Global Business

Global Business

Dhaka gears up for 3rd round of talks to avert US tariff shock

Bangladesh will launch the third round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more “rational” tariff structure before the August 1 deadline, said Commerce Adviser Sk Bashir Uddin yesterday.

11h ago

China exports beat forecasts in June

China’s exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other.

11h ago

US tariff on Bangladesh: An urgent wake-up call for our RMG industry

The 35% tariff imposed by the US is not a final decision, as discussions are still ongoing

15h ago

EU ready to hit US with 21-bln-euro tariff list, Italy foreign minister says

As US tariff threat looms, EU readies countermeasures but still seeks deal

21h ago

Ctg port seizes Tk 3cr worth of undeclared fabric

The consignment was imported under the name of Savar-based exporter Eagle Textile

1d ago

Trump's dealmaker name on the line in high stakes tariff talks

Trump's trade war yields discord, few deals, and deadline extensions

2d ago

Trump intensifies trade war with threat of 30% tariffs on EU, Mexico

Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum

2d ago

Apparel exports to US rose 14% in FY25

Bangladesh RMG exports to US soar on diversified sourcing

2d ago

Malaysia's Silicon Valley ambitions face tough challenges

Malaysia's signing of a major deal with British chip giant Arm this month was the latest step towards achieving the country's goal of producing its own top-end chips in the next five to seven years.

3m ago

Sri Lanka records first annual growth since crisis

The last quarter of 2024 saw the economy expand by 5.4 percent, bringing the full calendar year's GDP growth to 5.0 percent, compared to a contraction of 2.3 percent in 2023.

3m ago

Ctg port links with Indo-Pacific maritime information sharing platform

As part of the initiative, the CPA arranged an 11-day training on the use of the IORIS platform

3m ago

US retail sales weaker than expected as consumer health under scrutiny

In February, retail sales crept up by 0.2 percent from January to $722.7 billion, according to Commerce Department data.

3m ago

Xiaomi posts 2024 revenue surge as EV push deepens

The Beijing-based firm manufactures a diverse array of tech gadgets ranging from smartphones and laptops to rice cookers and air purifiers.

3m ago

Govt preparing smooth transition plan for Bangladesh’s LDC graduation: finance adviser

United Nations believes the graduation would inspire smaller nations, he says

3m ago

NBR again cuts duties on imported fresh fruits

It is second duty cut in 10 days

3m ago

OECD lowers global growth projections over tariffs, uncertainty

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira

3m ago

China looks to boost consumption amid consumer squeeze

The plan was issued to all regions and departments to "vigorously boost consumption, expand domestic demand in all directions, improve consumption capacity by increasing income and reducing burdens," a report from the Council said.

4m ago

Trump's bitcoin reserve a 'digital Fort Knox'

Trump earlier this month signed an executive order establishing the reserve, which White House crypto chief David Sacks has likened to "a digital Fort Knox", comparing it to the stockpiling of gold bars at the US military base

4m ago