National safety committee so far inspected 5,200 factories: Salman F Rahman

The country’s national safety committee has so far inspected 5,200 factories to ensure occupation safety, said Salman F Rahman, the prime minister’s adviser on private industry and investment.
29 March 2022, 13:02 PM

Bida assumes directorship at World Association of Investment Promotion Agencies

The Bangladesh Investment Development Authority (Bida), the apex investment promotion agency of Bangladesh, has assumed the South Asia regional directorship at the World Association of Investment Promotion Agencies (WAIPA).
28 March 2022, 14:26 PM

Bitopi Group to invest $9.58 million for RMG plant at Dhaka EPZ

Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a readymade garment industry in Dhaka Export Processing Zone (DEPZ) with an investment of $9.58 million.
28 March 2022, 12:59 PM

Summit Group pledges $1 million to icddr,b

Summit Group Chairman Muhammed Aziz Khan has pledged to donate $1 million to the endowment fund of icddr,b Hospital.
28 March 2022, 11:50 AM

Pace of fund disbursement under Indian LOC increases

The pace of fund disbursement from India under its line of credit (LOC) programme has nearly doubled in a year and the amount will soon reach the $1-billion milestone, the Indian high commission in Dhaka said today.
28 March 2022, 09:12 AM

‘Rwanda’s infrastructure sector promising for Bangladeshi investors’

Bangladesh’s investors have a good prospect in the growing infrastructure sector of Rwanda, one of the promising countries in Africa, said a business leader today.
27 March 2022, 10:56 AM

9% lending interest cap saved many businesses during pandemic: Kamal

Finance Minister AHM Mustafa Kamal today said many businesses would have abolished during the pandemic had the government not set the 9 per cent interest cap on lending.
24 March 2022, 13:28 PM

Ad agencies’ association to go for reorganisation

The Advertising Agencies Association of Bangladesh has decided to reorganise the association for serving the common interests of the ad agencies and development of professional skills in the sector.
24 March 2022, 12:01 PM

Banks asked to make fresh investment in stock market

The Bangladesh Securities and Exchange Commission (BSEC) has requested several banks to inject fresh funds in the stocks for the sake of stock market development.
23 March 2022, 14:47 PM

Regulator punishes stock brokers for deficit in consulated customer account

Bangladesh Securities and Exchange Commission (BSEC) has imposed several restrictions on errant stock brokers who keep deficit in their investors' consulated customer account.
23 March 2022, 06:20 AM

VAT waiver for lift making extended for three years

The National Board of Revenue (NBR) has extended the value added tax (VAT) exemption benefit for lift manufacturing for three years until June 30 of 2025 to encourage domestic assembling of elevator.
22 March 2022, 14:08 PM

Bangladesh submits ratification instruments for ILO’s minimum age convention

State Minister for Labour and Employment Begum Monnujan Sufian today submitted the ratification instruments of the International Labour Organisation’s Minimum Age Convention, 1973 (No. 138) at the ILO headquarters in Geneva.
22 March 2022, 12:54 PM

Inflation hits 16-month high

Inflation hit a 16-month high in February driven by soaring costs of essential foods ranging from staple food rice, edible oil, vegetables to protein items.
21 March 2022, 10:35 AM

Bangladesh ratifies ILO’s convention on minimum working age

Bangladesh has ratified the much-talked about International Labour Organisation (ILO) Convention 138 to fix the minimum working age for any person at 14 years.
20 March 2022, 15:00 PM

Govt cuts edible oil price by Tk 8 a litre

The government today reduced the retail price of bottled soybean edible oil to Tk 160 a litre, a cut by Tk 8 from the current rate of Tk 168 a litre.
20 March 2022, 12:27 PM

No cut in VAT on beauty parlour services: NBR chairman

The value-added tax (VAT) on beauty parlour services would not be reduced in the upcoming national budget, Abu Hena Md Rahmatul Munim, chairman of the National Board of Revenue (NBR), said today.
20 March 2022, 12:05 PM

Local prices of rice, oil, beef, egg, onion now higher than global markets: CPD

The prices of rice, edible oil, beef, sugar, egg and onion have risen more in Bangladesh than that of the international markets, affecting the poor people who are already suffering from erosion of purchasing capacity for pandemic caused income losses, said the Centre for Policy Dialogue (CPD) today.
20 March 2022, 09:29 AM

Robi posts 3% rise in earnings

Robi posted 3 per cent rise in its earnings in the financial year ended on December 2021, the country’s second largest mobile phone operator said in a disclosure today.
15 March 2022, 16:19 PM

BGMEA wants dedicated TCB trucks for garment workers

The apparel manufacturers today urged the Trading Corporation of Bangladesh to arrange 40 trucks to sell goods especially to the garment workers at lower prices for their relief from the skyrocketing prices of some basic commodities.
15 March 2022, 15:45 PM

Beza to sign deal for faster completion of Japanese economic zone

The Bangladesh Economic Zones Authority (Beza) will sign a deal with Bangladesh Special Economic Zone Ltd tomorrow for faster completion of the zone dedicated for Japanese investors on the occasion of the 50th anniversary of diplomatic relations between the two nations.
15 March 2022, 14:52 PM