Bangladesh’s Commerce Minister Khandakar Abdul Muktadir and Indian High Commissioner Dinesh Trivedi discussed several issues aimed at further strengthening trade relations between Bangladesh and India. According to a statement from the Commerce Ministry, the two sides discussed reopening the border haats that have remained closed, making the land ports fully operational and lifting restrictions on […]
Big Businesses Turn to Rooftop Solar Power as Capacity Surpasses 600MW
By The Dhaka Times Staff Correspondent Bangladesh’s major industrial groups are increasingly turning to rooftop solar power as rising energy costs, fuel shortages and pressure from international buyers to reduce carbon emissions drive investment in renewable energy. The combined generation capacity of rooftop solar power systems installed at various industrial establishments across the country has […]
Canada to unveil response to Trump’s steep tariffs
Canada is due to announce its answer to US President Donald Trump’s latest wave of tariffs Tuesday, as a trade war intensifies between the historically close allies. The new measures aim to support workers and businesses during “challenging times,” Canada’s government said late Monday, with officials to hold a press briefing to detail Ottawa’s response […]
Cabinet reshuffle draws mixed reactions, more changes may be coming
The government has carried out its first cabinet reshuffle six months into its term. Shortly after Mirza Fakhrul Islam Alamgir was sworn in as president on Friday, three new full ministers and two state ministers took oath. One state minister was promoted to full minister. At the same time, one minister was given a different […]
RMG faces stiffer competition, rising cost: BB
Bangladesh’s garment exports increased 11 percent year-on-year to $10.10 billion during the April-June quarter, the Bangladesh Bank said yesterday in its quarterly review. However, the central bank warned that the sector faces rising production costs and stiffer competition from rival exporting countries amid persistent global economic uncertainty and geopolitical tensions. “Going forward, export diversification, value-added […]
