Current News

The Bangladesh Financial Intelligence Unit (BFIU) has frozen the bank accounts of Foster Payments due to its alleged involvement in money laundering.

Bangladesh Economic Zones Authority (BEZA) is working to build the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) as an international standard green smart industrial city so that the investors can run their production activities by maintaining the balance of environment. To this end, the ‘BSMSN Development Project’ is being implemented with …

The country’s trade deficit widened by six times or $3.42 billion year-on-year in the July-August period of the current fiscal year 2021-2022 amid a sharp increase in import payments.

The Trading Corporation of Bangladesh (TCB) will resume selling daily essentials at subsidised prices from Wednesday ahead of Durga Puja, the biggest religious festival of the country’s Hindu community.

US Trade Representative Katherine Tai will seek new talks with China over its failure to keep promises made in a  “Phase 1” trade deal struck with former president Donald Trump, but will not pursue  “Phase 2” negotiations over Beijing’s state subsidies and other structural issues.

Bangladesh has recorded its highest single-month export earnings at $4.16 billion in September this year thanks to a strong rebound of garment shipments amid a recovery of the global supply chain from the severe fallout of the Covid-19 pandemic.

The Asian Development Bank is providing $1.78 billion in loans to Bangladesh under the multi-tranche financing facilities, making it the highest proposed financing from the Manila-based lender against any single project.

Country’s leading manufacturer and exporter of medicine Beximco Pharmaceuticals Limited has completed its acquisition of the majority stake (54.6%) in Sanofi Bangladesh Limited. To mark this historic acquisition on September 30, 2021, a function was held at a hotel in the capital. The event was attended by Beximco Pharma managing …

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is expecting to obtain GSP Plus facilities in the European Union (EU) market after the country’s graduation from the Least Developed Countries (LDCs).

More than 40,000 workers went abroad with jobs in the first eight months of the current calendar year, contributing to the country’s overseas job sector and remittance earnings.