Palm oil prices rise in India even after import duty cut

Palm oil prices in India have risen more than six per cent even after the government cut import tax and allowed shipments of refined palm oil as its price overseas jumped in anticipation of strong demand from the world’s biggest buyer, industry officials said. 
12 July 2021, 18:00 PM

Arla Foods ranks 5th in Global Nutrition Index-2021

Arla Foods of Denmark has risen to fifth place from 14th in a Global Nutrition Index-2021 for consistent improvement. 
12 July 2021, 18:00 PM

Keeping more than 1 car gets costlier

If you have more than one car, SUV or minivan -- be it individually or jointly owned -- you have to pay 50 percent more income tax for each of such vehicles from the current fiscal year.
12 July 2021, 18:00 PM

Bogura glass vial SME cluster almost extinct

Just three or four years ago, Shihari and Dumori villages in Bogura’s Adamdighi upazila were buzzing with activity as some 400 small glass vial factories operated in the area.
12 July 2021, 18:00 PM

Launch a committee to compensate fire victims

Labour leaders yesterday called on the government to form a committee as soon as possible to pay compensation to the victims of the fire incident at Hashem Foods Ltd in Narayanganj.
12 July 2021, 18:00 PM

Bangladesh takes to refining gold

Bangladesh is advancing towards taking up the trade of refining gold in a bid to cater to the nearly $230 billion worth global gold jewellery market, meet domestic requirement and curb smuggling.
11 July 2021, 18:00 PM

Foster skills, non-RMG industries

Competitiveness, skill development and technological advancements are key for Bangladesh to overcome challenges on graduating from the United Nations group of least developed countries (LDC) in 2026, speakers told a webinar yesterday.
11 July 2021, 18:00 PM

Abul Khair Group beefs up free oxygen supply

Abul Khair Group is now expanding providing oxygen for free to western districts, having given 80 large cylinders to Rajshahi Medical College Hospital last week.
11 July 2021, 18:00 PM

DIFE, other regulators draw flak for failure

“Most disasters take place in the medium-scale factories,” he said.
11 July 2021, 18:00 PM

Union leaders demand adequate compensation

Various labour rights organisations yesterday demanded exemplary punishment for those responsible for the death of at least 52 workers in a fire at the Hashem Foods factory in Rupganj upazila of Narayanganj district.
10 July 2021, 18:00 PM

Step up workplace safety: ILO

There is an urgent need for relevant authorities and factory owners in Bangladesh to ensure safe working environments at local production units, said International Labour Organization (ILO) in a statement issued yesterday.
10 July 2021, 18:00 PM

Safe food production loses steam

A Tk 58.5 crore project has created interest among farmers to grow foods by using bio-pesticides. And an increased number of growers have switched from using chemical pesticides.
8 July 2021, 18:00 PM

Have a TIN? Get ready to file tax return

Every year, the last week of November sees a mad rush of individual taxpayers at the tax offices and tax fairs. The reason is obvious: the final deadline to file annual income, expenditure and wealth statements without penalty is November 30, termed as Tax Day.
8 July 2021, 18:00 PM

Despair mounts for the debt-trapped

Debt-ridden micro-businesses and informal workers in Bangladesh are staring at new economic distress as incomes evaporated because of the ongoing strict lockdown, which could impose an additional financial burden on them and deepen their plights.
8 July 2021, 18:00 PM

RMG workers, demanding arrears, block Dhaka-Sylhet, Dhaka-Chattogram highways for 6 hours

Workers of a garment factory in Narayanganj today blocked Dhaka-Sylhet and Dhaka-Chattogram highways for six hours, demanding salaries and other arrears.
8 July 2021, 07:41 AM

Cattle farming offers some respite amid Covid fallouts

Arshad Uddin fell into a deep crisis when his indenting business in Dhaka took a turn for the worse soon after the coronavirus outbreak began in March last year.
7 July 2021, 18:00 PM

Plan big to diversify exports

Bangladesh needs to formulate long-term plans on how to enhance its export basket after graduating from the UN's group of Least Developed Countries (LDCs), experts say at a webinar held yesterday.
7 July 2021, 18:00 PM

Extend the scope to non-RMG as well

The Bangladesh Trade and Tariff Commission (BTTC) has recommended the government extend the duty-free raw material import facility to the firms that sell a portion of their goods in overseas markets with a view to diversifying exports.
7 July 2021, 18:00 PM

Plenty of empty containers, only a few are handy

It may surprise many that a lot of empty containers are lying idle at the private inland container depots (ICDs) in Bangladesh when the ICDs are choked with export cargoes for failing to ship them on time due to an acute shortage of empty boxes.
5 July 2021, 18:00 PM

Exports make strong rebound

Export earnings rebounded strongly in the just-concluded fiscal year, fetching $38.75 billion, buoyed by a revival in the shipment of garment items, official figures showed yesterday.
5 July 2021, 18:00 PM