Industries

Exports make strong rebound

Export earnings rebounded strongly in the just-concluded fiscal year, fetching $38.75 billion, buoyed by a revival in the shipment of garment items, official figures showed yesterday.
5 July 2021, 18:00 PM

X Ceramics to go for high-end tiles

The demand for premium quality tiles has grown by around 10 per cent annually for the past decade thanks to a section of affluent customers who look for the finest products to decorate their homes and offices.
3 July 2021, 18:00 PM

Cattle traders in a blue funk as Covid rages on

The worsening Covid-19 situation has generated apprehensions among cattle farmers of Sirajganj and Pabna, two of the biggest cattle rearing hubs of the country.
3 July 2021, 18:00 PM

Operators eye SIM-locked phones to ramp up 4G use

Mobile phone operators are seeking permission from the government to sell network-locked or fixed-SIM handsets at lower prices so that more people can afford smartphones and use 4G service.
3 July 2021, 18:00 PM

Xinjiang forced labour claims unfounded: CSA

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations there, the country's solar association said.
1 July 2021, 18:00 PM

FBCCI seeks moratorium on loan classification until Dec 31

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.
1 July 2021, 18:00 PM

FBCCI seeks moratorium on loan classification until Dec 31

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.
1 July 2021, 18:00 PM

Mango farmers’ hopes shattered

With over 50 per cent of mangoes yet to be harvested, the nationwide lockdown beginning yesterday has upended the normal marketing system, upsetting the already disappointed farmers of Rajshahi region.
1 July 2021, 18:00 PM

Microsoft gets VAT registration

Microsoft, the introducer of the most widely used operating system Windows, yesterday got value added tax (VAT) registration from the National Board of Revenue (NBR), a development that would enable the revenue authority to get the tech company under its monitoring.
1 July 2021, 18:00 PM

Rod prices surge for costlier raw materials

The price of mild steel (MS) rods has increased by Tk 1,500 per tonne in Bangladesh in the past month because of the rising cost of raw materials globally, making building houses and implementing infrastructure projects costlier.
1 July 2021, 18:00 PM

Britain working with EU as momentum grows for wider travel reopening

Britain is working with countries across the European Union to encourage them to accept its fully vaccinated travellers, its business minister said on Thursday, as momentum builds for a fuller reopening of travel from the United Kingdom.
1 July 2021, 18:00 PM

Xinjiang forced labour claims unfounded: CSA

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations there, the country’s solar association said.
1 July 2021, 18:00 PM

Many apparel workers walk to work

Many garment workers faced trouble yesterday as they walked to their workplaces in absence of public transport and for not having any transport arranged by the factories on the first day of a week-long strict countrywide lockdown.
1 July 2021, 18:00 PM

Nissan bets on UK ‘renaissance’ with battery plant, new vehicle

Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.
1 July 2021, 18:00 PM

US weekly jobless claims fall; layoffs hit 21-year low in June

The number of Americans filing new claims for unemployment benefits fell more than expected last week, while layoffs plunged to a 21-year low in June as companies held on to their workers amid labor shortages. 
1 July 2021, 18:00 PM

23 firms picked for accolades

The government, for the first time, is going to honour 23 small, medium and large companies with the "Bangabandhu Sheikh Mujib Industrial Award" for their contribution to industrialisation, job creation, product diversification and innovation.
1 July 2021, 18:00 PM

RedDot brings Tk 15cr private equity fund

RedDot Digital has unveiled a private equity fund worth Tk 15 crore called 'R-Ventures' to promote digital entrepreneurship in Bangladesh, according to a press release from the company issued yesterday.
1 July 2021, 18:00 PM

S&P Global cuts India’s growth forecasts

S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
29 June 2021, 18:00 PM

Mithai opens 10 new outlets in Ctg

Confectionery retailer Mithai of Pran-RFL Group recently opened 10 new outlets in Chattogram city, taking the countrywide total to 130.
29 June 2021, 18:00 PM

Hapag-Lloyd suspends bookings of Bangladesh-bound cargoes

Hapag-Lloyd, a German container shipping company, has decided to suspend its booking of import containers bound for Bangladesh via Singapore for a month.
29 June 2021, 18:00 PM