BFIU to work with law enforcers

The Bangladesh Financial Intelligence Unit (BFIU) will work with law enforcement agencies to tackle hundi, online gambling, betting, foreign currency and crypto trading, officials said yesterday.
10 August 2023, 18:00 PM

BPC again seeks time, funds

The deadline for the “Installation of Single Point Mooring (SPM) with Double Line” project will be extended for the fourth time with the cost to be raised by around Tk 1,000 crore, or 15 percent, according to the Planning Commission.
10 August 2023, 00:00 AM

Can Bangladesh hit development goals with scanty R&D?

Bangladesh’s economy has been growing at a striking rate in the last one decade on the back of low-paid workers in the manufacturing and service sectors but innovation has played insignificant role behind the development journey.
10 August 2023, 00:00 AM

Fakir Knitwear to invest $45.8m at BSMSN

Fakir Knitwear Limited is set to invest about $45.82 million to set up a knit composite factory at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram.
9 August 2023, 18:00 PM

Biman signs code sharing deal with Gulf Air

In a new business strategy, Biman Bangladesh Airlines has signed its first strategic code sharing agreement with Gulf Air to enhance travel connectivity, convenience, and accessibility for passengers traveling between Bangladesh and the Gulf region.
9 August 2023, 18:00 PM

Miniso to open in Sylhet

Miniso Bangladesh, a retail chain of Miniso in the country, will launch its 25th store in Sylhet through a franchise. 
9 August 2023, 18:00 PM

Eggs now Tk 15 costlier per dozen

The price of eggs has gone up by as much as Tk 15 per dozen in retail markets, forcing consumers who are already overburdened with high inflation to spend more to avail the low-cost source of protein.
9 August 2023, 18:00 PM

Govt to build tech park in Dhaka

The ICT Division is building a technology park in the capital’s Karwan Bazar for Tk 160 crore as it looks to install business incubation centres at universities and collaborate with industry and academia with the infrastructure.
9 August 2023, 18:00 PM

A milestone towards a sustainable future

Congratulations and a big round of applause are due to Bangladesh’s apparel makers for bringing glory to the nation by reaching a new milestone of having 200 globally certified green factories.
9 August 2023, 18:00 PM

Boat market gets busy amid monsoons

The century-old boat market in Bhanga upazila of Faridpur is abuzz with buyers and sellers thanks to rising water levels in the Kumar river amid recent rains, but customer turnout is far less than before.
9 August 2023, 18:00 PM

India may guarantee supply of 7 essentials

Bangladesh is hopeful of an Indian guarantee of a quota ensuring the year-round import of seven essential commodities as the neighbouring country has shown interest and bilateral negotiations are progressing for signing an associated agreement. 
9 August 2023, 18:00 PM

Most equipment remains unused for lack of knowhow

Although two years have passed since the Department of Livestock Services (DLS) supplied its field offices with modern agricultural machinery for distribution among local farmers, most of the equipment remains unused as officials and beneficiaries of the programme lack relevant training. 
9 August 2023, 05:00 AM

Bangladesh outraces rivals in apparel export growth in US

Bangladesh’s apparel exporters displayed the sharpest growth in the US in 2022, leaving behind their competitors in the countries such as China and Vietnam, owing mainly to the lingering tariff war between Washington and Beijing and capacity building.  
9 August 2023, 05:00 AM

Defences against bank risks

Banks are an essential part of a nation’s economy. They facilitate the flow of funds from surplus units (depositors) to deficit units (borrowers) to fuel the growth of the economy.
8 August 2023, 18:00 PM

Nippon Paint eyes top spot in Bangladesh’s paint market

Nippon Paint Bangladesh, a concern of Nippon Paint Holdings of Japan, has drawn up a strategy to be a leader in the growing paints and coatings industry in Bangladesh, said a top official.  
8 August 2023, 18:00 PM

Bangladesh hits milestone of 200 green factories

Bangladesh’s garment industry has touched a new milestone after two more factories received the certification from the United States Green Building Council (USGBC) for their green initiatives, raising the total to 200.
8 August 2023, 18:00 PM

Visa opens office in Dhaka

Visa, the American multinational financial services corporation, recently opened an office in Dhaka as part of its “strategic expansion in South Asia”.
8 August 2023, 18:00 PM

Saudi investor withdraws director from Islami Bank

Saudi investor Arabsas Travel & Tourist Agency has withdrawn its director from the board of Islami Bank Bangladesh PLC, according to a report of the bank.   
8 August 2023, 18:00 PM

Hazzaz new CCCI president

Omar Hazzaz, son of a local ruling party lawmaker, has been chosen as the president of the Chittagong Chamber of Commerce and Industry (CCCI) by its 24 directors who had won uncontested.
8 August 2023, 18:00 PM

Hike in energy prices fails to improve supply

The perennial energy crisis of industries in Bangladesh remains unresolved even though energy prices have been hiked considerably to offset government subsidies in the sector and facilitate industrial productivity.
8 August 2023, 18:00 PM