Bangladesh is set to become a major source of recycled yarn and fabrics made from plastic bottles as the country looks to capture more market share of global high value-added garment items such as activewear, outerwear, padding and quilting.

The Bangladesh Telecommunication Regulatory Commission (BTRC) will hold the spectrum auction for fifth-generation (5G) mobile and internet connectivity on March 31 and give the telecom operators 6 months to roll out the service from the day of the auction.

Bangladesh and India have decided to finalise at the earliest the joint study on India-Bangladesh Comprehensive Economic Partnership Agreement (CEPA), reopen border haats closed due to Covid-19 pandemic and reached a consensus over the use of returning empty railway wagons and containers by Bangladesh for exports to its western neighbour.

Global payments messaging network SWIFT has asked Bangladesh’s banks to suspend transactions with seven Russian lenders since they are facing sanctions from the United States and the European Union over Moscow’s invasion of Ukraine.

Food inflation facing the poor and the marginalised in Bangladesh is more than twice the official figure since the national statistical agency relies on an old base year that does not reflect reality, said the South Asian Network on Economic Modeling (Sanem).

Standard Chartered Bank has donated a pressure swing adsorption (PSA) medical oxygen generation plant to Chattogram Maa-O-Shishu Hospital (CMOSH) in Agrabad of the port city yesterday.

With pioneering, timely and cost-effective service, Summit Alliance Port Ltd (SAPL) facilitated Bangladesh’s spinning mills and the ready-made garment (RMG) sectors by providing a much-needed alternative logistics solution for their vital industrial raw material, especially break-bulk raw cotton from India.

After twice rejecting proposals to buy 3.95 lakh tablet computers for the Bangladesh Bureau of Statistics (BBS), the government yesterday granted approval to this end so that the statistical agency can conduct the population and housing census which was set to begin three years

The textiles and jute ministry plans to honour 11 individuals and organisations for their contribution to increasing production and export of jute and jute products, said a statement from the ministry.

Investors from anywhere in the world can now open an account at any branch of Sonali Bank through the one stop service portal of Bangladesh Investment Development Authority (Bida).

Rising  freight rates globally for demand recovery and supply disruptions as  well as an increase in transport costs locally owing to a hike in diesel  prices have made it difficult for small-scale cement manufacturers to  compete in Bangladesh.

During my childhood, I was quite accustomed to seeing my parents’ unhappy reaction to my somewhat consistent poor performance in school. There was very little I could do to fulfil their wishes as I was too busy mastering skills in sports, namely, football, cricket, badminton, swimming, chess and what not!

The Boithakata floating market on the Belua river in Pirojpur has transformed into a major centre for wholesalers as many people directly depend on the century-old market as their primary means of trade.

The government is going to purchase 30,000 tonnes of Muriate of Potash (MoP) fertiliser from Russia as the third lot of its contract to buy 2.70 lakh tonnes of the crop production input from the world’s largest fertiliser exporter.

Bangladesh will again urge India to withdraw the anti-dumping duty (ADD) on locally produced jute and jute goods during a commerce secretary-level meeting between Dhaka and New Delhi today.

The insurance industry rebounded strongly in 2021 after getting hit by the coronavirus pandemic thanks to the contraction of excessive commission to agents and digitisation of services.

Economics should be people-centric in order to support the marginalised sections of the society, said economists today.

The jute and textile ministry plans to honour 11 individuals and organisations for their contribution in increasing production and export of jute and jute products.

Bangladesh Economic Zones Authority (BEZA) is planning to introduce business continuity plan (BCP) in economic zones to protect investment from disaster related loses and develop institutional mechanism for promoting resilience in business.

Investors from anywhere in the world can now to open an account at any branch of Sonali Bank through the one stop service portal of Bangladesh Investment Development Authority (Bida).