Penthouse Livings brings Italian luxury brand Cornelio Cappellini to Bangladesh

Local luxurious furniture and home decor retail Penthouse Livings has launched the Italian luxury brand Cornelio Cappellini in Bangladesh on July 23.
25 July 2022, 15:34 PM

Govt one step closer to sign CEPA with India

The inter-ministerial meeting on CEPA was attended by the officials of some important ministries, including foreign, labour, commerce, home affairs, along with different departments of agencies of the government at the commerce ministry in Dhaka.
25 July 2022, 15:03 PM

Hatil organises Pan India Dealers’ Meet in New Delhi

Leading Bangladeshi furniture brand Hatil organised its first-ever Pan India Dealers’ Meet in New Delhi on July 23.
25 July 2022, 14:41 PM

Exodus of Ukrainian workers hits Europe's emerging economies

Construction sites, factory assembly lines and warehouses across central Europe are scrambling to fill vacancies after tens of thousands of Ukrainian men left their blue-collar jobs to return home after Russia invaded their country.
25 July 2022, 14:10 PM

Wheat prices rise as missile strike threatens Ukraine export pact

Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will be possible to implement last week's agreement to open a corridor for grain exports from the war-torn country.
25 July 2022, 13:53 PM

D-8 CCI Business Forum & Expo 2022 to be held in Dhaka on July 26-27

The D-8 Chambers of Commerce and Industry (D-8 CCI) announced the schedule of the D-8 CCI Business Forum and Expo 2022, Dhaka, which will be held on July 26-27 at the Pan Pacific Sonargaon hotel in the capital to commemorate the silver jubilee anniversary of the D-8 CCI.
25 July 2022, 12:20 PM

ICT Division wins Bangabandhu Public Administration Award-2022 for Surokkha platform

ICT Division has won the “Bangabandhu Public Administration Award-2022” in recognition of its contribution to combat Covid-19 with its digital vaccine management system Surokkha.
25 July 2022, 11:34 AM

Which countries use ‘Made in Bangladesh’ furniture?

In the last fiscal year, Bangladesh shipped furniture to 62 countries,
24 July 2022, 15:06 PM

13 to get ‘Agricultural Important Person’ status

The government has announced honouring 13 people with the ‘Agricultural Important Person’ or AIP status for their outstanding contribution to the agricultural sector.
24 July 2022, 14:03 PM

Grameenphone adopts ‘work from home on Thursdays’ plan to cut energy consumption

Leading telecom operator Grameenphone has announced keeping its headquarters GPHouse non-operational on Thursdays when its employees will work from home as part of effort to cut power consumption to help the government fight the ongoing power crisis.
24 July 2022, 12:16 PM

Website for November’s ‘Made in Bangladesh Week’ launched

The weeklong event will be organised by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in partnership with Bangladesh Apparel Exchange (BAE) to promote the local garment industry in global platforms.
23 July 2022, 15:24 PM

‘Local pharma industry should get ready to face post-LDC challenges’

Bangladesh should get prepared to utilise the immense potential of the billions of dollar worth global pharmaceutical industry as the nation will lose the preferential trade benefits after its graduation to a developing country, an economist said today.
23 July 2022, 15:11 PM

Inflation not nine-year high at 7.56%, it 5.9%: Kamal

Finance Minister AHM Mustafa Kamal criticised media for reporting that inflation hit a nine-year high in June.
20 July 2022, 16:59 PM

BGMEA seeks IMF’s cooperation to reach $100 billion export target

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought cooperation from the International Monetary Fund (IMF) to achieve the $100 billion garment export target by 2030.
20 July 2022, 14:46 PM

Idcol signs deal with GCF to receive $256.5 million for private sector investment

The Infrastructure Development Company Ltd (Idcol) today signed an agreement with Green Climate Fund (GCF) to receive $256.5 million to promote private sector investment through large-scale adoption of energy-efficient technologies in the textile and garment sector.
20 July 2022, 14:31 PM

Banks asked for faster delivery of savings tools related services

The Bangladesh Bank today asked banks to provide clients with required financial services related to the investment of savings bonds and instruments as fast as possible.
20 July 2022, 13:21 PM

LafargeHolcim logs 10% rise in profits

The company’s profit rose 10 per cent year-on-year to Tk 122 crore in the second quarter, which was Tk 111 crore the previous year.
20 July 2022, 13:08 PM

E-logistic startup Jahaji wins Spark cohorts, gets featured on Stanford University’s website

Local waterway e-logistic startup Jahaji Limited has recently won seed funding from prestigious Stanford University’s Seed Spark 4 South Asia Cohort programme for its problem-solving solutions and high growth potential.
19 July 2022, 15:30 PM

Consumer rights body’s oil price monitoring starts tomorrow

The Directorate of National Consumer Rights Protection (DNCRP) will start monitoring the market from tomorrow to ensure that no trader can sale edible oil at prices higher than the newly reduced rates, which come into effect on July 18.  
19 July 2022, 13:43 PM

Textile millers demand 360 days for deferred LC payment

The leaders of Bangladesh Textile Mills Association (BTMA) today urged the central bank to extend the time of Usance Paid At Sight (UPAS) LC or deferred LC payment to 360 days from the existing 180 days as the dollar crisis deepens.
19 July 2022, 13:00 PM