Chattogram port bay terminal in Bangladesh to start operations by 2030

Bangladesh’s ready-made garment (RMG) industry — the world’s second-largest exporter after China — is facing a growing competitive threat from Africa, where Chinese investments are rapidly transforming the continent into an emerging apparel hub.

Bangladesh Bank has unveiled a new financial mechanism allowing authorised dealer (AD) banks to conduct foreign currency–taka swap transactions with exporters. The initiative is designed to help exporters address short-term liquidity needs in local currency without depleting their foreign exchange reserves.

China and the Association of Southeast Asian Nations (ASEAN) signed an upgraded version of their free trade agreement on Tuesday, aiming to strengthen regional cooperation in the face of rising global protectionism driven by US President Donald Trump’s tariff measures.

Bangladesh and Pakistan will hold the ninth session of the Joint Economic Commission (JEC) tomorrow, marking the first such meeting between the two countries in two decades. 

Bangladesh’s natural gas production is declining at an alarming pace, forcing the country to rely increasingly on expensive liquefied natural gas (LNG) imports to keep its industries, power plants, and households running.

Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize for "having explained innovation-driven economic growth", the Royal Swedish Academy of Sciences said on Monday.

Finance chiefs gathering in Washington this week were ready to discuss the global economy`s surprising resilience in the face of Donald Trump`s tariff assaults - until the US-China trade war erupted again with the US president threatening 100% duties on Chinese imports and sending markets into a tailspin.

Gold prices surged past the $4,000 mark for the first time in history on Wednesday, extending a months-long rally fueled by fears over economic instability, geopolitical tensions, and growing expectations of further interest rate cuts by the US Federal Reserve.

The Asian Development Bank (ADB) has nudged up its growth forecast for Bangladesh, projecting the economy to expand by 5 percent in fiscal year 2026, slightly stronger than the previous year’s pace. 

Pakistan is setting ambitious goals to expand its trade footprint in Bangladesh, aiming to raise exports from the current $800 million to $3 billion within the next few years. 

US President Donald Trump has asked the European Union to hit China and India with tariffs of up to 100% over the countries’ Russia oil purchases, in a move aimed at turning up the heat on Moscow to end the war in Ukraine.

Bangladesh has made remarkable progress in raising its per capita GDP over the last 15 years, nearly tripling the figure since 2010. 

India is expected to raise its imports of Russian crude oil in September, according to traders, even as Washington ramps up punitive tariffs aimed at curbing New Delhi’s purchases and squeezing Moscow’s wartime revenues.

India’s multibillion-dollar savings from buying cheap Russian oil are now under threat, as fresh US tariffs on Indian exports came into force on Wednesday, dealing a major blow to New Delhi’s trade earnings.

Rice prices in India have surged by up to 14% within just two days after Bangladesh scrapped its 20% import duty on the grain, triggering a rush of shipments across the border.

US President Donald Trump has signed an executive order imposing an additional 25% tariff on Indian goods in response to New Delhi’s continued purchases of Russian oil. The move effectively doubles the existing tariff rate on Indian imports to a steep 50%, one of the highest duties ever levied by the US on a key trading partner.