Bangladesh’s commerce minister raised the issue with New Zealand’s trade minister on the sidelines of the WTO conference in Cameroon

Members debated key issues such as e-commerce and WTO reform over the last four days

Bangladesh’s exports have become a powerhouse for its economy, increasing by some $10 billion over the last six years.

Bangladesh’s pharmaceutical industry is facing mounting pressure as the ongoing US-Israel war on Iran disrupts global supply chains, threatening the availability of raw materials, pushing up freight costs and raising concerns over production stability.

The Bangladesh Cold Storage Association (BCSA) has urged the government to include potato farmers affected by recent storms and rainfall in an agricultural rehabilitation programme.

Jetro survey finds improving confidence lifts outlook to highest level since 2019

Sixty-six World Trade Organization (WTO) member countries, representing 70 percent of global trade, have adopted a pathway to bring into force electronic commerce (e-Commerce) agreement through interim arrangements.

Bank Asia PLC, a listed private bank, is set to acquire the Bangladesh operations of Bank Alfalah in a deal valued at Tk 580 crore, equivalent to approximately $47.5 million.

The government has ruled out any increase in tax rates, opting instead to expand the tax base and curb evasion to raise the tax-to-GDP ratio, said Rashed Al Mahmud Titumir, economic and planning adviser to the prime minister.

Economists have urged the government to adopt a conservative approach in preparing the upcoming budget for the next fiscal year, taking into consideration the impact of the US-Israel war on Iran, implementing electoral pledges, and boosting investment.

Bangladesh is eyeing an additional $2 billion from multilateral partners, including the International Monetary Fund (IMF), to manage pressure on external payments amid increased emergency energy purchases caused by the US-Israel war on Iran, said the central bank governor yesterday.

The country’s merchandised shipments of processed foods and agricultural products to Gulf nations are facing a serious shock from the war in the Middle East, with freight charges soaring fourfold and new orders plunging.

They made the demand to the agriculture ministry through a letter

The shareholders of Bank Alfalah gave go-ahead to the acquisition on March 26

The government has ruled out any increase in tax rates, opting instead to expand the tax base and curb evasion to raise the tax-to-GDP ratio, said Rashed Al Titumir, economic adviser to the prime minister.

Report says economic recovery of importing nations, diversification, global supply chain stability key to sector's export growth

Both countries expressed optimism about working together to expand tourism

Sixty-six World Trade Organization (WTO) member countries, representing 70 percent of global trade, have adopted a pathway to bring into force electronic commerce (e-Commerce) agreement through interim arrangements.

Private commercial ONE Bank plans to expand digital banking and strengthen engagement with small and medium enterprises (SMEs) and foreign trade.

Bangladesh has emphasised the need to reform the World Trade Organization (WTO), while cautioning that any such changes must not undermine the body’s fundamental principles.