Entrepreneurs in Bangladesh have pumped billions of dollars into the shipbuilding sector in recent years to meet their own demand for vessels as well as regain the international market.

Bangladesh emerged as a shipbuilding nation in 2008 when it exported its first ocean-going vessel to a Danish company and suddenly there were talks about the sector’s immense potential and the country capturing a major share of the global shipbuilding market.

The disasters like the Nimtoli tragedy and the Tazreen Fashion fire have been eye-openers for the government to take widespread measures immediately to ensure industrial safety, Industries Minister Nurul Majid Mahmud Humayun said today.

Twenty-six firms are going to get the “National Productivity and Quality Excellence Award 2020” as a recognition for their continuous improvement in productivity and quality.

The government will introduce a platform to help the global investors virtually operate their business in Bangladesh, said Zunaid Ahmed Palak, state minister for ICT.

The number of internet users in Bangladesh rose in March thanks to increased usage of both mobile data and broadband services for educational, entertainment and professional purposes amid the improving Covid-19 situation.

Import load containers have piled up at the Chattogram port as importers did not secure their consignments due to the Eid holidays when factories were closed and vehicular movement was thin.

RFL Group has set up its second bicycle manufacturing plant with the objective to secure a bigger slice of the Tk 1,800 crore domestic two-wheeler market, which is growing due to rising health consciousness and a quest for convenience in transportation.

The name “Sreemangal” makes the heart tremble, according to a man who came to visit the ever-popular tourist destination to enjoy the Eid holiday with his family.

Maddhapara Granite Mining Company Limited (MGMCL) has halted hard rock production since May 1 due to a lack of the explosives needed to extract the material from underground, according to company officials.

Hotels and resorts in tourist destinations across Bangladesh are enjoying brisk business thanks to the long holiday afforded by most industries in the current festival season centring Eid-ul-Fitr as they look to partially recover pandemic-induced losses.

Untimely loading and unloading of containers has congested Chattogram port, the country’s premier seaport, with container vessels, which remain anchored due to the disruption.

The United Nations Development Programme (UNDP) and the ICT Division of the Government of Bangladesh recently reached an agreement to launch a cybersecurity campaign for the youth and children in selected Least Developed Countries (LDCs).

Around 84 per cent of factories across Bangladesh completed distributing festival bonuses to their workers as of yesterday in anticipation of the Eid holidays which are set to begin today, according to data from Industrial Police.

Tourism business in Kuakata is expected to be booming during this Eid holiday as the most of the rooms in 130 residential hotels and motels have been booked already.

Envoy Textiles is going to set up an eco-efficient lab facility in a joint venture with Spanish textile solutions provider Jeanologia to develop new products to cater to the global market for denim.

Telecom operators yesterday rolled out a much-hyped “unlimited” and “without expiry” internet data packs, which apparently will come to little benefit to users.

Telecom operator Banglalink yesterday signed an agreement with 17 banks in the country to secure a five-year syndicated term loan of Tk 1,200 crore.

Nearly 57 per cent industrial and manufacturing units in Bangladesh did not pay Eid bonuses to their workers as of yesterday, missing the deadline set by the government.

Mobile users in Bangladesh are set to avail data without expiry date and monthly limitless data, which will allow them to use internet to work, communicate, study, and find entertainment to their heart’s content.