights for workers and greater safety in workplace – within a…

The current demand for smartphones stands at around 200,000 per month, according to retail estimates.