6.2cr people one shock away from poverty: WB
10 HOUR(s)
Nearly 6.2 crore people in Bangladesh are currently living just one economic shock away from falling below the poverty line, the World Bank has warned, as persistently high inflation and severe energy shortages reverse years of hard-won economic gains.
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Time for urgent, bold reforms
10 HOUR(s)
Bangladesh needs urgent and bold reforms in the financial, energy and revenue sectors to arrest the economic slowdown, restore investor confidence and create jobs, said the World Bank yesterday.
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Growth to stay below 4% until FY28 on energy, banking woes
10 HOUR(s)
Bangladesh is yet again set to register weak economic growth of 3.4 percent in the current fiscal year, according to the World Bank, marking a fourth straight year of slowing growth amid a deepening energy crisis, financial sector vulnerabilities and global uncertainties.
10 HOUR(s)
Beximco seeks to reopen factories with $23m investment
10 HOUR(s)
Beximco Group is seeking government approval for a new leasing model to partially reopen its closed factory operations with investment from British and Chinese firms, according to officials.
10 HOUR(s)
Apparel exporters are losing Russian buyers
6 October 2026
Since the war in Ukraine began, sanctions have made it hard for Bangladeshi manufacturers to be paid or to send goods
6 October 2026
Export growth picks up as garment rebounds
2 October 2026
The country’s merchandise exports rose 8.54 percent year-on-year to $3.93 billion in September, helped by a gradual recovery in garment shipments, according to data from the Export Promotion Bureau (EPB) released yesterday.
2 October 2026
News Analysis / RCEP bid moves forward. What now?
28 September 2026
The RCEP ministers approved the establishment of an Ad Hoc Accession Working Group to advance the accession process of Bangladesh, alongside Chile, Hong Kong and Sri Lanka
28 September 2026
LDC deferment proposal gaining major support, Titumir says
27 September 2026
Bangladesh is gaining support from major countries and trade blocs for the country’s proposed LDC graduation deferment at the 81st UN General Assembly (UNGA) session, adviser to the prime minister on the ministries of finance and planning Rashed Al Mahmud Titumir said yesterday.
27 September 2026
Businesses welcome VAT plan
Business leaders have welcomed the proposed budget for continuation of the package VAT system, but criticised withdrawal of the supplementary duty on the import of 1,200 products as the move will discourage the thriving local industries and fail to lure new investors.
2 June 2016
Corporate tax for apparel cut to 20pc
The corporate tax rate for the garment sector has been slashed 15 percentage points to 20 percent in the forthcoming fiscal year, in what is a middle ground between the demand of apparel manufacturers and the government.
2 June 2016
Businesses demand cuts in corporate taxes
Business leaders are expecting a budget that would reduce corporate tax, as the cost of doing business is on the
31 May 2016
German certification firm plans expansion in Bangladesh
TUV Sud, a German testing and certification company, plans to expand operations in Bangladesh to exploit the rising business
28 May 2016
DBL Group to set up $100m garment factory in Ethiopia
DBL Group, a leading apparel exporter, is investing $100 million to set up a garment factory in Ethiopia, encouraged by duty benefits
26 May 2016
Jadoo rolls out digital TV services
Digi Jadoo Broadband Ltd, a unit of Mohammadi Group, launched digital cable connections to deliver more channels and better services to its customers.
23 May 2016
H&M recycles 28,000 tonnes of garment
Swedish retail giant H&M began a revolutionary practice in February 2013: it started collecting old garment items
21 May 2016
Bangladesh to highlight progress in workplace safety
Bangladesh will underline the progresses made in workplace safety in the country’s garment sector since the Rana Plaza collapse in the first EU-Bangladesh joint business council scheduled to be held today.
11 May 2016
Bangladesh seeks duty-free access of 56 items to Nepal
Bangladesh yesterday demanded duty-free access of 56 items to Nepal to boost bilateral trade, at the third commerce-secretary level
10 May 2016
Retailers delaying funds for factory upgrades
Rezwan Selim, managing director of Softex Sweater, had to shutter one of his faulty units, Softex Cotton, in the capital’s Mirpur area after failing to receive remediation funds from his two main European buyers.
9 May 2016
Fresh gas price hike can choke textile sector
The proposed 130 percent hike in gas price for captive power plants will badly hurt the country’s primary textile sector, which is already struggling for the deluge of cheap fabrics and yarns from China and India.
7 May 2016
Exports beat target, narrowly
Export earnings rose 11.82 percent year-on-year to $2.68 billion in April on the back of higher shipments of
5 May 2016
Slovenia: a promising market for Bangladesh
Even a small country could be a very promising market for Bangladesh if it has deep diplomatic relations with that country.
30 April 2016
Garment exporters must focus on growing Asian market: analyst
Bangladesh should focus on the growing Asian apparel market, where the retail value of garment and textile
26 April 2016
Straight, but loose: the latest in denim trends
Straight, skinny but a bit stretchy and loose in dirty blue -- that is going to be the latest in denim fashion worldwide, said designer and denim trend analyst Amy Leverton.
25 April 2016
Suppliers’ reforms progressing: H&M
Remediation in factories from which Swedish retail giant H&M sources has progressed significantly, the company
24 April 2016
Factory upgrades going slow: Alliance
Almost half of the remediation works in factories under the Alliance for Bangladesh Worker Safety have been completed, the North American retailers' platform said in a report yesterday.
13 April 2016
RMG: 49.5% remediation works completed
A 49.5 percent remediation works in the factories under the Alliance for Bangladesh Worker Safety (Alliance) is completed, as recommended by the experts to ensure workplace safety.
13 April 2016
Baishakh sales peak as people prepare to welcome Bangla New Year
Local clothing retailers are expanding their businesses to cash in on the shopping spree ahead of Pahela Baishakh, the largest cultural festival in the country.
12 April 2016
Vegetable exporters get separate scanner at airport
The Civil Aviation Authority of Bangladesh has allocated a separate scanner for fruits and vegetables at the Dhaka
12 April 2016