CottonPort, Bangladesh’s first digital raw cotton marketplace, has launched with an initial offering of 82 tonnes of United States (US)-grown cotton aimed at giving local spinning mills direct access to American farmers.
Bangladesh garment exporters are increasingly adopting artificial intelligence (AI)-powered Internet of Things (IoT) monitoring systems, with some factories reporting productivity gains of up to 25%.
Bangladesh’s National Board of Revenue (NBR) has ordered customs houses to avoid unnecessary inspections, paperwork, and delays in releasing import and export consignments, issuing 13 instructions aimed at easing business procedures.
Greater political and social stability since Bangladesh’s February election has encouraged Japanese companies to reconsider investment opportunities in the country, a Japan External Trade Organization (JETRO) official said Saturday.
Bangladesh exported $238.5 million worth of pharmaceutical products in fiscal year 2025-26, up 12% from $213.2 million a year earlier, according to Export Promotion Bureau (EPB) data.
Bangladesh and India are considering reopening closed border haats, restoring land ports to full capacity, and lifting restrictions on yarn imports through land routes as part of efforts to revive bilateral trade.
Bangladesh has appointed Chowdhury Ashik Mahmud Bin Harun as chairman of Invest Bangladesh Authority under Prime Minister’s Office for a one-year contractual term, according to a government notification issued Sunday.
Invest Bangladesh formally began operations Thursday after the government merged three agencies in an effort to streamline services and reduce barriers for investors.
Bangladeshi businesspeople in the United Arab Emirates (UAE) are considering investing Tk1,000 crore (approximately $80.8 million) in Bangladesh if the government eases approvals and provides land, infrastructure, and investment protections.
Bangladesh has cut combined import duties and taxes on green chilies and tomatoes to 20.5% from 61% for one month, seeking to boost supply and ease prices.
