Foreign companies that took part in the Bangladesh Trade and Investment Summit 2021 have shown interest to invest $1.16 billion in the country, according to the organisers of the event, which concluded on Sunday.

The government is going to honour 30 firms with the “Green Factory Award” for their outstanding contribution to saving the environment and creation employment, the labour ministry said today.

Bangladesh must remove the impediments in connectivity with other regions in order to successfully join the global supply chain and manufacturing network, speakers said today.

The seventh edition of BASIS Outsourcing Award was launched yesterday aiming at bringing more youths into freelancing and creating skilled manpower to achieve a $5 billion export target from software, IT-enabled services and digital devices by 2025.

The surge in sales of state-backed savings instruments has become a major source of income for the revenue collector in recent years as it charges up to 10 per cent tax on the profits made mainly by pensioners and middle-class families.

The first “Bangabandhu Sheikh Mujib Industrial Award 2020” will be conferred tomorrow, marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

Instead of organising the customary annual fair, the National Board of Revenue (NBR) for a second time in a row will open booths at its field offices to help citizens fill out and submit tax returns.

Altaf Hossain, a resident of Chandipur village in Morrelganj upazila of Bagerhat district, began his journey as a gardener back in 2010 by purchasing a single cactus for Tk 30.

About 39.47 lakh establishments engaged in wholesale and retail trade, including motorcycle repair shops, contribute around 14 per cent to the country’s gross domestic product (GDP), according to a survey of the Bangladesh Bureau of Statistics (BBS).

Bangladesh Bank yesterday started to implement the loan disbursement process for the tourism sector with a view to helping them make a comeback from the business slowdown.

Homestead fish ponds are playing an important role in catering to the country’s nutritional needs while also developing its rural economy, according to a study by the Bangladesh Institute of Development Studies (BIDS).

Tourists from across the country are now flocking to Tetulia upazila in Panchagarh district in hopes of catching a glimpse of the peak of Kanchenjunga, the world’s third highest mountain.

Financially solvent people want to invest so that their funds don’t remain idle as they long for a good return on their investment. For this, they always seek a secure instrument.

Xiaomi has opened a plant in Bangladesh to manufacture smartphones locally, joining a growing list of producers, both global and local, that are making high-end mobile phones in the country.  

The government yesterday opened the country’s first and biggest multipurpose trade exhibition centre at Purbachal in Dhaka aiming to hold fairs and business-to-business matchmaking events for facilitating domestic and international trade, and thereby, advance the economy. 

Farm loan disbursement grew 11 per cent year-on-year to Tk 5,210 crore in the first three months of this fiscal year as banks are now giving out funds to diversified arenas in the agriculture sector.

The port city is set to get its first multi-modal container depot in two years, which will enhance Chattogram port’s capacity to handle export-bound and imported goods.

Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.

Toyota Motor Corp’s North American unit said Monday it will invest about $3.4 billion (380 billion yen) on US automotive battery development and production in the United States through 2030.

Companies in the chemical, plastic, and food processing sectors will be given priority when safety inspections get underway in the first phase of the government’s move to ensure adequate infrastructure and fire safety measures at all industrial units.