The government has issued a policy which comes with tax and export incentives to encourage entrepreneurs to establish automobile plants here in Bangladesh.

Coca-Cola Bangladesh has recently announced Ta Duy Tung as its new managing director, who will work closely with the company’s bottling partners, customers and other external stakeholders in the country.

The government has no plan to shut down any e-commerce company now due to irregularities by some 10 to 12 companies, Commerce Minister Tipu Munshi said today.

Feed millers have called upon the government to stop the export of soybean meal, a major ingredient of feed for poultry, fish and cattle, for the sake of the livestock industry in the country.

The commerce ministry will have to take the primary responsibility to help the customers conned by some rogue e-commerce firms get refunds, said Finance Minister AHM Mustafa Kamal.

Bangladesh’s gross domestic product (GDP) is expected to grow by 6.8 per cent in fiscal year 2022, according to the latest Asian Development Outlook 2021 released today by the Asian Development Bank (ADB).

The stock market index dropped today just after touching a record high a day earlier.

Meigo (Bangladesh) Ltd, a fully foreign owned Chinese company, is going to establish a toy manufacturing factory in Dhaka Export Processing Zone with an investment of $6.55 million.

Most of the operations at Chittagong port remain suspended for the second consecutive day today, as a faction of owners and workers of goods transport are observing a countrywide 72-hour work abstention since yesterday.

Prime Minister Sheikh Hasina has sought US investment in Bangladesh’s promising sectors such as information and communication technology (ICT), renewable energy, agro-processing, blue economy, tourism and hi-tech parks.

E-commerce platform Daraz Bangladesh relaunched its dMart campaign yesterday to give customers a special opportunity to conveniently grab their daily essentials.

Shares on the Dhaka Stock Exchange rose for the second consecutive day yesterday thanks to the investors’ sustained optimism and a cut in the interest rate on savings certificates and wage-earners development bonds.

Milk production has turned costlier in the past few months due to soaring prices of animal feed, leaving dairy farmers with little hope of securing expected profits.

Bangladesh Competition Commission (BCC) yesterday warned e-commerce platforms that punitive measures would be taken over predatory pricing through abuse of dominant positions in the market and anti-competitive practices, including collusion.

The Asian Development Bank has launched a new country partnership strategy (CPS) for Bangladesh with a plan to accelerate lending in order to boost competitiveness, employment, green growth and social protection.

SM Amjad Hossain, chairman of South Bangla Agriculture and Commerce Bank, has expressed his intention to resign, citing illness.

Over a year past shutting down state-run jute mills, the government has made little progress in modernising and reopening them, up until now having merely selected some potential lessee proposals for ministry-level vetting.

The government has cut the interest rate on savings certificates and wage-earner bonds by 1 to 3 percentage points – a move that may help the authorities save but hurt the middle-income group dependent on the returns to make a living.

The transport operators’ countrywide strike yesterday affected export and import of goods at a time when businesses have been attempting to make a recovery from the fallouts of the Covid-19 pandemic.

E-commerce firmly began to put down roots in Bangladesh back in 2009 and since then has gone on to become a mainstay in the retail landscape.