Trump’s high tariffs on China may lower edible oil prices globally: importers
The Trump Administration’s imposition of high tariffs on goods made in China may help to reduce the price of soybean seeds and edible oil in Bangladesh, traders and importers said..China’s retaliatory tariffs may also discourage Chinese importers from buying US goods, they added. .If
6d ago
With Trump’s win, Bangladesh gets more investment queries from China
Chinese entrepreneurs are increasingly inquiring with Bangladeshi businesses over scope for factory relocations, joint ventures and fresh investments, apprehending that the new Trump administration might further hike tariffs on their exports to the US.
1w ago
Why does labour unrest drag on?
Following the political changeover on August 5, the country’s main export-earnings sector, the garments industry, witnessed a large-scale and drawn-out spell of labour unrest in industrial belts such as Savar, Gazipur, Ashulia, Zirabo and Zirani.
1w ago
Wage arrears a bane for RMG protesters
Delayed salary payment from a handful of RMG factory owners triggered the latest bout of labour unrest
1w ago
Bangladesh to amend labour law by March next year
Bangladesh has committed to amending its labour law by March next year to align it with international standards and meet the 18-point demand raised by workers in September this year.
1w ago
‘Business-friendly environment remains elusive’
A congenial business environment is yet to be restored under the interim government, said Tapan Chowdhury, managing director of Square Pharmaceuticals.
2w ago
What does Trump 2.0 mean for businesses in Bangladesh?
For local business communities, Donald Trump’s victory in the presidential race has been shorthand for the expectation that Western apparel orders and some foreign investments would shift to Bangladesh, with global fashion powerhouse China possibly facing higher import tariffs from the US.
2w ago
Denim demand rebounds gradually: experts
The demand outlook for locally made denim garments is gradually improving as Western economies rebound, local and foreign businessmen said yesterday.
2w ago
November 3, 2024
US election: What is at stake for Bangladesh’s exports
As millions of Americans head to the polls on November 5 to vote for either Democratic Vice President Kamala Harris or her Republican rival Donald Trump, apparel business communities in Bangladesh, more than 13,119 kilometres away from Washington, will be watching the results of the presidential election closely.
October 28, 2024
Bangladesh losing out to Pakistan in home textile exports
Bangladesh has been struggling to recover lost work orders in the home textile segment, a significant volume of which shifted to Pakistan nearly two years ago.
October 27, 2024
A trailblazer for women in business
Her dream was to enrol in Chattogram University or another reputed institution, but she could not even sit for the admission test as her father fell ill in 1994.
October 27, 2024
Awarding the private sector heroes
Bangladesh is an inspiring story of economic growth and development. The country became the 35th largest economy globally from almost scratch since its independence in 1971.
October 26, 2024
How political shifts can make or break business
Local conglomerates have been growing hand in hand with the economy since independence in 1971, but few have managed to navigate the changing tides over the years.
October 25, 2024
Meeting $100b garment export target by 2030 tough, but feasible
Bangladesh’s ambitious $100 billion garment export target by 2030 is currently facing a number of challenges both at home and abroad, but local manufacturers and business leaders are still optimistic about achieving the goal.
October 22, 2024
Holding fair elections top priority
Creating an environment for free, fair and credible elections is the first priority of the newly appointed administrator of the country’s largest trade body, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
October 22, 2024
Unrest erodes Bangladesh’s RMG edge over rivals
Garment exports by Bangladesh’s market rivals like India, Vietnam, China and Cambodia have increased to major Western markets due mainly to the latest spell of labour unrest and political changeover earlier in August in the country.
October 20, 2024
RMG work orders returning as labour unrest subsides
After more than a month of disruption due to the political changeover and subsequent labour unrest in major industrial belts, international apparel retailers and brands are returning to Bangladesh with work orders for upcoming seasons.
October 8, 2024
Uncertainty shrouds business recovery
The uphill battle to restore confidence among the business community is progressing slowly as the Prof Muhammad Yunus-led interim government marks its second month in office.
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