South Asia stands at a paradox. Home to nearly 2 billion people and a US$5 trillion economy, the region trades far more with Europe, the United States, and China than within its own borders. Intra-SAARC trade remains stuck at just 8% of total exports, around US$38.7 billion, compared to 22% in ASEAN and nearly half…
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Inflow of remittances witnessed 15.9 percent (pc) growth, reaching US$7,586 million during the period from July 1 to September 30, 2025 which was $6,543 million during the same period of the previous fiscal year. According to the latest data of Bangladesh Bank (BB) issuedon Sunday, during the month of September 2025, expatriates sent remittances of…
Bangladesh Bank has scrapped the mandatory requirement for exporters to retain 10 per cent of their advance export earnings received from foreign buyers, a move aimed at boosting cash flow and simplifying business operations. The central bank issued a circular on Thursday, lifting the retention obligation to facilitate the procurement of raw materials, streamline production…
Bangladesh is undergoing a profound political transition through reforms as it prepares for elections in February so that a return of authoritarian rule is prevented, Chief Adviser Muhammad Yunus has told world leaders. Trade, migration, bilateral and greater economic cooperation and current global issues of common concern figured high in his talks with the heads…
The government will draft a law to establish a commercial court within a month to ensure the speedy resolution of commercial cases and business-related disputes, Commerce Secretary Mahbubur Rahman said yesterday. “The process of establishing a commercial court is ongoing,” he told a seminar on advancing dispute settlement and contract enforcement for businesses, organised by…