Biz World
Biz World
Amazing trade relationship of BD with Brazil, Argentina
Bangladesh exports to Brazil and ArgentinaRMG, medicines, plastic products, leather products, shoes, children’s toys, mattresses and medical equipment. Bangladesh imports from Brazil and Argentina: 51 pc of annual import of soybean oil comes from Argentina and 24 pc from Brazil. Ibrahim Khalil Jewel: When the football world cup comes, the…
Read More »Rat-cat game over strong branded rod prices
Construction works of pvt and govt sectors hit hard Golam Mostafa Jibon: A rat and cat game is going on in the rod market of the country as a syndicate has increased the prices of all strong branded rods with a view to create an anarchy in the market that…
Read More »Bangladesh RMG sees highest growth in EU
Industry Desk: Bangladesh’s readymade garment (RMG) exports to the European Union (EU) has reached a stunning milestone – as in January-August 2022, the country’s largest apparel export destination witnessed a 45.26% year-on-year growth in the EU – surpassing the leading apparel exporter China’s apparel growth in the period.As per the…
Read More »ADB to invest $2b in BD edu sector
Diplomatic Correspondent: Asian Development Bank (ADB) President Masatsugu Asakawa has told Education Minister Dr. Dipu Moni that ADB will invest 2 billion dollars in the next 3 years in Bangladesh’s education sector.Dr. Dipu Moni held a meeting with Masatsugu Asakawa on friday at the ADB office. During the meeting, the…
Read More »Indian mills default on sugar export deals
Industry Desk: Indian sugar mills have been renegotiating and defaulting on contracts to supply 400,000 tonnes of the sweetener to overseas buyers as prices jumped after the government cut this year’s export quota, five dealers told.The renegotiations and defaults by mills in India, the world’s second biggest sugar exporter, could…
Read More »Developing countries burdened with debt: WB
Industry Desk: Developing countries are facing an economic crisis, heavy debt burdens, high inflation, and climate change. It is a crisis facing development itself, said World Bank President David Malpass.He said this while participating in the 27th climate conference organized by the United Nations in the Egyptian city of Sharm-al-Sheikh…
Read More »WTO urges countries to lift green trade barriers
International Desk: The World Trade Organization yesterday urged countries to abolish trade barriers in environmental goods and services in order to help fight climate change.In its annual World Trade Report, the WTO says international commerce should not be pitted against combating the climate crisis.The report comes as global leaders gather…
Read More »BOESL to set record by sending 4,941 manpower to S Korea
Staff Correspondent: Bangladesh Overseas Employment and Services Ltd (BOESL) is going to set a record by sending 4,941 workers to South Korea by this year through the Employment Permit System (EPS).Due to the COVID-19 pandemic, the South Korean government suspended admitting foreign EPS workers from March 2020 to November 2021.After…
Read More »Wheat to be imported from Canada: Tipu
Staff Correspondent: Commerce Minister Tipu Munshi has said traders have started importing wheat from Canada and other countries after closure of Ukraine-Russia market due to the ongoing war. While briefing reporters, he said the wheat issue was raised at the fourth meeting of the task force on reviewing commodity prices…
Read More »BD, Vietnam eye $2 b trade in 2023
Staff Correspondent: Vietnamese Ambassador to Bangladesh Pham Viet Chien has expressed optimism that the bilateral trade between the two countries will reach $2 billion mark in 2023 when the two countries will celebrate 50 years of diplomatic relations.In the first nine months of 2022 calendar year, the bilateral trade turnover…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
