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.

US President Joe Biden was to host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he asks business and union leaders to do more to ease shipping backlogs.

The Moulvibazar district administration yesterday launched a bus service to facilitate travel for both domestic and foreign tourists so as to encourage more people to visit the region.

The Public Private Partnership Authority yesterday signed a memorandum of understanding (MoU) with 15 banks and non-banking financial institutions to facilitate financing of PPP projects.

For the last three years Md Saiful Islam has been preparing and submitting his income tax returns all by himself.

The customs authority yesterday reduced import tariff for onion and raw sugar in order to cut costs of businesses and contain the spiralling prices of the two popular items, according to notifications from the National Board of Revenue (NBR).

Italian fashion brand United Colors of Benetton has expressed its willingness to increase its apparel sourcing from Bangladesh.

The Public Private Partnership Authority today signed a Memorandum of Understanding (MoU) with 15 interested banks and non-banking financial institutions to facilitate financing at public-private partnership projects.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged the EU to continue providing trade benefits to Bangladesh for 12 years after the country’s graduation to a developing nation in 2026.

Prime Minister Sheikh Hasina yesterday laid emphasis on expanding fields of cooperation with Moscow, saying Bangladesh will welcome Russia’s investment in its jute industry.

The National Board of Revenue (NBR) will undertake an income tax survey from today to collect information about those who still remain outside of its tax net despite having taxable income. 

A private sector emergency operation centre focusing on disaster risk management was opened at the office of the Dhaka Chamber of Commerce and Industry (DCCI) yesterday.

The government is set to provide preference to local IT and software companies in public procurements for setting up digital systems.

Bangladesh has a significant opportunity to expand its hold on the global technical textile and personal protective equipment (PPE) markets once local manufacturers find reliable raw material sources and upgrade their operations, according to a study published yesterday.

Manufacturers of raw materials used in making medicines will receive tax exemption until 2032 as the government looks to encourage local production of active pharmaceutical ingredients (APIs) to cut import reliance and bolster exports.

The government is building a technology centre at Bangabandhu High-Tech City in Gazipur especially for the light engineering and plastics manufacturing sectors.

Sweet orange grown in the country’s northern districts such as Thakurgaon, Panchagarh and Dinajpur are dominating the local fruit market this season thanks to increased demand and reasonable prices.

Trade  through Banglabandha, Hili, Birol, Sonahat and Burimari land ports is  set to remain suspended for six days beginning yesterday for Durga Puja,  the biggest religious festival of the Hindu community in Bangladesh and  neighbouring India.

Individual taxpayers will have to submit their income tax returns at tax offices this year too as the annual tax fair will not be held this time to avoid mass gatherings amid the Covid-19 pandemic.

The automotive industry in Bangladesh  could  be an emerging investment destination for Japanese entrepreneurs, Dhaka Chamber of Commerce and Industry’s (DCCI) President Rizwan Rahman said yesterday.