Govt limits jute stockpiling

The Ministry of Textiles and Jute has issued a circular stating that no company or individual will be allowed to stockpile more than 1,000 maunds of jute for more than one month.
12 August 2021, 18:00 PM

Rice import duty cut to 25.75% till Oct

The revenue authority has slashed import tariffs on rice until October 30 this year to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.
12 August 2021, 18:00 PM

Use of ICT needs to be increased to face 4th industrial revolution

The use of information and communication technology has to be increased to create skilled human resources to address the challenges of the fourth industrial revolution, speakers said at a webinar today.
12 August 2021, 13:12 PM

Govt to cut import duty on rice

The revenue authority is likely to slash import tariffs on rice for nearly three months to October 30 to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.
11 August 2021, 18:00 PM

Thin turnout as shops reopen

Malls and markets reopened yesterday after closures for nearly three weeks owing to lockdowns imposed to combat the resurgence of Covid-19 infections.
11 August 2021, 18:00 PM

National Fisheries Week from Aug 28

National Fisheries Week will be observed across the country from August 28, according to Fisheries and Livestock Minister SM Rezaul Karim.
11 August 2021, 18:00 PM

Bangabandhu sowed seeds of prosperity

Bangabandhu Sheikh Mujibur Rahman has not only pulled Bangladesh out of the wreckage caused by the war but took visionary steps to plant the seeds of economic prosperity for the country, said speakers yesterday.
11 August 2021, 18:00 PM

BSCIC Industrial Estates: 48 factories run without ETP

Most look forward to the monsoon season every year, but that is not the case for residents of the Pagar Alerteg area adjacent to the Tongi Industrial Zone of the Bangladesh Small and Cottage Industries Corporation (BSCIC).
11 August 2021, 18:00 PM

Walton makes strong comeback

Walton Hi-tech Industries saw its profits double in the recently concluded fiscal 2020-21, riding on higher sales of air conditioners and refrigerators past an earnings decline for the pandemic.
11 August 2021, 18:00 PM

Digital knowledge platform Asia Garment Hub launched

The Asia Garment Hub, a one-stop digital knowledge platform, was launched today to help industry stakeholders understand, promote and operationalise decent work and sustainable business practices across the supply chain.
11 August 2021, 14:11 PM

Legal consultant to assist Petrobangla for LNG import

A legal consultant will be hired for assisting the import of liquefied natural gas (LNG) by Petrobangla under the Department of Energy and Mineral Resources.
11 August 2021, 11:51 AM

GDP figure to be published quarterly

The government has decided to publish the data for the gross domestic product (GDP) on a quarterly basis, a senior official said yesterday.
10 August 2021, 18:00 PM

Dispute over yarn price to be settled amicably

The dispute between garment and spinners over the prices of yarn could be resolved amicably after both sides softened their stances, in relief for Bangladesh’s apparel industry rebounding from the pandemic-induced shipment collapse.
10 August 2021, 18:00 PM

Car sales stuck in slow lane

Car importers and retailers in Bangladesh are in a tight spot as they are finding it difficult to keep businesses running because of the plunge in sales caused by the second wave of coronavirus infections.
10 August 2021, 18:00 PM

Khulna’s vegetable growers frown over low prices

Vegetable farmers in Khulna are being unable to secure fair prices for their produce as the ongoing coronavirus crisis has disrupted the supply of these crops to different parts of the country, including Dhaka.
9 August 2021, 18:00 PM

Green chilli being imported from India

Local traders have started importing green chilli from India after the commerce ministry granted permission in this regard in a bid to bring down the skyrocketing prices of the widely used spice in Bangladesh.
9 August 2021, 18:00 PM

Govt to build Tk 1,511cr solar power plant

The government is going to set up the country’s biggest solar power plant in Madarganj upazila of Jamalpur, in a move to raise the share of renewable energy in total power generation to 10 per cent by 2025.
9 August 2021, 18:00 PM

Private investment hits a trough

Private investment in Bangladesh fell to its lowest level in 14 years in the last fiscal year owing to the lingering uncertainty caused by the coronavirus pandemic and continuing structural weaknesses.
7 August 2021, 18:00 PM

BGMEA turns to global buyers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged global apparel buyers to nominate more shipping lines and private off-docks to help ensure timely shipment of export containers.
5 August 2021, 18:00 PM

Google pays Tk 2.3cr VAT to NBR

Global tech giant Google has paid Tk 2.30 crore as value added tax (VAT) directly to the National Board of Revenue.
5 August 2021, 18:00 PM