Raise Ctg port’s capacity to cut business cost, says FBCCI

The cost of doing business may come down by around 5 per cent if the capacity of the Chattogram port is increased, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday.
6 January 2022, 18:00 PM

Lawmakers can now import electric cars duty-free

Lawmakers will be able to import electric cars and hybrid jeep duty-free from now on, according to a notification of the National Board of Revenue (NBR) issued on Wednesday.
6 January 2022, 18:00 PM

BB tightens rules for selling digital services

The Bangladesh Bank yesterday said nobody would be allowed to sell foreign digital services if they are brought in from abroad for personal use.
6 January 2022, 18:00 PM

Bangladesh sees no imminent setback

Bangladesh is unlikely to face any immediate effect for the coal export ban by Indonesia, the world’s biggest thermal coal exporter.
6 January 2022, 18:00 PM

Non-food inflation: a runaway train

 Non-food inflation has been unbridled since the government hiked diesel and kerosene prices two months ago, touching 7 per cent in December, a six-year high, pounding consumers.
6 January 2022, 18:00 PM

Mobile money booms, empowers unbanked

Mobile financial services, seen as a means of poverty alleviation and financial inclusion, fared well in 2021 in Bangladesh thanks to adaptation of the people to digital transactions amid the coronavirus pandemic,
6 January 2022, 18:00 PM

Another 92 migrant workers leave for South Korea

Some 92 Bangladeshi workers left Dhaka’s Hazrat Shahjalal International Airport for South Korea yesterday through chartered flights operated by a Korean air company as the government of the East Asian nation resumed receiving foreign workers.
5 January 2022, 18:00 PM

Bangladesh primed for $8b monthly RMG export

Garment manufacturers are confident about supplying garment products worth $8 billion a month to international buyers after Bangladesh consolidated its place in the global supply chain by remaining open for businesses even during the peak of the coronavirus pandemic.
5 January 2022, 18:00 PM

120MW solar power plants approved

South Korean, Norwegian, and French companies will build two new solar power plants in Bangladesh from which the government will be able to purchase electricity at a slightly low cost.
5 January 2022, 18:00 PM

Pharma export buoyant

Medicines worth $105.50 million were exported in the July-December period, up from $86.33 million in the same period a year ago, data from the Export Promotion Bureau showed.
5 January 2022, 18:00 PM

NBR to outsource maintenance services

The National Board of Revenue (NBR) is going to outsource from the private sector maintenance services for electronic fiscal devices (EFD).
5 January 2022, 18:00 PM

LIFE INSURANCE business LIFELESS for long

Bangladesh’s listed insurers’ life funds, or portfolios into which policyholder’s life assurance premiums are paid and claims are paid out of, have remained nearly the same in amount since 2015.
5 January 2022, 18:00 PM

Investment Galore in spinning despite Covid

The spinning sector in Bangladesh witnessed a major jump in investment last year as entrepreneurs set up 26 new mills to meet rising demand despite uncertainty in the global apparel supply chain owing to the pandemic.
4 January 2022, 18:00 PM

Mills to produce less sugar

Two sugar mills, one in Thakurgaon and the other in Joypurhat, are set to produce a lower amount of sugar this year compared to last season as they have cut the volume of sugarcanes to be crushed, officials said.
4 January 2022, 18:00 PM

Shadow forces behind

Many “shadow forces” are working from behind the scenes delaying the purchase of tablets that would be used in conducting the country’s population census, said Planning Minister MA Mannan.
4 January 2022, 18:00 PM

Cost up by 74pc at Bepza economic zone phase 1

The estimated expenditure for the under-construction Mirsarai economic zone has spiralled by about 74 per cent due to changes for further development works and increase in the number of industrial plots.
4 January 2022, 18:00 PM

Dhaka airport gets 2 scanners

Two new state-of-the-art dual view X-ray machines have been installed at the export cargo village of Hazrat Shahjalal International Airport to exclusively screen perishable items, finally materialising a long time demand of exporters.
4 January 2022, 18:00 PM

Tesla delivers almost 1m cars globally in 2021

Tesla said Sunday it delivered nearly one million vehicles in 2021, almost twice as many as in the previous year, results that were better than expected despite global supply challenges.
3 January 2022, 18:00 PM

Harness trade potential with Indonesia

The government should take initiative to harness the potential of bilateral trade with Indonesia, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
3 January 2022, 18:00 PM

Gadkhali: flower hub reemerging from pandemic woes

As the dawn breaks, agricultural fields in Gadkhali, a remote village in the southwest district Jashore, unfold themselves with abundance of colours, calling upon nature lovers to come inside and feel the beauty of nature.
3 January 2022, 18:00 PM