About 39.47 lakh establishments engaged in wholesale and retail trade, including motorcycle repair shops, contribute around 14 per cent to the country’s gross domestic product (GDP), according to a survey of the Bangladesh Bureau of Statistics (BBS).

Bangladesh Bank yesterday started to implement the loan disbursement process for the tourism sector with a view to helping them make a comeback from the business slowdown.

Homestead fish ponds are playing an important role in catering to the country’s nutritional needs while also developing its rural economy, according to a study by the Bangladesh Institute of Development Studies (BIDS).

Tourists from across the country are now flocking to Tetulia upazila in Panchagarh district in hopes of catching a glimpse of the peak of Kanchenjunga, the world’s third highest mountain.

Financially solvent people want to invest so that their funds don’t remain idle as they long for a good return on their investment. For this, they always seek a secure instrument.

Xiaomi has opened a plant in Bangladesh to manufacture smartphones locally, joining a growing list of producers, both global and local, that are making high-end mobile phones in the country.  

The government yesterday opened the country’s first and biggest multipurpose trade exhibition centre at Purbachal in Dhaka aiming to hold fairs and business-to-business matchmaking events for facilitating domestic and international trade, and thereby, advance the economy. 

Farm loan disbursement grew 11 per cent year-on-year to Tk 5,210 crore in the first three months of this fiscal year as banks are now giving out funds to diversified arenas in the agriculture sector.

The port city is set to get its first multi-modal container depot in two years, which will enhance Chattogram port’s capacity to handle export-bound and imported goods.

Toyota Motor Corp’s North American unit said Monday it will invest about $3.4 billion (380 billion yen) on US automotive battery development and production in the United States through 2030.

Companies in the chemical, plastic, and food processing sectors will be given priority when safety inspections get underway in the first phase of the government’s move to ensure adequate infrastructure and fire safety measures at all industrial units.

Public expenditure through the Annual Development Programme (ADP) increased and touched a four-year high in the first quarter of the current fiscal year as the pace of project execution by large ministries has accelerated.

Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.

US President Joe Biden was to host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he asks business and union leaders to do more to ease shipping backlogs.

The Moulvibazar district administration yesterday launched a bus service to facilitate travel for both domestic and foreign tourists so as to encourage more people to visit the region.

The Public Private Partnership Authority yesterday signed a memorandum of understanding (MoU) with 15 banks and non-banking financial institutions to facilitate financing of PPP projects.

For the last three years Md Saiful Islam has been preparing and submitting his income tax returns all by himself.

The customs authority yesterday reduced import tariff for onion and raw sugar in order to cut costs of businesses and contain the spiralling prices of the two popular items, according to notifications from the National Board of Revenue (NBR).

Italian fashion brand United Colors of Benetton has expressed its willingness to increase its apparel sourcing from Bangladesh.

The Public Private Partnership Authority today signed a Memorandum of Understanding (MoU) with 15 interested banks and non-banking financial institutions to facilitate financing at public-private partnership projects.