‘Allow all factories to reopen’

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of factories for the sake of investment, employment and smooth supply chain.
31 July 2021, 18:00 PM

Broadband Internet: User number hits 1cr milestone

The number of broadband internet connections has surpassed the 1 crore mark in June for the first time as a vast number of people now rely on the internet due to the pandemic which propelled work from home practices and remote learning.
31 July 2021, 18:00 PM

Efficient river dredging to propel industrial growth: experts

Experts yesterday emphasised sustainable and efficient river dredging and its proper maintenance to improve the country’s inland waterways to propel industrial and socio-economic development.
31 July 2021, 18:00 PM

Tax receipts rebound

Tax collection bounced back in Bangladesh in the last fiscal year to grow at the sharpest pace in 10 years, riding on increased imports and an uptick in receipts of value-added tax.
31 July 2021, 18:00 PM

Open all factories, banks in industrial areas from tomorrow: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of industries and factories for the sake of investment, employment and to maintain the supply chain.
31 July 2021, 12:35 PM

All export-oriented factories, industries to be open from August 1: Cabinet

The government has decided to keep all the export-oriented factories and industries open from August 1 amid the ongoing strict lockdown which started from July 23.
30 July 2021, 13:26 PM

Rights group urges US customs to probe Goodyear Malaysia

Rights group Liberty Shared has asked United States customs authorities to investigate the Malaysian operations of American tyre maker Goodyear Tire & Rubber Co over accusations of abusive labour practices, the group told Reuters.
29 July 2021, 18:00 PM

Samsung reports surge in profit

Samsung Electronics’ net profits surged more than 70 per cent in the second quarter thanks to higher memory chip prices fuelled by pandemic-led demand, the South Korean tech giant reported Thursday.
29 July 2021, 18:00 PM

Facebook deposits Tk 2.4cr VAT

Social media giant Facebook has deposited nearly Tk 2.4 crore in value-added tax (VAT) after it got registration for the indirect tax with the National Board of Revenue (NBR).
29 July 2021, 18:00 PM

Set yourself up for a successful retirement

Saidur Rahman Shamim has been working in the garment industry for more than 25 years. Yet, despite working for such a long time, he literally lives from hand to mouth.
29 July 2021, 18:00 PM

BATB to invest Tk 322cr for expansion

British American Tobacco Bangladesh (BATB) has made its second investment announcement in a span of six months, saying it was aimed at expanding for meeting growing demand from abroad.
29 July 2021, 18:00 PM

Port Decongestion: NBR move yet to prove effective

A National Board of Revenue’s (NBR’s) temporary permission to shift import-laden containers from the Chattogram port to private inland container depots (ICDs) as a decongestion effort seems to have borne no fruit.
29 July 2021, 18:00 PM

Let factories reopen

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to allow them to reopen all factories, including export-oriented industries, citing that export might suffer severely for the continued restriction.
29 July 2021, 18:00 PM

BGMEA writes to US, EU envoys seeking assistance for vaccination

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sent letters to the ambassadors of the United States of America and the European Union, requesting them to assist for rapid vaccination of readymade garment workers in Bangladesh.
29 July 2021, 16:05 PM

Let us reopen factories: FBCCI urges govt

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the government to allow them to reopen all factories including export-oriented industries, citing that export might suffer severely for the continued restriction.
29 July 2021, 11:30 AM

Nissan posts surprise Q1 profit

Japanese automaker Nissan Motor Co on Wednesday raised its earnings outlook for the year, helped by a weaker yen and favourable demand in the United States, after reporting a surprise first-quarter operating profit.
28 July 2021, 18:00 PM

Rawhide business battered by Covid restrictions

Rawhide traders across Bangladesh have been left disappointed by low prices this year, according to market insiders.
28 July 2021, 18:00 PM

Shikho raises $1.3m seed money

Shikho, a startup aiming to make education accessible and affordable in Bangladesh, yesterday announced raising $1.3 million in seed money, making it the largest round of financing by a local edtech startup yet.
28 July 2021, 18:00 PM

Home appliance assemblers turning into manufacturers

The value-added tax exemption for producing air conditioners, refrigerators and freezers locally has created interest among home appliance manufacturers in Bangladesh as firms are increasingly setting up full-fledged facilities, cutting their reliance on assembling.
28 July 2021, 18:00 PM

Automation adds value to work process, speakers say at ICAB event

Technology has a great influence on the working environment especially during this pandemic time as people are now being able to work remotely instead of their physical presence at the workplace, speakers said at a virtual programme today.
28 July 2021, 16:38 PM