Refayet Ullah Mirdha

Absence of a fully functional central effluent treatment plant (CETP) and solid waste management at Savar Tannery Industrial Estate

Export of leather and leather goods from Bangladesh rebounded strongly after more than two years thanks to higher shipments to non-traditional markets and the US-China trade war, exporters said.

Exports brought home record amounts in July, in a development that will bring a huge sigh of relief for the government battling sizeable balance of payments deficit.

Tanners will start buying rawhide from merchants today amid a slump in prices and dumping of 35 percent rawhide after the Eid-ul-Azha. “We have already conveyed the message to our members that we will start buying salt-applied rawhide from tomorrow [today].

British retail giant Primark has suspended business ties with some garment factories in Bangladesh, which had terminated 427 workers for their alleged involvement in agitations during December 2018 and January 2019 demanding a wage hike.

Visionary entrepreneur Qamrun Nahar Zahir has led Ananta Group from the front to help its annual turnover to cross $300 million last year.

Three Asian nations -- India, China and Japan -- are fast emerging as major apparel export destinations for Bangladesh after a jump in orders in the immediate past fiscal year.

Prices of garment items exported from Bangladesh dipped by 1.61 percent over the last four years, a reflection of the pressure

The government has devised a strategy to ramp up revenue collection by Tk 60,000 crore in the new fiscal year in order to help the National Board of Revenue (NBR) reach its tax mobilisation goal.

In a blow to apparel exporters, the EU, Bangladesh’s largest export destination, has extended duty-free access to Vietnam, eliminating

The country’s merchandise export earnings grew by 10.55 percent year-on-year to $40.53 billion in the immediate past fiscal year riding on a high volume of garment shipment in a favourable external business environment.

The government will soon start allowing export of rice to create a balance in supply and demand and ensure fair prices of the staple in

The latest gas price hike may not push up the electricity price at the moment, but the move will hit some industrial sectors, including textile spinning and ceramics, as their production cost will rise significantly, industry insiders said.

Yarn and fabrics export rose 20.46 percent year-on-year to $141.12 million between July and May, an indication that Bangladesh can

Bangladeshis’ deposits in Swiss banks increased by 28.33 percent year-on-year in 2018 to 617.72 million Swiss francs or Tk 5,341 crore, according to the Swiss National Bank (SNB).

Leading business associations yesterday urged the government to ensure easy, hassle-free and business-friendly implementation of the new VAT law.

The government should support the garment exporters by devaluing taka against US dollar instead of giving them direct cash incentives, two economists said yesterday.

Businesses yesterday welcomed the budget as the government proposed some new initiatives which would aid growth, give rise to new entrepreneurs and enable more people to enjoy benefits of social safety net programmes.

After a span of five years, state-owned enterprises jointly incurred a loss in the outgoing fiscal year largely because of Bangladesh

The government may bump up bank borrowing by as much as 77.32 percent to Tk 54,800 crore for financing the budget deficit in fiscal 2019-20 as it looks to reduce overdependence on saving instruments.