9 firms to invest $55m in hi-tech parks

Nine foreign and domestic firms are going to invest $55 million in Bangladesh’s hi-tech parks to set up manufacturing units for a number of products, including semiconductors, digital devices, and medical equipment.
30 September 2021, 18:00 PM

Asian Paints unveils ‘ColourNext 2021’

Asian Paints Limited, a decorative coatings company, virtually launched ‘ColourNext 2021’ for the top architects, engineers and interior designers recently.
30 September 2021, 18:00 PM

Go Zayaan raises $2.5m for expansion

Bangladeshi travel-tech startup Go Zayaan has raised $2.6 million in a seed round led by Wavemaker Partners, one of Southeast Asia’s leading venture capital firms, according to a press release.
30 September 2021, 18:00 PM

More inclusive approach needed to support extreme poor

Overall poverty in Bangladesh is increasing as the vulnerable non-poor have slipped below the upper poverty line due to the impacts of the coronavirus pandemic, according to a study.
30 September 2021, 18:00 PM

ICT sector thrives on AI, IoT, big data warehousing

Bangladesh’s ICT sector is flourishing on the back of artificial intelligence (AI), internet of things (IoT) and big data warehousing, said Farhana A Rahman, senior vice-president of the Bangladesh Association of Software and Information Services (BASIS).
30 September 2021, 16:11 PM

Farmers pass busy days cultivating early-harvest potatoes

Farmers in Nilphamari district are cultivating a fast-growing variety of potato in order to maximise their profits before the year ends.
29 September 2021, 18:00 PM

Massive factory inspection begins next month

A total of 46,100 factories across the country are set to undergo safety inspections as the government looks to ensure adequate infrastructural and fire safety measures at all industrial units.
29 September 2021, 18:00 PM

NRBs investment in capital market easier, says BSEC commissioner 

Non-resident Bangladeshis (NRBs) can invest easily in the capital market as the government allows free inflow and outflow of funds of diaspora community, said a top official of Bangladesh Securities and Exchange Commission (BSEC) today.
29 September 2021, 14:57 PM

Bangabandhu Shilpa Nagar: a visionary industrial enterprise

The joy and gratification for making dreams into reality are enticing. In the golden jubilee year of independence, one can speak of a creative and visionary industrial entrepreneurship for the socio-economic development of Bangladesh that will build the future of the country.
28 September 2021, 18:00 PM

Timber trader finds fortune in dragon fruit farming

Surat Ali, a middle-aged farmer based in Khulna’s Jhenaidah district, is enjoying massive success from dragon fruit cultivation.
28 September 2021, 18:00 PM

NBR to check authenticity of firms’ audited financial reports

The field office of the value-added tax (VAT) and audit team of the tax administrator is going to examine the authenticity of audited financial statements submitted by companies along with their returns.
28 September 2021, 18:00 PM

Allocate more for gender specific projects: experts

Experts yesterday underscored the need for greater allocation in the national budget for gender specific projects.
28 September 2021, 18:00 PM

Chinese FDI in Bangladesh sees huge jump

Foreign direct investment (FDI) from China to Bangladesh has jumped by about 200 per cent year-on-year to $418 million in the past seven months, according to Chinese ambassador Li Jiming.
28 September 2021, 18:00 PM

No more investment in coal-based power plants in Bangladesh: Chinese envoy

China will not invest in coal-based power plants in Bangladesh anymore, Chinese Ambassador Li Jiming said today.
28 September 2021, 09:24 AM

Dairy farmers urge govt to stop soybean meal export

Dairy farmers yesterday urged the government to stop the export of soybean meal in order to ensure an adequate supply of animal feed for the domestic market.
27 September 2021, 18:00 PM

Bangladesh Parjatan Corporation: In the throes of pandemic

Jewel Mia, a temporary employee of Motel Sylhet, has been working for the Bangladesh Parjatan Corporation for the last four years.
26 September 2021, 18:00 PM

'Introduce on-arrival visas to attract tourists'

State Minister for Civil Aviation and Tourism Md Mahbub Ali today said his ministry has requested the home ministry to introduce on-arrival visas to attract tourists during the post-Coronavirus period.
26 September 2021, 13:13 PM

South Asia eyes tourism revival with eased restrictions

Nepal has restarted visas on arrival for vaccinated tourists as South Asian nations attempt to revive tourism businesses devastated after 18 months of the pandemic.
25 September 2021, 18:00 PM

Shun protests that disrupt trade

Garment makers have urged transportation service providers to refrain from announcing protests such as strikes that disrupt the country’s international trade  to allow the economy to recover from pandemic-induced losses.
25 September 2021, 18:00 PM

Trial 5G on Dec 12 or 16: Jabbar

The government is planning to run a trial of 5G technology through Teletalk on December 12 or 16 this year, said Mustafa Jabbar, minister for posts, telecommunications and information technology, yesterday.
25 September 2021, 18:00 PM