DBL Group has availed itself of a $52 million loan from British International Investment, a development finance institution of the UK, for the construction of a manufacturing facility.  

The commerce ministry today requested the Bangladesh Bank for keeping a certain quota of US dollar to facilitate import of six essential commodities to ensure smooth supply of the goods during Ramadan.

Only 36 per cent of the 8.25 lakh tonnes of plastic waste Bangladesh produced in 2019 were recycled whereas the amount was 51 per cent in 2006, a matter of big concern for the country, an expert said today.

Six out of the 19 private inland container depots (ICDs) have once again come up as the major handler of export and import cargoes in the port city.

Local electronics giant Walton is all set to take part in the world’s most influential tech event ‘Consumer Electronics Show (CES)-2023’ at Las Vegas in the USA from January 5 to 8.

The Bangladesh Garments Workers Unity Council (BGWUC) today demanded that the monthly minimum salary of the garment workers to be hiked by 175 per cent to Tk 22,000 from the existing Tk 8,000.

The earning from merchandise export in December grew by 9.33 per cent year-on-year to $5.37 billion, a single month historic high of Bangladesh.

The government has selected 70 export-oriented companies to award them for their outstanding performance in merchandise export in the fiscal year 2019-20.

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

India has suggested that Bangladesh review the proposed import quota on several food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.

The Bangladesh Road Transport Corporation has introduced 50 shuttle buses to carry passengers between Kuril and the venue of the 27th edition of the Dhaka International Trade Fair (DITF), which will start on January 1.

Evince Textiles Ltd is going to spend Tk 20.42 crore to buy capital machinery in order to raise its manufacturing capacity.

Desh Garments Ltd has received consent from the Bangladesh Securities and Regulatory Commission (BSEC) to issue a 10 per cent stock dividend for the year that ended on June 30.

Two more Bangladeshi garment factories have been awarded with the green garment factory certificate in gold category for their outstanding initiatives to save environment and compliances.

Twenty-eight Bangladeshi companies have won a total of 31 accolades in the South Asian Federation of Accountants (SAFA) Best Presented Annual Reports 2021 Awards competition. 

Bangladesh now has the ability to clear import payments of four months if the country’s net forex reserves are taken into consideration, the Centre for Policy Dialogue (CPD) said today.

Bangladesh needs to diversify its export basket and seek out new markets in order to prevent potential losses after graduating from the list of least developed countries (LDC), according to Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI).

The Asian Development Bank (ADB) has entered into a €10.8 million ($11.2 million) loan agreement with Envoy Textiles to fund a second yarn spinning unit at Envoy’s manufacturing plant in Mymensingh’s Bhaluka.

The National Board of Revenue today awarded nine firms for paying the highest amounts of value-added tax in 2020-21 fiscal year.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought partnership with the UK for technology transfer and supply chain development to ensure smooth graduation of Bangladesh from the least developed country (LDC) category.