United Commercial Bank (UCB)

Dhaka, Monday


03 October 2022


Business Insider Bangladesh

Trade

BGMEA for Bangladesh-India collaboration on RMG

BGMEA for Bangladesh-India collaboration on RMG

The BGMEA stressed increased business interactions between the ready-made garment and textile exporters of Bangladesh and India

CEPA to be win-win for both countries: IBCCI president

CEPA to be win-win for both countries: IBCCI president

President of the India-Bangladesh Chamber of Commerce and Industry (IBCCI) Abdul Matlub Ahmad has said the Comprehensive Economic Partnership Agreement (CEPA), now under discussion, will be a win-win for both the countries

Bangladesh and South Korea enhance trade, deepen cooperation

Bangladesh and South Korea enhance trade, deepen cooperation

Bilateral trade, which remained stagnant at below $1.6 billion for almost a decade after it peaked at $1.87 billion in 2011, reached $2.3 billion in 2021

Officials directed to successfully execute OMS, TCB programmes

Officials directed to successfully execute OMS, TCB programmes

The officials of various administrations were given necessary directives to carry out successful implementation of low-priced food distribution programmes, including OMS and TCB sales, which are set to start from September 1, across the country

The first Bangladeshi ship carrying jhut leaves for India
The first Bangladeshi ship carrying jhut leaves for India

A Bangladeshi-flagged ship has started its journey from Muktarpur of Munshiganj to India carrying jhut, the scrap fabric produced by the RMG industry, for the first time in the country`s history

No bar to import food from Russia, Ukraine: Tipu
No bar to import food from Russia, Ukraine: Tipu

Commerce Minister Tipu Munshi on Thursday said the government has no restrictions on importing food products from Russia and Ukraine or any other country

Bangladesh may prefer to import Russian oil via third country

Bangladesh may prefer to import Russian oil via third country

According to official sources at the Ministry of Power, Energy and Mineral Resources, neighboring India might be a preferred third country with regard to importing Russian oil

India-Bangla cargo movement on waterways rises by 20%

India-Bangla cargo movement on waterways rises by 20%

India-Bangladesh cargo movement via waterways increased to 47.4 lakh tonnes in fiscal 2021-22, a 20 percent hike as Bangladeshi manufacturers preferred the river ways for transporting raw materials from India

Bangladesh keen to join economic summit in Russia to increase trade, investment

Bangladesh keen to join economic summit in Russia to increase trade, investment

Bangladesh will have her strong presence before the 2022 edition of the Eastern Economic Forum summit to be held in Vladivostok

Newly-launched trading scheme to help Bangladesh grow, prosper: UK

Newly-launched trading scheme to help Bangladesh grow, prosper: UK

The United Kingdom (UK) has launched the Developing Countries Trading Scheme (DCTS) which provides tariff reductions and simpler terms of trade to 65 developing countries including Bangladesh

India uses Sylhet land port to transport goods

India uses Sylhet land port to transport goods

India has for the first time used a land port in Bangladesh to transport its goods in the northeastern state of Meghalaya from Kolkata as part of a bilateral accord

Bangladesh-Iraq trade volume rises 4 times in 2 years

Bangladesh-Iraq trade volume rises 4 times in 2 years

Bangladesh’s imports from Iraq increased to $26 million in FY22 from $7 million in FY20. Of the imports, around 80% were dates

TCB starts selling essential commodities

TCB starts selling essential commodities

The state-run Trading Corporation of Bangladesh (TCB) began selling essential items among family cardholders across the country on Tuesday at a subsidised rate

Bangladesh and Uzbekistan agree to deepen trade relations

Bangladesh and Uzbekistan agree to deepen trade relations

Bangladesh pointed out that being the 6th largest producer and 12th largest exporter of cotton Uzbek entrepreneurs can invest in cotton-based textile industries in Bangladesh

Bangladesh’s prospects to explore central Asian markets brighten

Bangladesh’s prospects to explore central Asian markets brighten

Bangladesh’s export opportunities brighten in central Asian countries as Uzbekistan and other countries are interested in forging trade and investment deals

Dhaka must stay active to avail duty benefits after LDC graduation: Speakers

Dhaka must stay active to avail duty benefits after LDC graduation: Speakers

As Bangladesh is graduating into a developing nation, experts say it is necessary to continue Dhaka’s active participation in the negotiation process with the WTO