Investor participation in the local stock market’s banking, non-bank financial institution (NBFI), and cement sectors soared last week while the insurance sector was lacklustre in attracting funds.

Naturally it was expected for the BSCIC to create a framework for commercial planning and training, production and marketing for weavers.

Garment makers have urged the government to ease the conditions for import of yarn, cotton and fabrics as an increased number of work orders are coming to Bangladesh from international retailers and brands.

Speakers at a seminar in the USA called upon foreign investors and non-resident Bangladeshis (NRBs) to invest in Bangladesh.

Japan’s major oil refiners have recovered from last year’s steep losses with all reporting a profit for the April-June quarter, but they continue to face headwinds as Covid-19 cases spiral to record highs in the country’s fifth wave of the pandemic. 

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested global apparel buyers to nominate more shipping lines and off-docks to facilitate timely shipment of export containers.

People can now take loans up to 80 per cent of their investment in the stock market if the benchmark index crosses past 7,000 points and stays in between 8,000.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested global apparel buyers to nominate more shipping liners and off-docks to facilitate timely shipment of export containers.

She was born into a prosperous family.

Global e-commerce company Amazon has paid Tk 53 lakh in Value Added Tax (VAT) directly to the revenue authority after it got registration for the indirect tax.

The Ministry of Textiles and Jute has issued a circular in a bid to ensure the supply of necessary raw jute in the market and its production during the current season.

The revenue authority has slashed import tariffs on rice until October 30 to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.

The processing and marketing of agricultural products are very essential alongside increasing the productivity in this sector in Bangladesh now, agriculturists and experts said at a webinar today.

The Dhaka stocks rallied today sending the benchmark index to near 6,700 amid retail investors’ increased participation.

The Label Makers Ltd, a Bangladeshi company, is going to invest $1.14 million in Dhaka Export Processing Zone to establish a garment accessories industry.

Bangladesh will observe National Fisheries Week-2021 starting from August 28 across the country maintaining health rules in a befitting manner, Fisheries and Livestock Minister SM Rezaul Karim said today.

The current economic success story of Bangladesh was mainly founded by Bangabandhu Sheikh Mujibur Rahman, as the father of the nation took some visionary steps after the independence of the country in 1971, speakers said today.

The Asia Garment Hub, a one-stop digital knowledge platform, was launched today to help industry stakeholders understand, promote and operationalise decent work and sustainable business practices across the supply chain.

Local electronics giant Walton Hi-tech Industries saw its profit doubled in the recently concluded 2020-21 financial year thanks to the higher sales of air-conditioners and refrigerators after experiencing a massive fall in earnings since the Covid-19 outbreak.

Finance Minister AHM Mustafa Kamal said there is no plan to revise the GDP growth target right now, as he believes the government will be able to maintain the estimated growth rate for 2021-22 fiscal year.