Refayet Ullah Mirdha

Business leaders have welcomed the proposed budget for continuation of the package VAT system, but criticised withdrawal of the supplementary duty on the import of 1,200 products as the move will discourage the thriving local industries and fail to lure new investors.

The corporate tax rate for the garment sector has been slashed 15 percentage points to 20 percent in the forthcoming fiscal year, in what is a middle ground between the demand of apparel manufacturers and the government.

Business leaders are expecting a budget that would reduce corporate tax, as the cost of doing business is on the

TUV Sud, a German testing and certification company, plans to expand operations in Bangladesh to exploit the rising business

DBL Group, a leading apparel exporter, is investing $100 million to set up a garment factory in Ethiopia, encouraged by duty benefits

Digi Jadoo Broadband Ltd, a unit of Mohammadi Group, launched digital cable connections to deliver more channels and better services to its customers.

Swedish retail giant H&M began a revolutionary practice in February 2013: it started collecting old garment items

Bangladesh will underline the progresses made in workplace safety in the country’s garment sector since the Rana Plaza collapse in the first EU-Bangladesh joint business council scheduled to be held today.

Bangladesh yesterday demanded duty-free access of 56 items to Nepal to boost bilateral trade, at the third commerce-secretary level

Rezwan Selim, managing director of Softex Sweater, had to shutter one of his faulty units, Softex Cotton, in the capital’s Mirpur area after failing to receive remediation funds from his two main European buyers.

The proposed 130 percent hike in gas price for captive power plants will badly hurt the country’s primary textile sector, which is already struggling for the deluge of cheap fabrics and yarns from China and India.

Export earnings rose 11.82 percent year-on-year to $2.68 billion in April on the back of higher shipments of

Even a small country could be a very promising market for Bangladesh if it has deep diplomatic relations with that country.

Bangladesh should focus on the growing Asian apparel market, where the retail value of garment and textile

Straight, skinny but a bit stretchy and loose in dirty blue -- that is going to be the latest in denim fashion worldwide, said designer and denim trend analyst Amy Leverton.

Remediation in factories from which Swedish retail giant H&M sources has progressed significantly, the company

Almost half of the remediation works in factories under the Alliance for Bangladesh Worker Safety have been completed, the North American retailers' platform said in a report yesterday.

A 49.5 percent remediation works in the factories under the Alliance for Bangladesh Worker Safety (Alliance) is completed, as recommended by the experts to ensure workplace safety.

Local clothing retailers are expanding their businesses to cash in on the shopping spree ahead of Pahela Baishakh, the largest cultural festival in the country.

The Civil Aviation Authority of Bangladesh has allocated a separate scanner for fruits and vegetables at the Dhaka