Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.
The first shipment was sent to Beko’s washing machine factory in Romania’s Ulmi
The deals have the potential to generate 59,408 jobs
The impact will be especially severe for small and medium-sized enterprises
If held in person, the team led by commerce adviser will leave for the USA on July 27
Bangladesh RMG exports to US soar on diversified sourcing
In a year, imports declined by 631,330 tonnes and exports by 75,232 tonnes
New US tariffs challenge RMG sector, but global competitive edge holds
The economy of Bangladesh has rebounded from the Covid-19 pandemic, but high inflation, a balance of payments deficit, financial sector vulnerabilities, and global economic uncertainty continue to hamper recovery, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh (ICCB).
The World Bank approved $650 million on Friday to help Bangladesh construct the breakwater of Bay Terminal, a mega expansion project of Chattogram port.
Bangladesh's gross domestic product (GDP) growth will decrease to 5.7 percent in 2024-25 from 5.8 percent in the current fiscal year while inflation will ease to 8 percent, according to the Mastercard Economic Institute (MEI).
The two will work jointly in Chattogram, Mongla, Dhaka
$21.64 billion worth of apparels were shipped to the European Union in the Jul-May period this fiscal year
The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
The company will invest $108.99 million for a woven and knit garments factory
It hit $99.30 billion in March, down from $100.64 billion in December last year
Bangladesh Jeweller's Association will organise the three-day International Jewellery Machinery Exhibition Bangladesh 2024
According to Bangladesh Business Climate Index 2024
