Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.

Mexico-Bangladesh Virtual Business Platform has been launched with an aim to create better opportunities and bring the business community of both the countries to a single platform.

The stock market index dropped for a second consecutive day yesterday while turnover of Dhaka Stock Exchange (DSE) dropped to its lowest in the past one year.

The rising cost of fish feed has dealt a fresh blow to thousands of aquaculturists in Mymensingh who had only just started recovering from the coronavirus fallout as transportation and other facilities returned to normal after economic activities resumed.

Logistics-tech company Paperfly has confirmed Tk 102 crore new investment from Ecom Express, one of the leading tech-based e-commerce logistics solutions providers in India, as it looks to digitalise the local courier segment.

Large foreign banks operating in Bangladesh took a hit in 2021 as their profits plunged due to the impacts of the coronavirus pandemic and the lower interest rate regime.

Planning Minister MA Mannan yesterday ruled out the possibility of a Sri Lanka like situation in Bangladesh as the country’s economic stability is still strong.

Washington has asked Dhaka to improve labour conditions in response to Bangladesh seeking reinstatement of the GSP facility, which was suspended in 2013, and investments in infrastructure, blue economy, IT and pharmaceuticals.

Eastern Bank Ltd (EBL) signed an agreement with Bangladesh Satellite Company to connect its ATM network to Bangabandhu Satellite-1.

Brac Bank organised a programme in Munshiganj town recently for raising awareness on the benefits of remittance inflow through banking channels alongside honouring the top 10 remittance beneficiaries of Munshiganj.

Some 6,500 tonnes of dried fish have been produced at several chars by the Bay of Bengal and Sundarbans, earning the government over Tk 4.18 crore in revenue.

Bangladesh has huge potential in the blue economy and the country should work jointly with Sri Lanka for the development of the sector, Sri Lankan High Commissioner to Dhaka Sudharshan DS Seneviratne said today.

Logistics-tech company Paperfly today confirmed another Tk 102 crore investment from the leading Indian tech-based e-commerce logistics solutions provider, Ecom Express.

The prime index of the Dhaka Stock Exchange dropped for the second consecutive day today when its turnover hit a one-year low.

Mexico-Bangladesh Virtual Business Platform has been launched with an aim to create better opportunities and bring the business community of both the countries to a single platform.

Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.

The government has removed the upper ceiling of investment in two US dollar related bonds to enable non-resident Bangladeshis to invest as much as they want, according to a notification of the Internal Resources Division (IRD).

Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.

Trust Bank Ltd and Radisson Blu Dhaka Water Garden recently signed a memorandum of understanding (MoU) over having hotel dine facility for a one-year term.

Three Dhaka-based buying houses were found to have tried to launder Tk 6.9 crore through mis-declaration, according to the Chattogram Custom House.