Business News

Experts have stressed the need to convert short-term stabilisation gains into a coherent medium-term reform agenda, with a particular emphasis on restoring investor confidence through political stability, stronger institutions, financial sector reforms and improved revenue mobilisation.

The rules also remove previous geographic restrictions, which prevented shipping agents from operating at ports outside the jurisdiction of the customs station that issued their licence. A single licence will now permit operations across all river and seaports in the country.

These firms are alleged to have imported raw materials duty-free under bond arrangements and diverted them to the local market instead of using them to manufacture export goods. The banking data will be cross-checked against import-export records using the ASYCUDA system and other trade databases.

For Bangladesh’s knitwear exporters, sustainability disclosure is increasingly being viewed as a strategic business enabler rather than a compliance exercise.

A total of Taka 701.6 crore was disbursed to 10 industrial groups under a six-month repayment condition following widespread labour unrest triggered by unpaid wages after 5th August last year.

The BGMEA requested garment factory owners across the country to keep their units closed on 31st December in solidarity with the national mourning announced following the death of former Prime Minister and BNP Chairperson Khaleda Zia.