Dhaka, April 24 – A three-day second Belt and Road Forum for International Cooperation (BRF) began in Beijing on Thursday. Industries Minister Nurul Majid Mahmud Humayun left Dhaka for Beijing on Wednesday to attend the BRF, said an official. Under…
Category: Trade
Govt failed to rein in market before Ramadan: BNP
Dhaka, Apr 24 (UNB) – BNP on Wednesday alleged that the government has failed to control the market ahead of Ramadan as the prices of essential commodities keep growing. “The Commerce Minister a few days back announced that the prices…
UK to seek stronger ties with Bangladesh after Brexit
Dhaka, April 23 (UNB) – The United Kingdom (UK) has said it wants to have even stronger relationship with Bangladesh once they come out from the European Union (EU), noting that Bangladesh’s economy has been “growing strongly” in recent years.…
BD eyes greater energy sector cooperation with Brunei
Bandar Seri Begawan, Apr 23 (UNB) – Bangladesh and Brunei have agreed to explore the possibility of comprehensive collaboration in the energy sector amid the growing demand for energy in Bangladesh to support the rapid economic growth. Prime Minister Sheikh…
Dhaka’s proposals on more effective multilateral trading
Dhaka, April 19 (UNB) – Bangladesh has placed six proposals to make the multilateral trading system more effective recognizing importance of multilateral trading system for sustainable development. Principal Secretary to the Prime Minister Md Nojibur Rahman placed the recommendations at…
Bangladesh Fashionology Summit in Dhaka on May 2
Dhaka, April 18 – Smart clothing is the fourth industrial textile revolution, a sector that will reach a sales volume of more than $130 billion in 2025, said Mostafiz Uddin, founder of Bangladesh Apparel Exchange (BAE). He said this at…
BD traders want export-import simplified at Benapole
Dhaka, Apr 17 (UNB)- Speakers at a meeting urged the government to simplify export and import process through the Benapole land port. They called for capacity enhancement, developing infrastructure and continuing 24 hours operation of the port for smoother export…
EU drive for trade liberalisation adds to tensions in Tunisia
by Werner Raza, Jan Grumiller and Bernhard Tröster The European Union’s disproportionate pressure for trade liberalisation risks exacerbating political strains in the last democracy of northern Africa. Tunisia is the only country in northern Africa in which a democratic political…
Bhutan keen to boost trade with Bangladesh
DHAKA, April 12, 2019 (BSS) – Bhutanese Prime Minister Dr Lotay Tshering today expressed his keenness to further develop the existing trade relation with Bangladesh. “There are huge potentials to develop the bilateral trade further. The trade relation can be…
Bhutanese Prime Minister Lotay Tshering on 4-day Dhaka visit
Dhaka, Apr 12 (UNB) – A red carpet was rolled out as Bhutanese Prime Minister Lotay Tshering arrived here on Friday morning on a four-day official visit. The Bhutanese Prime Minister is making the visit at the invitation of Prime Minister…
UK to extend coop in trade-business and tertiary edu in BD
Dhaka, April 04 – United Kingdom (UK) wants to extend its cooperation in different areas including business and trade as well as tertiary level education here in Bangladesh to strengthen the ties between the two countries. Besides, the UK has…
No price hike during Ramadan: PM Hasina tells business
Dhaka, Apr 3 (UNB) – Prime Minister Sheikh Hasina on Wednesday asked the business community not to raise the prices of essentials, including sugar and edible oil, during the upcoming Ramadan. She made the call at a function arranged marking…
Bangladesh awaits e-commerce boost thru digital base: UNCAD
Dhaka, April 3 (UNB) – Although Bangladesh has laid an essential foundation for a technology-driven and skill-based digital economy, it still needs to put in place a comprehensive national e-commerce strategy and improve delivery logistics, said a United Nations Conference…
Can data-labour unions break the monopoly capture of data?
Recently I attended a seminar in Stockholm on the Future of Work, hosted by a major trade union. A representative from Google was present and asked the seemingly sweet and constructive question: what can we do to help? The trade…
China’s Xi meets European leaders on deal-filled trip
Paris, Mar 26 (AP/UNB) — Chinese President Xi Jinping is meeting with the leaders of France, Germany and the European Commission, as European countries seek to boost relations with China while also putting pressure over its trade practices. German Chancellor…
The unbearable unrealism of the present
by Paul Mason What characterises the present moment in history is a pervasive sense of unrealism among elites. Official discourses are no longer used as guides to action, laws are not applied and regulations are ignored. The ultimate symbol of…
The impact of trade conflict on developing Asia
The 2018 trade conflict between the United States and the People’s Republic of China presents a stumbling block to the global manufacturing and international trade that has driven growth and prosperity in Asia. Findings suggest that if all documented threats…
NBR awards top 10 VAT payers at DITF
Dhaka, Feb 26 (UNB) – The National Board of Revenue (NBR) on Tuesday honoured 10 firms for depositing large amounts of value-added tax (VAT) from sales at this year’s Dhaka International Trade Fair (DITF) that wrapped up on February 9.…
Bahrain contractor’s move to stop migrant worker suicides
karim.gfbtu@gmail.com via list.jca.apc.org A Bahraini employer has taken the lead in initiating programmes to help workers lead a stress-free life in the wake of a rising number of expat suicides. Waheed Al Ansari, owner of Areena Contracting that employs 1,000…
US-China trade war, big concern for global economy: ICCB
Dhaka, Feb 18 (UNB) – International Chamber of Commerce, Bangladesh (ICCB) has said the trade conflict between the United States and China is a major concern for global economy as the two countries are the world’s two biggest economies. “Trade…
Enforcing labour standards via EU free-trade agreements
The European Union is an extremely active international actor in the area of trade, being widely involved in the negotiation and conclusion of free-trade agreements (FTAs) with partner countries. Many of them, such as the CETA with Canada, the now…
China, India respond robustly to US paper on ‘differentiation’
Geneva, 15 Feb (D. Ravi Kanth) – China and India have offered a robust response to the United States over its attempts to “differentiate” among developing countries on which none of them could avail of special and differential treatment (S&DT)…
29 Bangladeshi apparel makers take part in Paris Texworld
Dhaka, Feb 15 – A total of 29 Bangladeshi apparel, fabric and leather manufacturers took part in the four-day Texworld or Apparel Sourcing Paris that ended in Paris on Thursday. Additional Commerce Secretary Tapan Kanti Ghosh visited the show and…
Taka 2 billion export order received at Dhaka Trade Fair
Dhaka, Feb 9 (UNB)— Commerce Minister Tipu Munshi on Saturday said the month-long Dhaka International Trade Fair (DITF) concluded successfully, drawing large crowds and getting more export orders compared to previous years. “This fair helped to popularise many local products.…
500 mmcfd LNG supply to Bd national grid began on Saturday
Chattogram, Feb 9 (UNB) – The supply of 500 mmcfd Liquefied Natural Gas (LNG) into the national grid will start from here on Saturday. Talking to UNB, Petrobangla officials expressed hope that the supply of 500 mmcfd (million cubic feet…
Shop owners demand closure of Dhaka Int’l Trade Fair-2019
Dhaka, Feb 6 (UNB) – Bangladesh Shop Owners’ Association (BSOA) on Wednesday urged the government to end the month-long Dhaka International Trade Fair (DITF) 2019 saying it was hampering their business. At a press conference in a Dhaka hotel, they…
US charges China’s top Huawei official with stealing secrets
Washington, Jan 29 (AP/UNB) — The Justice Department unsealed criminal charges Monday against Chinese tech giant Huawei, a top company executive and several subsidiaries, alleging the company stole trade secrets, misled banks about its business and violated U.S. sanctions. The…
Bd Shipping Corpn must carry 50pc of seaborne trade cargo
Dhaka, Jan 28 (UNB) – The Cabinet has approved in principle the draft of the Bangladesh Flag Vessels (Protection) Bill 2019 with a provision stating that at least 50 percent instead of the existing 40 percent of the seaborne cargoes…
China 2018 trade growth slowed as US trade battle heated up
China’s trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened.
Bodi tells Yaba traders: ‘Surrender by Wednesday’
Cox’s Bazar, Jan 13 – Controversial ex-MP Abdur Rahman Bodi on Friday asked yaba traders at Teknaf and Ukhia Upazilas to surrender within five days. “If the enlisted yaba traders do not surrender within five days, they will face terrible…