Six Bangladeshi companies today signed a land lease agreement with the Bangladesh Economic Zone Authority (Beza) to invest $457 million at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram and Sabrang Tourism Park in Cox's Bazar.

Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy.

Increased use of Saidpur airport by the neighbouring countries, including Bhutan, will increase Bangladesh’s regional trade, Commerce Minister Tipu Munshi said today.

The government should set up testing labs at ports to ensure fast delivery of imported goods and products for uninterrupted production, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

Bangladesh’s entrepreneurs have made a lot of advancements in building their capacity to make lighting products and accessories for residential and industrial use.

A Bangladeshi vessel—MV Trans Samudera—carrying an Indian transit container from Kolkata reached Chattogram port today.

The reopening of mills owned by the Bangladesh Textile Mills Corporation (BTMC) under a public-private partnership (PPP) programme is still shrouded in mystery as the private sector’s response remains poor eight years after the prime minister issued a directive in this regard.

HZ Outdoor International Co Limited is going to set up a garments and bag manufacturing factory in Karnaphuli Export Processing Zone (KEPZ) with an investment of $6.03 million.

An 11-member technical mission of the World Bank reached Chattogram port today to discuss various aspects of proposed Bay Terminal, a mega project taken to enable the port accommodate larger ships.

The current rates of VAT and other taxes are a major obstacle to developing the country’s tourism industry, a parliamentary body said yesterday.

Big Dipper Textile Mills, which is owned by a Canada-China enterprise, will invest $91.15 million in the Ishwardi Export Processing Zone (IEPZ) to set up a textile factory. 

Chattogram port has advanced three steps in a year to become world’s 64th busiest port in terms of annual throughput of containers in 2021.

Cement makers are passing tough times amidst a decline in demand from public construction in tune with the government’s austerity measures and sluggish private initiatives on building homes and other facilities for inflation.

A move by the National Board of Revenue asking for sharing the user identification and password of companies’ accounting software has created concerns among businesses, which said such a measure would give negative signals about the business climate in Bangladesh and discourage investors. 

The Mongla Port made a new record on August 7 when a Malaysian ship— MV Malaysia Star—reached the port in Bagerhat with 1,280 reconditioned cars from Japan in a single consignment.

The National Advisory Board (NAB), a committee that guides impact investment in Bangladesh, has unveiled a strategic action plan to attract local and global investment, particularly from the private sector, to help fund sustainable development in the country.

Revenue collection grew 15.51 per cent year-on-year to Tk 300,179 crore in the just-concluded fiscal year of 2021-22, according to the provisional data of the National Board of Revenue (NBR).

The government is finally moving ahead with a project to roll out fifth-generation (5G) mobile internet services through state-run network provider Teletalk, according to officials of the planning ministry.

The Chattogram Port Authority (CPA) is very confident about the port facilities being compliant with international regulations ahead of a scheduled annual visit by the US Coast Guard this week despite its ongoing struggle to handle a number of abandoned import containers with dangerous cargo.

Turkey’s tourism revenues nearly tripled in the second quarter while first-half foreign visitor numbers surged close to 2019 levels, data showed on Friday, recovering from a coronavirus-driven slump and bringing in badly-needed foreign currency.