German team due today
A German team of aviation experts is coming to Bangladesh today to audit the security standards at the international airport in Dhaka, two days after German national carrier Lufthansa stopped carrying direct cargoes from Bangladesh on security grounds, sources have said.
27 June 2016, 18:00 PM
Germany imposes ban on direct cargo flights
After Australia and the UK, Germany has imposed a ban on direct cargo flights from Bangladesh to any airport in Germany due to security reasons, said a notice of the Federal Aviation Authority of Germany yesterday.
26 June 2016, 18:00 PM
Exports may face a blow for Brexit: DCCI
Bangladesh's exports to the UK may greatly be affected due to a possible suspension of duty benefits by the British
25 June 2016, 18:00 PM
Lobbying with UK starts soon to retain trade benefit: Tofail
Bangladesh will soon start lobbying with the UK for the continuation of the zero-duty benefit following its exit from
25 June 2016, 18:00 PM
Simplify rules to form trade unions: ILO
The International Labour Organisation urged the government to simplify the process of registration of trade unions at the factory level
14 June 2016, 18:00 PM
Steps underway to arrest sugar price spiral
In the face of spiralling prices of sugar, Bangladesh Tariff Commission will sit with importers, refiners and traders tomorrow to suggest
14 June 2016, 18:00 PM
Exporters in trouble
The exporters of perishable goods are in trouble again as Biman Bangladesh Airlines is going through a shortage of pallets and other cargo-loading equipment on the ground.
13 June 2016, 18:00 PM
Bangladesh batik village goes into Eid overdrive
On a mundane Monday, the sun shone brightly in the front yard of the home-cum-factory of Iqbal Hossain and his wife but they were arranging batiks in neat folds, not caring about the heat.
12 June 2016, 18:00 PM
Exports on course to record
Exports are homing in on the target of $33.5 billion for this fiscal year after May's receipts took the tally to a touching distance.
8 June 2016, 18:00 PM
Businesses welcome VAT plan
Business leaders have welcomed the proposed budget for continuation of the package VAT system, but criticised withdrawal of the supplementary duty on the import of 1,200 products as the move will discourage the thriving local industries and fail to lure new investors.
2 June 2016, 18:00 PM
Corporate tax for apparel cut to 20pc
The corporate tax rate for the garment sector has been slashed 15 percentage points to 20 percent in the forthcoming fiscal year, in what is a middle ground between the demand of apparel manufacturers and the government.
2 June 2016, 18:00 PM
Businesses demand cuts in corporate taxes
Business leaders are expecting a budget that would reduce corporate tax, as the cost of doing business is on the
31 May 2016, 18:00 PM
German certification firm plans expansion in Bangladesh
TUV Sud, a German testing and certification company, plans to expand operations in Bangladesh to exploit the rising business
28 May 2016, 18:00 PM
DBL Group to set up $100m garment factory in Ethiopia
DBL Group, a leading apparel exporter, is investing $100 million to set up a garment factory in Ethiopia, encouraged by duty benefits
26 May 2016, 18:00 PM
Jadoo rolls out digital TV services
Digi Jadoo Broadband Ltd, a unit of Mohammadi Group, launched digital cable connections to deliver more channels and better services to its customers.
23 May 2016, 18:00 PM
H&M recycles 28,000 tonnes of garment
Swedish retail giant H&M began a revolutionary practice in February 2013: it started collecting old garment items
21 May 2016, 18:00 PM
Bangladesh to highlight progress in workplace safety
Bangladesh will underline the progresses made in workplace safety in the country’s garment sector since the Rana Plaza collapse in the first EU-Bangladesh joint business council scheduled to be held today.
11 May 2016, 18:00 PM
Bangladesh seeks duty-free access of 56 items to Nepal
Bangladesh yesterday demanded duty-free access of 56 items to Nepal to boost bilateral trade, at the third commerce-secretary level
10 May 2016, 18:00 PM
Retailers delaying funds for factory upgrades
Rezwan Selim, managing director of Softex Sweater, had to shutter one of his faulty units, Softex Cotton, in the capital’s Mirpur area after failing to receive remediation funds from his two main European buyers.
9 May 2016, 18:00 PM
Fresh gas price hike can choke textile sector
The proposed 130 percent hike in gas price for captive power plants will badly hurt the country’s primary textile sector, which is already struggling for the deluge of cheap fabrics and yarns from China and India.
7 May 2016, 18:00 PM