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Yunus emphasises trade and connectivity in South Asia

Chief Adviser Professor Muhammad Yunus has underscored the importance of reviving and strengthening the South Asian Association for Regional Cooperation (SAARC), describing it as a “family of very close members” with significant untapped potential for regional integration.

Speaking at an event titled “A Conversation with Bangladesh's Chief Adviser Dr Muhammad Yunus”, hosted by the Asia Socie...

CA to address UNGA session today

Chief Adviser Professor Muhammad Yunus will address the 80th United Nations General Assembly (UNGA) session today.  According to the schedule, the session will begin at 9:00 a.m. local time (New York), and the Chief Adviser will address the session as the 10th speaker.
In his speech, Professor Yunus is expected to highlight the interim government’s reform initiatives, the aspirations of the July 2024 mass uprising, its firm commitment to holding free and fair elections in February 2026, ...

Pakistan seeks stronger economic ties with Bangladesh

Prime Minister of Pakistan Shehbaz Sharif has invited Chief Adviser Prof Muhammad Yunus to visit Pakistan, as the two leaders held a meeting on the sidelines of the UN General Assembly at the UN Headquarters on Wednesday.
They discussed ways to deepen economic relations between the two countries by expanding the existing bilateral trade, Chief Adviser’s Press Secretary Shafiqul Alam told reporters after the meeting.
At the beginning of the meeting, Prof Yunus expressed condolences to those wh...

BB scraps mandatory 10pc advance of export earnings

Bangladesh Bank has scrapped the mandatory requirement for exporters to retain 10 per cent of their advance export earnings received from foreign buyers, a move aimed at boosting cash flow and simplifying business operations.
The central bank issued a circular on Thursday, lifting the retention obligation to facilitate the procurement of raw materials, streamline production activities, and simplify the supply of goods.
The new directive, however, includes several safeguards to ensure genuine transactions. ...

Demand for Cumilla Division

Dr. Forqan Uddin Ahmed:
The background of the demand and call for the declaration of Cumilla Division has developed over a long time due to regional, administrative, economic, and cultural reasons. Cumilla is geographically, demographically, and historically an important area of Bangladesh. It is known as a center for trade, agriculture, and industry in East Bengal. For a long time, being under the Chattogram Division, Cumilla and its surrounding districts have been in a marginal position ...

Bangladesh, 3 others seek entry into RCEP

Bangladesh, along with Hong Kong, Sri Lanka and Chile, has formally expressed interest in joining the China-backed Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade bloc, according to Southeast Asian officials.

RCEP currently comprises China, Japan, South Korea, Australia, New Zealand and all ten members of the Association of Southeast Asian Nations (ASEAN). Officials attending the ASEAN trade and economic ministers’ mee...

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