Russia wants to import mango

Russia has expressed interest to buy mangoes from Bangladesh, said the Ministry of Agriculture yesterday.
18 August 2021, 18:00 PM

Pandemic weighing on schoolbag makers

Habibur Rahman, a Chattogram-based schoolbag manufacturer, suddenly fell into deep financial peril ever since the coronavirus pandemic first reached Bangladesh in March 2020.
18 August 2021, 18:00 PM

BGMEA calls for releasing imports directly from port

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday requested the Chittagong Port Authority (CPA) to allow the release of imported goods directly from the port instead of private inland container depots (ICDs) to save time and cost.
17 August 2021, 18:00 PM

IFC commits $791m for private firms

The International Finance Corporation (IFC) has committed $791 million to support Bangladesh’s businesses amidst the coronavirus pandemic.
17 August 2021, 18:00 PM

Closure of jute mills: Workers in Khulna demand arrears, reopening of factories

Workers of two Khulna jute mills which were earlier shut down today demonstrated demanding reopening of closed mills and payment of all dues.
17 August 2021, 11:38 AM

Kuakata to reopen to tourists Thursday

After 139 days of closure, tourist attractions in Kuakata will reopen on Thursday (August 19).
17 August 2021, 06:47 AM

Govt signs 50m euro financing deal with AFD

The government recently signed a €50 million credit facility agreement with the Agence Française de Développement (AFD) to accelerate Bangladesh’s economic transition to a green economy.
16 August 2021, 18:00 PM

Apparel makers seek direct delivery from port

Garment manufacturers no longer want to take delivery of import consignments from private inland container depots (ICDs) alleging it took up too much time while the charges were exorbitant.
15 August 2021, 18:00 PM

No global gain yet for Jamdani

Naturally it was expected for the BSCIC to create a framework for commercial planning and training, production and marketing for weavers.
15 August 2021, 18:00 PM

Soybean oil consumption grows fast

Soybean oil consumption is growing faster than that of palm oil, buoyed by increasing preference among families to prepare foods.
14 August 2021, 18:00 PM

No entertainment allowance for online training

The government has suspended entertainment allowance and halved the honorarium for trainees and organisers of online in-house training amid the Covid-19 pandemic.
14 August 2021, 18:00 PM

MFS transactions off the charts

Money transferred through growing mobile financial services (MFS) in Bangladesh rose 40.50 per cent year-on-year to Tk 62,993 crore in June as people continue to rely on the digital platform amid the unabating coronavirus pandemic.
14 August 2021, 18:00 PM

RMG exports rise from the rubble

Garment exports to non-traditional markets have been showing an encouraging trend amid the ongoing Covid-19 pandemic as shipments grew 6.36 per cent to $5.08 billion in fiscal year 2020-21.
14 August 2021, 18:00 PM

Rice import duty cut to 25.75% till Oct

The revenue authority has slashed import tariffs on rice until October 30 this year to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.
12 August 2021, 18:00 PM

When to submit wealth statement

Anyone with experience of preparing tax returns is aware that there is a complicated part: matching asset with liability.
12 August 2021, 18:00 PM

US garment buyers to get special attention

The government has taken a special initiative to increase the volume of garment export to the US markets, as the shipment of apparel items to the country’s single largest export destination is growing on the back of high demand.
12 August 2021, 18:00 PM

Manipuri weavers stare at bleak future

Weavers and clothing entrepreneurs in Kamalganj upazila of Moulvibazar usually take on loans to make Manipuri clothing items as they get ready for higher sales ahead of Eid festivals.
12 August 2021, 18:00 PM

Label Makers to invest $1.14m

Label Makers, a Bangladeshi company, is going to establish a garment accessories plant in Dhaka Export Processing Zone with an investment of $1.14 million.
12 August 2021, 18:00 PM

Govt limits jute stockpiling

The Ministry of Textiles and Jute has issued a circular stating that no company or individual will be allowed to stockpile more than 1,000 maunds of jute for more than one month.
12 August 2021, 18:00 PM

Cryptocurrency platform loses $600m in cyberheist

A cryptocurrency platform has lost an estimated $600 million in digital tokens after one of the sector’s biggest ever hacking attacks, according to details of the heist which emerged on Wednesday.
11 August 2021, 18:00 PM