SMART customs control can raise trade and economic competitiveness

International trade is a key driver for economic growth and development. Over the last decade, Bangladesh posted an average gross domestic product (GDP) growth of 6.5 per cent that has been largely driven by international trade. During this period, volume of trade in Bangladesh has more than quadrupled. However, the...

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Developing garment sector for a better economy

BANGLADESH is the world's second biggest apparel exporter, China being the biggest. Bangladesh earned US$ 29 billion from its export of ready-made garment (RMG) in 2017, according to data from the World Trade Organisation (WTO). Most of our garment products go to the United States and Europe. The sector employs...

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World Economic Forum summit stresses global cooperation

The World Economic Forum's (WEF) four-day annual summit took place in Davos, Switzerland during 22- 25 January 2019 to address the major global issues and suggest solutions. Apparently keen to "improving the state of the world by engaging business, political, academic and other leaders of the society", the WEF has...

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