Early FTA deal with EU could forestall export plummeting
A free-trade agreement (FTA) between Bangladesh and the European Union could limit deep garment- export drop due to loss of duty-free facility after the country's LDC graduation, according to a latest research.As post-LDC tariff cliff collides with zero-duty market access secured by chief regional rivals India and Vietnam through aggressive...
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BNP MP asked to show cause over ‘extortion’
The Bangladesh Nationalist Party (BNP) has served a show-cause notice on its lawmaker from Mymensingh-11 (Bhaluka), Fakhr Uddin Ahmed Bacchu, who also serves as convener of Bhaluka Upazila BNP, over allegations of violating party discipline, extortion in industrial areas and other unethical activities.The party's central office confirmed the development on...
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Country's external debt repayments to far outstrip receipts in three years
Bangladesh's foreign-debt repayments are projected to aggressively outpace fresh foreign-fund receipts within the next three fiscal years, analysts alert.Data from the Finance Division and the Economic Relations Division (ERD) reveal a looming fiscal squeeze, culminating in FY2028-29 when the country's total external debt -servicing obligations will peak at an unprecedented...
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UNFIT BUT STILL ROLLING: Passenger buses lacking valid fitness continue to ply city-
UNFIT BUT STILL ROLLING: Passenger buses lacking valid fitness continue to ply city streets as authorities appear to turn a blind eye. The photo was taken in Paltan area on Saturday. — FE Photo
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Local banks propose extra fees on 14 services
Local commercial banks have proposed some extra and new charges on 14 services.They are, among others, fees on frequent cash withdrawals, reactivating dormant accounts and higher account maintenance charges. They include minimum LC opening commission worth Tk 2000 which is a new proposal.Cash withdrawals from savings bank accounts will be...
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Argentina, Spain prep for WC final tomorrow
A general view as a drone show takes place over the New York Harbour, displaying a graphic of the FIFA World Cup trophy, in front of the Lower Manhatten skyline at Liberty State Park in Jersey City, New Jersey on Saturday . — AFP
NEW YORK, July 18, (AFP): Luis...
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Iranian army strikes US targets in Kuwait, Jordan, Saudi Arabia
TEHRAN, July 18 (AFP): Iran's army said it struck US military targets in Kuwait and Jordan in response to American attacks, according to a statement carried by the Iranian state broadcaster on Saturday.In Kuwait, Iranian forces targeted an ammunition depot at the Al-Adiri camp, the headquarters buildings and ammunition depots...
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