Regional & International Economy

Participating companies of the 26th Dhaka International Trade Fair (DITF) bagged export orders worth about $16 million at the month-long event that ended yesterday. In terms of completed sales, goods worth some Tk 40 crore were sold at the annual trade fair, which was held at its new venue in …

Finance Minister AHM Mustafa Kamal yesterday said the government has granted the scope to businesses to invest abroad in order to curb the transfer of money out of the country through illegal channels. “It is not wrong to invest abroad. If you don’t allow it, it will go to different …

UNICEF will provide $306 million financing to Bangladesh in next five years under its new country programme document (CPD) 2022-2026. The Bangladesh-UNICEF country programme document 2022-2026 was signed at Economic Relations Division (ERD) on Sunday. The new CPD 2022-2026 has outlined an indicative budget of $306 million, says an ERD …

Reconditioned vehicle import from July to December of the ongoing fiscal year increased by 54.8 per cent compared with that in the same period of the previous fiscal year. In July-December of FY22, a total of 8,768 reconditioned vehicles were imported from different countries like Japan, China, South Korea, Germany, …

Bangladesh will host the 36th Regional Conference for Asia and the Pacific of the Food and Agriculture Organization (FAO) for the first time since it joined the organisation in 1973. Allan Dow, head of communications of the FAO’s Asia-Pacific regional office, made the announcement at a virtual press conference yesterday. …

Amid the ongoing corona pandemic, lawmakers in the Jatiya Sangsad today said Bangladesh has been able to keep its economy upward and now the country remains 41st position economically across the world. “Bangladesh now becomes an ‘emerging tiger’ across the world under the leadership of Prime Minister Sheikh Hasina while …

An eco-friendly transport system is inevitable in the ever-changing world where carbon emission is leading to global warming. It is the responsibility of the world leaders to get united and reach a sustainable agreement to limit carbon emissions and reduce global warming. Transport manufacturers and users also must play a …

Commonwealth Enterprise and Investment Council (CWEIC) is willing to assist Bangladesh in sustaining its robust economic growth after the country’s graduation from the category of least developed countries (LDCs), says Samantha Cohen, CEO of CWEIC. Ms. Samantha made the remark at a meeting with Md Jashim Uddin, president of the …

The rules set by the government for people’s movement during the pandemic will leave little impact on the economy and the lives of the general mass, Finance Minister AHM Mustafa Kamal said today. “It (the Covid-19 pandemic) will be less harmful this time than we have been fearing it to …

A US-based multinational Huntsman Corporation is set to invest $20 million in an industrial unit at a private economic zone (EZ) in Bangladesh, people familiar with the development say. It will establish a dye and chemical manufacturing plant on five acres of land at Abdul Monem Economic Zone in Munshiganj. …