Trade

Millions of jobs may face wipeout

Millions of jobs may face wipeout

Bangladesh's export-led economy faces a potential employment crisis as the US prepares to impose a 35-percent countervailing tariff on imports from the country on August 1. Industry leaders warn that the impact will be widespread - threatening not just the readymade garment (RMG) sector but also

EU's new Russia sanctions aim for more effective oil price cap

EU's new Russia sanctions aim for more effective oil price cap

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. The EU will set a moving price cap on Russian crude at 15 per cent below its average market price, EU d

WEEKLY KITCHEN MARKET: Onion, broiler chicken prices rise

WEEKLY KITCHEN MARKET: Onion, broiler chicken prices rise

The prices of onions and broiler chickens have gone up over the past week while the prices of brinjal, and green chili remain high, showing no signs of easing. In Dhaka's retail markets, local onions that were selling for Tk 55-60 a kg just a week ago are now priced at Tk 60-70 per kg. Nayon Ghos

Direct buying may boost RMG exports

Direct buying may boost RMG exports

Direct cotton sourcing from US farmers could boost apparel exports to the country amid rising trade tensions and tariff uncertainties, said a Bangladeshi-born American entrepreneur on Thursday. American cotton farmers wield political influence through their Congressional representatives and senato

Govt moves to curb power generation costs

Govt moves to curb power generation costs

In a bid to rein in soaring electricity subsidies and generation costs, the government has initiated a plan to reduce expenditure at power plants where it holds full or partial ownership, officials said. The initial focus will be on trimming operating and maintenance (O&M) costs through discussion


Future-ready infrastructure in focus at TowerCo Build Forum

Future-ready infrastructure in focus at TowerCo Build Forum

The TowerCo Build Forum 2025 brought together key stakeholders from Bangladesh's telecommunications infrastructure sector on Thursday to underscore the urgent need for capacity building and the development of future-ready digital infrastructure. Held at a city hotel in Dhaka, the forum was introdu

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