The International Finance Corporation (IFC) is providing up to $35 million fund to Tanveer Food Limited (TFL), a concern of the Meghna Group of Industries (MGI), to help establish a state-of-the-art automated rice mill in the Bogura region.

The government yesterday recognised 44 industrialists as commercially important person for their contribution to the economy for 2021.

Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), is going to be the new president of the Saarc Chamber of Commerce and Industry (SCCI), the apex trade body of the south Asian region.

The government spent a whopping Tk 1,200 crore to lay optical fibre across 2,600 unions of Bangladesh under phase-3 of the Info Sarkar project, which aims to provide high-speed internet at the union level.

Delta Life Insurance Company Ltd recently signed an agreement with Ha-Meem Group and its subsidiaries Channel-24 Ltd and the daily Samakal on insurance facilities.

Prime Bank has recently signed a strategic partnership agreement with Gazipur-based Dream Square Resort.

The central bank has asked banks to take precautionary measures to ensure the fire safety of their business centres.    

The government, for the first time, will recognise one individual and seven organisations for their contribution to Bangladesh’s tea industry, said the commerce ministry yesterday. 

Taxpayers who have to file returns to avail 38 types of services are likely to be required to pay a minimum tax from next fiscal year, said the finance ministry officials yesterday. 

Ali Reza Iftekhar has been serving EBL as MD since 2007

The awards include tea garden with the highest yield, garden producing the "best quality" of tea, entity making the highest amount of export, "best" small-scale tea producer and best tea garden based on worker welfare.

He is also the president of FBCCI and BPGMEA

The awareness regarding trade-based money laundering was low four years ago, but over- and under-invoicing of values have reduced as prices are monitored, said ABB Chairman Selim RF Hussain.

Onion seed farmers in Faridpur, a major growing district in southern Bangladesh, are enjoying bumper yields this year as the weather was favourable during cultivation, according to market players.

The government is planning to undertake a Tk 303-crore project to increase milk, meat and egg production in char areas under Dhaka division by at least 15 per cent to 20 per cent and subsequently improve living standards.

Scientifically unfounded apprehensions of health risks from radio waves of phone masts have turned into a major impediment to the delivery of better services from telecom and tower service providers. 

Bangladesh’s public expenditure is not growing in keeping pace with the steadily expanding economy as it struggles to raise adequate revenues, thus failing to ensure full implementation of development programmes and provide expected services to its citizens.  

The 18th edition of the international tourism fair, styled “Air Astra Dhaka Travel Mart”, saw overall transactions that exceeded Tk 10 crore, according to organisers of the fair.

Apple’s authorised reseller Gadget & Gear (G&G) in partnership with Standard Chartered Bangladesh yesterday announced the opening of its first-ever Apple experience store, Gadget Studio by G&G.

The British government on Friday unveiled a new £1 billion semiconductor strategy to invest in infrastructure, research and security as the UK tries to diversify its chip supply chain.