Stalemate eases over waiver certificates at Ctg port

A breakthrough finally came about yesterday over a stalemate centring issuance of waiver certificates which allow foreign flagged container vessels to carry cargo to and from the country’s seaports.
2 March 2023, 02:30 AM

Insurers’ asset, investment growth drops

The life and non-life insurance sectors have been in a tight spot for the past three years due to the economic shocks resulting from Covid-19 and the ongoing war between Russia and Ukraine.
2 March 2023, 02:00 AM

Golden Harvest launches franchise GoodFood

Golden Harvest Agro Industries has launched a franchise, “GoodFood”, at South Banasree (Block-L) in Dhaka recently. 
1 March 2023, 18:00 PM

Ensure insurance claims are paid after proper investigation

Prime Minister Sheikh Hasina yesterday called for ensuring that insurance claims were paid after proper investigation to curb anomalies in this sector.   
1 March 2023, 18:00 PM

Ready infrastructure to make economic zones attractive: DCCI

The government should put in place required infrastructural and utility facilities to ready economic zones and draw investments, said the Dhaka Chamber of Commerce & Industry (DCCI).
1 March 2023, 18:00 PM

SAIF Powertec launches brokerage firm

Listed logistics and container supply chain management provider SAIF Powertec has launched a sister concern, Trust Regional Equity, a TREC (trading right entitlement certificate) or brokerage licence holder of Dhaka Stock Exchange (DSE). 
1 March 2023, 18:00 PM

Asia Pharma Expo kicks off today

The Asia Pharma Expo-2023, the largest international trade fair for pharmaceutical companies in Bangladesh, will begin at the International Convention City Bashundhara in Dhaka’s Kuril today.
1 March 2023, 18:00 PM

Remittance rises in Feb year-on-year

Remittance inflow has increased 4.46 per cent year-on-year to $1.56 billion in February this year as expatriate Bangladeshis have been opting to use the legal channel in the last couple of months to send their hard-earned money. 
1 March 2023, 18:00 PM

Reduced corporate tax rates yield no benefits

Companies in Bangladesh are failing to benefit from the reduced corporate tax rates owing to limits on cash transactions imposed by the National Board of Revenue (NBR) in the current fiscal year, said two leading chambers yesterday.
1 March 2023, 18:00 PM

Truck sales drop for lower demand

The sales of commercial vehicles, particularly heavy-duty trucks, fell nearly 22 per cent year-on-year in 2022 in Bangladesh due to their higher price, a surge in fuel costs and lower imports. 
1 March 2023, 02:00 AM

US envoy visits MGI seed crushing mill

US Ambassador to Bangladesh Peter Haas visited Sonargaon Seeds Crushing Mills, a sister concern of the Meghna Group of Industries (MGI) situated around 40 kilometres southeast of the capital, yesterday.
28 February 2023, 18:00 PM

Khaas Food opens Banasree outlet

Khaas Food has opened its 16th retail outlet in Banasree (Block E, Road 4, House 43) in the capital yesterday, when a 25 per cent discount was also offered. 
28 February 2023, 18:00 PM

UK magazine honours Sheltech MD

Real estate and housing company Sheltech Group’s managing director has been accorded the title of “Most Inspiring Young Business Leader, Bangladesh for 2022” at Global Brand Awards 2022 recently.  
28 February 2023, 18:00 PM

Evaly customers get back only Tk 1.45 lakh so far

Although Evaly owes Tk 400 crore to Tk 1,000 crore to its thousands of customers and merchants, only 14 clients have got back Tk 1.45 lakh after a refund process began last month, commerce ministry officials said.
28 February 2023, 18:00 PM

Realtors seek money whitening scope for 10 years

Realtors yesterday called for an unconditional black money whitening scope for five to 10 years with a view to stopping money laundering and attracting investments to the housing sector.
28 February 2023, 18:00 PM

Ensure adequate power, gas for business: MCCI

The Metropolitan Chamber of Commerce and Industry (MCCI) has urged the government to ensure adequate supplies of electricity and gas for the sake of smooth economic activities.
28 February 2023, 18:00 PM

Garment export to US falls

Bangladesh’s garment exports to the United States of America (US) declined in January this fiscal year, suffered by dip in shipments of knitwear items to the biggest market.
28 February 2023, 18:00 PM

Skills gap persistent challenge

Bridging the skills gap is a persistent challenge that needs to be addressed through public-private partnerships, said Sanjeev Krishan, chairperson of PricewaterhouseCoopers (PwC) for India, Bangladesh, Nepal and Bhutan
28 February 2023, 03:30 AM

BASIS expo stood out for new tech, youths’ optimism

Some youths were experiencing immersive and interactive environments of augmented and virtual reality with headsets, some were amazed to see a simulation that a robot can rescue the people trapped in a collapsed building, while others were competing with each other in virtual tournaments.
28 February 2023, 03:00 AM

ADP execution rate in Jul-Jan lowest in 3 years

The first seven months of the current fiscal year of 2022-23 saw the lowest implementation rate of the annual development programme (ADP) in the last three years, with only 28.16 per cent of the total outlay being spent till January. 
28 February 2023, 02:30 AM