Speaking at a business forum attended by around 100 Chinese companies eager to explore investment and trade opportunities in Sri Lanka, Minister Wang called for accelerating negotiations on the FTA.
Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.
Anto Marcus, Secretary General of the Free Trade Zones and General Services Employees Union, confirmed that the company failed to consult workers as mandated by their collective agreement.
China has grown into one of Bangladesh’s most significant economic partners. In FY 2023–24, Bangladesh imported goods worth $16.637 billion from China, accounting for 26.4 per cent of the country’s total imports, indicating the growing demand for Chinese products.
Retrenchment is the dominant theme on both sides. However much the West and China may wish to compete for the Global South’s affections, the constraints of their respective political economies limit their offer.
Trump’s crackdown on international drug pricing is poised to have far-reaching consequences for developing nations, where access to affordable medicines has historically relied on such price disparities.
Bangladesh Bank has confirmed the formation of a task force to evaluate the situation. It is also drafting a new “Bank Resolution Act” that will provide a legal and procedural framework for the proposed mergers and acquisitions.
The return to the negotiating table after nearly two decades underscores the particular challenges faced by small, environmentally vulnerable economies.
The return to the negotiating table after nearly two decades underscores the particular challenges faced by small, environmentally vulnerable economies.
As per the newly ratified amendment to the Immigration Act, travellers coming to Maldives via Israeli passports will not be allowed entry. However, Israeli passport holders can also enter the country if they have dual citizenship, and travel through passports from another country.
The SCL Act, which covers 63 items, imposes taxes at high rates on staple foods such as rice, potatoes, and maize. Critics argue that while these taxes protect domestic agriculture, they also make basic foods costly, exacerbating malnutrition among poor families.