Refayet Ullah Mirdha

The government will soon start allowing export of rice to create a balance in supply and demand and ensure fair prices of the staple in

The latest gas price hike may not push up the electricity price at the moment, but the move will hit some industrial sectors, including textile spinning and ceramics, as their production cost will rise significantly, industry insiders said.

Yarn and fabrics export rose 20.46 percent year-on-year to $141.12 million between July and May, an indication that Bangladesh can

Bangladeshis’ deposits in Swiss banks increased by 28.33 percent year-on-year in 2018 to 617.72 million Swiss francs or Tk 5,341 crore, according to the Swiss National Bank (SNB).

Leading business associations yesterday urged the government to ensure easy, hassle-free and business-friendly implementation of the new VAT law.

The government should support the garment exporters by devaluing taka against US dollar instead of giving them direct cash incentives, two economists said yesterday.

Businesses yesterday welcomed the budget as the government proposed some new initiatives which would aid growth, give rise to new entrepreneurs and enable more people to enjoy benefits of social safety net programmes.

After a span of five years, state-owned enterprises jointly incurred a loss in the outgoing fiscal year largely because of Bangladesh

The government may bump up bank borrowing by as much as 77.32 percent to Tk 54,800 crore for financing the budget deficit in fiscal 2019-20 as it looks to reduce overdependence on saving instruments.

Bangladesh raked in $3.81 billion in exports in May, the highest single month receipts in history, riding on the higher shipment of apparels, official data showed yesterday.

The government is set to create a Tk 100 crore fund for start-ups as it looks to alleviate youth unemployment, which is progressively becoming an albatross for the country.

Tougher competition in global trade awaits Bangladesh from next year when a mega trade deal among countries accounting for over 39 percent of the global GDP is scheduled to come into effect, sans Dhaka.

The government’s proposal to increase cash incentive by one percentage point for exporters is insufficient to jumpstart shipments from many sectors, said leaders of different trade bodies.

Import of knitted fabrics is spiralling thanks to the growing tendency of the Western retailers to demand the use of fabric from a

All BGMEA member factories have given Eid bonuses to their workers, while about 90 percent have paid the salary for the month of

Some Chinese garment makers want to set up factories under joint venture in Bangladesh as they see the country as a competitive destination to relocate plants amid raging US-China trade war and the rising cost in the world’s second largest economy.

The government is likely to take several steps for reviving the capital market and the real estate sector, including a cut in tax for flat purchase, in next fiscal year’s budget.

Japanese investors have called for removal of trade barriers to Bangladesh as they ponder over parking in more funds in the country, according to a leader of the Japan-Bangladesh chamber.

Ten more garment factories received the top billing from the United States Green Building Council (USGBC) to take the total to 24, the highest in the world, in a heartening development for Bangladesh’s apparel sector, whose image has been battered by incidents of industrial accidents.

Bangladeshi garment makers received one of the lowest prices in the world last year due to a lack of value-added apparel items, lack of negotiation skills, and image crisis. Among the garment trading nations in the world, Bangladeshi garment items were paid $2.79 per unit or per square metre equivalent