Foreign Trade

Foreign Trade
Editorial

Import of rice and wheat at higher price Decision against public interest for whose sake

Though this is a time befitting decision to ensure food security of the country, the food ministry has inked a deal to procure wheat from Russian at higher price violating the law, and, furthermore, ...

Wheat is seen in a field near the southern Ukranian city of Nikolaev 8 July 2013.

Bangladesh cancelled tender to buy 50,000 tonnes wheat: Traders

Bangladesh's state grains buyer has cancelled and withdrawn an international tender to purchase and import 50,000 tonnes of wheat with no purchase made, an official said

Trial run of goods transportation to Meghalaya of India begins via Tamabil land port under transit deal.

Export to Nepal, Bhutan likely to rise as India proposes free transit

Bangladesh’s export to Nepal and Bhutan is likely to increase as India has offered free transit to Bangladesh to carry its goods to a third country

Standard Chartered.

Int'l trade Many foreign banks turning away

Many foreign banks have stopped renewing the credit facilities of the local banks while some are not even allowing using the credit line approved by them, resulting in causing problems to some ...

Bangladesh to buy 200,000 tonnes of rice from Myanmar

Bangladesh to buy 200,000 tonnes of rice from Myanmar

Bangladesh will buy 200,000 tonnes of white rice from Myanmar, putting aside a rift over the Rohingya refugee crisis as the government races to shore up depleted reserves amid soaring prices for the ...

Salman F Rahman

All export-oriented industries should get equal facilities: Salman F Rahman

Salman F Rahman, adviser on the private sector to prime minister and one of the country's leading businessmen, has said all export-oriented industries should get similar facilities to meet the ...

Rice samples are seen demonstrating for export at a rice processing factory in Vietnam's southern Mekong delta, Vietnam on 6 July 2017.

Bangladesh to import 330,000 tonnes rice from India, Vietnam

Bangladesh is finalising deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves and cool domestic prices, two officials with direct knowledge of ...

Bangladesh set to import 500,000 tonnes of wheat from Russia: Sources

Bangladesh set to import 500,000 tonnes of wheat from Russia: Sources

Bangladesh is set import 500,000 tonnes of wheat at $430 a tonne from Russia in a government-to-government deal as it battles to secure supplies amid surging prices, two government officials with the ...

Deal soon to import 350,000 tonnes of wheat from Russia

Deal soon to import 350,000 tonnes of wheat from Russia

Dhaka has nearly finalised a government-to-government (G2G) agreement with Moscow under which Bangladesh will primarily import about 350,000 tonnes of wheat from Russia

Oil tankers pass through the Strait of Hormuz, on 21 December 2018.

Russia is China's top oil supplier for 3rd mth in July

Russia held its spot as China's top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted supplies while cutting shipments from ...

India uses Tamabil land port to transport goods from Kolkata to Meghalaya

India uses Tamabil land port to transport goods from Kolkata to Meghalaya

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

Employees work at at a garments factory in Gazipur, Bangladesh on 7 February 2021.

Bangladesh's garments exporters brace for slowdown after Walmart warning

After recovering swiftly from the havoc caused by the Covid-19 pandemic, Bangladeshi garment manufacturers are now anticipating a slowdown as sales at key customers such as Walmart are hit by a spike ...

Two workers process wheat in India.

India wheat prices jump to record high, limit scope for govt-to-govt deals

Indian wheat prices jumped to a record high, despite a ban on exports, amid strong demand and dwindling supply from a crop damaged by heatwave.

Photo shows a herd of buffalo

India keen to export buffalo meat to Bangladesh

Delhi has sent a letter to Dhaka requesting permission to export buffalo meat to Bangladesh

India's forex reserves at 20-month low

India's forex reserves at 20-month low

India's foreign exchange (forex) reserves slumped by $7.541 billion to $572.712 billion for the week ended 15 July, the lowest level in 20 months, as the Reserve Bank of India (RBI) likely used its ...

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