FBCCI seeks Jica’s assistance to set up labs at ports

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought cooperation from the Japan International Cooperation Agency (Jica) to establish lab facilities at land, sea and international airports. 
2 September 2022, 04:00 AM

Improve poultry sector, ensure food safety

Necessary steps should be taken to ensure food safety and address challenges in the country’s poultry sector, which is a major source of nutrition for the general people, according to experts at a roundtable on Tuesday.
2 September 2022, 03:40 AM

Dutch, Bangladeshi firms to invest 6m euros in aquaculture

The Dutch government has teamed up with some Bangladeshi companies to invest 6 million euros to ensure sustainable growth of Bangladesh’s aquaculture sector. 
2 September 2022, 03:20 AM

Katimon mango cultivation growing in Rajshahi

Rafiqul Islam, a resident of Rajshahi’s Durgapur upazila, is breaking the mould when it comes to mango farming as he cultivates a non-traditional variety of the fruit called Katimon that grows year-round.
2 September 2022, 03:10 AM

Transit of Indian goods: Last trial runs next week

The last two trial runs aimed at the transit of Indian goods between Kolkata and north-eastern states of the country using Chattogram port in Bangladesh will take place next week.
2 September 2022, 02:50 AM

Familytex manipulated prospectus

Familytex (BD), a listed textile company, lied in its initial public offering (IPO) prospectus by saying that one of its sponsors was a South Korean national in a bid to create a positive impression among general investors, according to a probe.
2 September 2022, 02:40 AM

Exports grow at sharpest pace in five years

Merchandise exports posted a whopping 38.09 per cent year-on-year growth in August to bring home $4.67 billion, handing more breathing room to Bangladesh struggling to bring its macroeconomy under control, official figures showed yesterday.
2 September 2022, 02:20 AM

Robust remittance, exports to ease pressure on external sector

Migrant workers and Bangladeshis living abroad sent more than $2 billion in each of the first two months of the current fiscal year, a promising sign for the economy.
2 September 2022, 02:10 AM

bKash provides graphic novel ‘Mujib’ to 110 schools

Mobile financial service provider bKash provided graphic novel “Mujib” to 110 schools in Chattogram to inspire students with ideals of Bangabandhu Sheikh Mujibur Rahman. 
1 September 2022, 18:00 PM

Digital economy or high tax revenue?

An irony of most third-world countries is that honest taxpayers pay more tax and need to be more compliant than those who tend to dodge the system. Not only that, often honest taxpayers even end up getting fined for non-compliance!  
1 September 2022, 18:00 PM

Bangladesh fails to realise full potential of trade

In spite of a lot of emphasis by policymakers and top bureaucrats on facilitating trade and investment to bolster the economy,
1 September 2022, 03:40 AM

SHV Energy completes acquisition of Petromax LPG

Global off-grid energy distributor SHV Energy has completed the acquisition of local bottler and marketer Petromax LPG, joining Bangladesh’s growing liquefied petroleum gas (LPG) market.
1 September 2022, 03:30 AM

Bida, US venture capital firm to work together to attract FDI

The Bangladesh Investment Development Authority (Bida) has joined hands with US-based venture capital firm Anchorless Bangladesh to attract and facilitate targeted global investments and jointly promote investment opportunities in Bangladesh and abroad.
1 September 2022, 03:20 AM

Purnava rolls out folate-enriched eggs

Purnava, a subsidiary of Renata Limited, a pharmaceuticals and animal health product company, has introduced folate-enriched eggs for the first time in Bangladesh.
1 September 2022, 03:10 AM

Govt to appoint consultant for Bay Terminal works

The government will appoint a German joint venture as the consultant for the construction of a breakwater and channel dredging work at the proposed Bay Terminal, a long-awaited project of Chattogram port.
1 September 2022, 03:00 AM

Forex reserve falls to $39.05b

Bangladesh’s foreign exchange reserve has started to decline once again as it stood at $39.05 billion yesterday in contrast to $39.21 billion the day before.
1 September 2022, 02:50 AM

Labour rights, compliance must to boost exports: Rehman Sobhan

Bangladesh needs to ensure labour rights to comply with global standards and enhance productivity to tap the opportunity being created by the shifting of orders from China and many other markets, a noted economist said yesterday.
1 September 2022, 02:40 AM

Major egg producers deceived consumers

Major producers in Bangladesh colluded with each other to send the price of eggs to an unprecedented level in the middle of August, hurting the pockets of consumers already struggling to make ends meet, according to a probe report.  
1 September 2022, 02:10 AM

Territories under CBC Dhaka (North) named

The National Board of Revenue (NBR) has announced the territories that would be covered by the newly formed Customs Bond Commissionerate (CBC) Dhaka (North). 
31 August 2022, 18:00 PM

Foreign aid sees higher utilisation

The use of foreign aid for development projects in Bangladesh jumped 49 per cent year-on-year in July, providing some relief to the government amid the ongoing pressure on the country’s foreign exchange reserves.
31 August 2022, 03:15 AM