Dhaka May 13, 2025, 9:33 pm
The gross reserve, which reflects the total stock of foreign currency holdings, is one of the key indicators of a country's economic stability
Speakers urge manufacturers to increase the US content to at least 20 percent to qualify for a reduced 10 percent tariff
ADP Tk 2.3t, GDP growth target modest 5.5pc
The app is being considered for the businesses that remain outside the VAT net on the excuse of not being able to create their own VAT application
The summit drew more than 550 participants, including over 400 foreign delegates
Industry insiders credit the rise to enhanced production capacity, improved compliance, firm commitment from manufacturers, and the ongoing trade tensions between the US and China
The amount was reduced from the earlier-set amount of Tk 570 billion after the National Board of Revenue (NBR) high-ups declined to accept the ambitious target
It has also drawn a grim picture for Bangladesh as it says the global economic slowdown sparked by the sweeping US tariff may hit GDP (gross domestic product) expansion
The German side invited Bangladeshi government officials and delegations to visit Germany at their earliest convenience to make the attractiveness of Bangladesh for business more visible in Germany
These issues were highlighted by speakers during various sessions on Wednesday, the third day of the four-day Bangladesh Investment Summit-2025 in the capital
Thank you, Mr. President, (@POTUS) for responding positively to our request for 90-day pause on tariffs. We will continue to work with your administration in support of your trade agenda
The plan is to create a free trade zone near Matarbari Deep Sea Port, similar to UAE's Jebel Ali Port, which contributes 25% to the it's economy
75 countries had asked for negotiations over the tariffs
Donald Trump’s new tariffs take effect on Wednesday, including 104% duties on Chinese imports
The dollar plunged 1.1% against the European single currency to $1.1083
This step could potentially disrupt Bangladesh’s trade with Bhutan, Nepal and Myanmar
Speaking at the Bangladesh Investment Summit’s formal inaugural session, the British trade envoy said today’s event lays the foundation for unlocking these opportunities
Reforms in RMG, housing for middle-income families, paints and dyes and digital financial services can help creating millions of job opportunities, WB says
‘In this new Bangladesh, we have made foreign investment easy and hassle-free,’ Yunus says
IMF has acknowledged Bangladesh’s economy to be on the right track, says Finance Adviser Salehuddin Ahmed
