According to reports, Bangladesh, and Qatar eye broader cooperation in trade, investment.
Business News
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Industry sources claim that as temperatures rise to record highs, the oppressive heatwave is having a negative impact on factory output and a reduction in the number of workers nationwide.
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The country's main seaport, Chittagong Port, has seen a rise in the volume of cargoes and containers handled recently, increasing trade efficiency even as ship arrivals have decreased, as per reports.
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A report by Indian think-tank CUTS International has warned India about the potential effects of the proposed FTA between Japan and Bangladesh on commerce with Bangladesh.
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Bangladesh is now the second-largest supplier of ready-made garments in the world, but foreign attire still dominates the local market, industry insiders claim.
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To support the sector and eventually lessen reliance on cotton imports, Bangladeshi Government considers VAT removal for recycled fibre industry, reports claim.