The Commerce Ministry on Thursday withdrew its ban on the export of face mask and hand sanitizers.
Category: Trade
G20 fails to arrive at concrete developmental package for South
Geneva, 31 Mar (D. Ravi Kanth) — Trade ministers of the Group of 20 countries (G20) on 30 March failed to arrive at a concrete developmental package for assisting developing and least-developed countries (LDCs) in combating the deadly COVID-19 disease…
BD garment makers want to export PPE after local demand met
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) wants to export personal protective equipment (PPE) meeting domestic demand as their demand is growing across the globe amid coronavirus pandemic.
All supermarkets, malls to remain shut from Mar 25 to 31
Dhaka, March 23 – All the shopping complexes and malls across the country will remain closed from March 25 to 31 as part of an effort to contain the coronavirus outbreak.
Don’t hoard anything; country has enough stocks: PM Hasina
Prime Minister Sheikh Hasina on Saturday urged all not to hoard food grains and other essential items out of panic as the country has enough stock of everything.
Spl body to keep essentials’ prices stable during Ramadan
The government has formed a special committee to keep the prices of daily essentials stable during the holy month of Ramadan, said Commerce secretary Md Jafar Uddin on Saturday.
‘Quality, compliance factors boosts Bangladesh exports to US’
DHAKA, March 7, 2020 (BSS) – The top US trade official for South and Central Asia has said Bangladeshi readymade garments (RMG) in the United States expanded their market in recent years, attributing the development to improved product quality and…
Developing countries spurn US proposal on differentiation
Geneva, 4 Mar (D. Ravi Kanth) — India, South Africa, China, and several other countries have spurned the controversial proposal from the United States to bring about differentiation for availing of special and differential treatment (S&DT) among developing countries in…
Agri Ministry against onion import during full harvest time
Dhaka, March 04 – The Agriculture Ministry wants to stop importing onion from abroad during full onion harvesting season to ensure a fair price for the marginal farmers in the country.
India to lift onion export ban on March 15
Dhaka, March 03 – The Indian government is going to lift its ban on onion export on March 15, its Commerce and Industry Minister Piyush Goyal said Monday.
Onion prices coming down at the pace it went up last year
Dhaka, March 01 – The way prices of onion had shot up at the good part of last year, the same way its prices now are getting cheaper since last week, according to the traders.
Onion prices coming down at land ports wholesaler markets
The prices of onion have started falling in wholesale markets in Hili land port after India decided to withdraw its ban to export the bulb to Bangladesh.
Dhaka’s kitchen markets see substantial fall in onion prices
Dhaka, March 01- The prices of onion have marked a substantial fall in Dhaka’s kitchen markets after India decided to lift the ban on its export after about six months. According to traders, the prices fell by as much as…
Trade with China to become normal within 3 days: FBCCI
President of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim on Saturday hoped that trade with China will become normal from Monday.
Companies in Hubei not to resume business before March 10
Companies should not resume business before March 10 in central China’s Hubei Province, the center of the novel coronavirus outbreak, local authorities said Thursday.
Nepal to use Saidpur Airport; greater trade expected
Bangladesh has agreed to allow Nepal to use its Saidpur Airport as part of strengthening trade and connectivity between the two countries.
Coronavirus outbreak: Much of world’s factories still shut
The longer than expected shutdowns of Chinese factories because of the coronavirus outbreak are having a big impact on the world’s second largest economy and the global supply chain.
Jessore florists in Bangladesh eye Tk 700m business
Flower farmers in Jashore’s Jhikargacha say they expect to sell flowers worth Tk 70-80 crore ahead of Pahela Falgun, Valentine’s Day and International Mother Language Day this month.
China ranked world’s second largest arms producer trailing behind US
By Thalif Deen UN, Jan 27 2020 (IPS) – Donald Trump, the vociferously unpredictable US president, has long chastised China for seeking “unfair” advantage over trade and tariffs, violating intellectual property rights and “manipulating” the country’s currency to its advantage.…
Belt and Road Initiative: The Bridge that Spans the World
By Peter Koenig The Belt and Road Initiative (BRI), also called the New Silk Road, is based on a 2,100-year-old trade route between the Middle East and Eastern Asia, called the Silk Road. It wound its ways across the huge…
China-US trade deal to reduce global uncertainty, IMF chief
Washington, Xinhua/UNB, Jan 18 – The newly signed China-U.S. phase-one trade deal will reduce the uncertainty that has impeded global economic growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Friday.
High onion price in harvest season upsets consumers
Dhaka, Jan 07 – The onion price remained unchanged at Tk 180-200 per kg at the retail market in the capital on Monday although it fell by Tk 30-40 at the wholesale market.
China-ASEAN FTA gears up for next golden decade
The China-ASEAN Free Trade Area marks its 10th anniversary. As a most populous FTA, it has boosted regional economic connectivity as multilateral trade triumphs. Dongxing, a border city in southern China, offers a snapshot of promising cooperation between China and…
Oil price jumps on fear of Iranian retaliation against US
The price of oil surged Friday as global investors were gripped with uncertainty over the potential repercussions after the United States killed Iran’s top general.
Japan seeks to import mango from Bangladesh: Minister
Dhaka, Dec 29 – Japan is keen to import mango from Bangladesh, said Agriculture Minister Dr Abdur Razzaque.
China’s soybean imports rise after US trade deal
China’s imports of soybeans surged in November following the announcement of an interim trade deal with the United States.
Govt-run TCB to sell onion at Tk 35 per kg from Monday
Dhaka, Dec 22 – State-owned Trading Corporation of Bangladesh (TCB) will sell onion at Tk 35 per kilogramme from Monday.
How US-China trade deal achieved a little but left out a lot
Washington, (AP/UNB) December 14, 2019 – The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork…
UN adopts resolution on natural fibres including jute
Bangladesh’s resolution entitled “Natural Plant Fibres and Sustainable Development” has been adopted by consensus in the plenary of the second committee of the 74th session of the UNGA. The resolution was tabled in September 2019 in this committee and adopted…
‘Awami businessmen’ controlling marekts: BNP
Dhaka, Nev 22 – BNP senior leader Amir Khosru Mahmud Chowdhury on Friday alleged the current price hike of essential items like onion and salt as the reflection of Awami economy where the ruling party-backed businesspeople are controlling markets.