In the past two years, the NBR brought down tariffs on 60 items within the bound tariff rates based on the panel's suggestion.
The United States is losing its market share in cotton exports to Bangladesh amid concerns about logistics and the lengthy shipment duration for American cotton, according to a recent report by the US Department of Agriculture (USDA).
High tariffs, investment hurdles and entrenched corruption continue to undermine American businesses operating in Bangladesh, according to the latest report by the Office of the United States Trade Representative (USTR).
As the United States moves to impose reciprocal tariffs, concerns are mounting among Bangladeshi exporters, particularly in the footwear and pharmaceutical sectors, over potential implications for the country’s trade prospects.
The National Board of Revenue (NBR) has detected tax anomalies amounting to over Tk 58 crore involving five individuals and their companies, including a former president of the Chittagong Stock Exchange (CSE).
Bangladesh’s soybean production and imports are increasing steadily as demand from the poultry, livestock, and aquaculture sectors continues to grow alongside rising domestic consumption, according to the latest report by the US Department of Agriculture (USDA).
Acreage and production are expected to continue increasing in MY26, with Bangladesh likely to produce 1.60 lakh tonnes of soybeans next year, according to the report released last week.
Bangladesh’s toiletries market is growing and there is a significant potential for further expansion as incomes rise alongside increasing awareness and lifestyle changes.
Against the backdrop of rising prices, the government has geared up efforts to buy rice from the international market to replenish stocks and ensure distributions under social safety net schemes to arrest market volatility.
The Awami League government favoured the super-rich who controlled capital and laundered the funds aboard, dampening the country’s economy.
Five of the six operators of Nationwide Telecommunication Transmission Network (NTTN) have not gone public despite being mandated to float shares on the stock market several years ago.
The government’s net borrowing from the banking system rose in the first two and half months of the current fiscal year in the face of falling tax collection and surging foreign debt servicing costs, raising concerns of a crowding out effect on private credit.
Until early September this year, Mahfuza Begum’s Surzu Handicrafts was making eco-friendly, lightweight and reusable net shopping bags out of jute and cotton for a handful of buyers.
Availability of raw materials now a challenge
Experts say raising policy rate would have little impact on lowering food prices
On the corner of a crowded and noisy floor, a bespectacled man was calling out bids for a basket of Hilsa fish. He repeated the prices quoted by traders in a loud, rhythmic tone: “1,400-1,420-1,450…”
Hilsa remains dearer, although annual production of the most sought-after fish in Bangladesh has increased for the last several years.
Bangladesh’s exports of jute and jute goods have been falling continuously as many buyers have switched to synthetic and regenerated cotton yarn due to high prices of the golden fibre in the domestic market.
