Custom greenhouse enables faster yields

Imagine neat rows of vegetable saplings in the thousands growing in a temperature and humidity controlled environment fitted with drip irrigation and free from pests, capable of providing harvests 15 days in advance.
14 June 2021, 18:00 PM

Modernise FBCCI

Commerce Minister Tipu Munshi yesterday asked the leaders of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to leave their traditional way of thinking and contribute more to trade by modernising the country’s apex trade body.
14 June 2021, 18:00 PM

ACI stocks soar on news of Tk 84cr foreign investment

ACI stocks soared yesterday when news broke that its subsidiary ACI Motors is set to receive Tk 83.99 crore in foreign investment for the expansion of its vehicle manufacturing capacity.
14 June 2021, 18:00 PM

Make farm machinery affordable

The government should provide at least 80 per cent subsidy to farmers to bring agriculture machinery within their purchasing power.
14 June 2021, 18:00 PM

World stocks near record high as investors await dovish Fed act

Global shares held firm near record highs on Monday while US bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week.
14 June 2021, 18:00 PM

Tax benefit to spur growth of oceangoing shipping sector

Bangladesh’s fleet of oceangoing vessels is expected to expand in the coming years after the National Board of Revenue eased age rules for ships to qualify for VAT exemption during imports and cut advance income tax.
14 June 2021, 18:00 PM

Euro zone production stronger than expected in April

Euro zone industrial production was stronger than expected in April, driven by a more than doubling of durable consumer goods output from a year earlier as economies steadily reopened after Covid-19 pandemic lockdowns, data showed on Monday.
14 June 2021, 18:00 PM

Strong bike industry inspires component makers

Buoyed by the government policy aimed at developing the motorcycle industry, local companies are gradually making a foray into the component manufacturing segment with a view to cutting the country’s reliance on imports.
14 June 2021, 18:00 PM

EU hires banks for first recovery fund bond

The European Union on Monday hired banks for a 10-year bond sale, the first to finance its recovery fund, according to two lead managers, a crucial step in financing the bloc’s economic recovery from the coronavirus pandemic.
14 June 2021, 18:00 PM

Rising yarn prices threaten garment export recovery

Local garment exporters are feeling the pinch of a sudden unusual rise in yarn prices in the local and international markets, a development that is threatening to derail the recovery of the apparel shipment from the pandemic-induced slowdown.
14 June 2021, 18:00 PM

Agri machinery makers demand 80% subsidy

The government should provide at least 80 per cent subsidy to farmers to bring agriculture machinery within their purchasing capacity.
14 June 2021, 14:22 PM

Bangladesh reelected as deputy member of ILO’s governing body

Bangladesh has been re-elected as a deputy member of the governing body of the International Labour Organisation (ILO) from the Asia-Pacific region for 2021-2024.
14 June 2021, 12:55 PM

Cabinet okays policy to develop local automobile industry

The Cabinet today approved the draft of a policy to develop automobile industry in the country, considering the growing demand.
14 June 2021, 12:27 PM

Plot allotment begins at Bepza Economic Zone in Mirsharai

The Bangladesh Export Processing Zones Authority (Bepza) has started allotting plots of the Bepza Economic Zone in Mirsharai among the investors.
14 June 2021, 11:39 AM

ACI Motors to receive Tk 84 crore foreign investment

ACI Motors, a subsidiary of ACI, is going to receive Tk 83.99 crore in foreign investment, which the company will use for the expansion of its business.
14 June 2021, 10:57 AM

Bankers’ Book Evidence: bill incorporating digitally recorded documents placed in parliament

A bill titled “The Bankers’ Book Evidence Bill 2021” was placed in the parliament today, incorporating digitally recorded documents as evidence.
14 June 2021, 07:26 AM

Bill placed in parliament to hike HBFC’s capital with provision of tougher punishment for violating rules

A bill titled "The House Building Finance Corporation Bill (Amendment) 2021" was placed in the parliament today to increase House Building Finance Corporation’s authorised capital and paid-up capital, and expand its area of providing services.
14 June 2021, 06:33 AM

Ring Shine to resume partial production

Shareholders of Ring Shine Textiles were all smiles after news broke that the company would partly resume production after about nine months’ closure.
13 June 2021, 18:00 PM

Development spending will barely impact youths

Only 14 per cent allocation of the annual development programme for the fiscal year of 2021-22 will directly contribute to the development of youths although they make up a majority of the population, according to a think-tank yesterday.
13 June 2021, 18:00 PM

Facebook gets VAT registration

Social media giant Facebook yesterday received the value-added tax registration from the National Board of Revenue after two years of stalemate.
13 June 2021, 18:00 PM