BGMEA targets making 50% products with recyclable materials by 2030

The garment makers today said they would manufacture half of the apparel products by using recyclable materials by 2030.
6 October 2022, 15:47 PM

World Bank cuts Bangladesh’s growth forecast by 0.6 percentage points to 6.1%

The World Bank today slashed growth forecast for Bangladesh by 0.6 percentage points to 6.1 per cent for the current fiscal year ending in June 30, 2023, impacted by global economic slowdown and the war in Ukraine.
6 October 2022, 14:06 PM

‘Compliant industries can attract huge foreign investment’

Bangladeshi industries which follow environmental, social and corporate governance in their fields have huge potential in attracting foreign investment, analysts said today.
6 October 2022, 12:04 PM

Why did exports fall first time in 14 months?

Last month, Bangladesh’s export earnings fell to a 13-month low of $3.9 billion. Why?
5 October 2022, 13:31 PM

Turkish businesses urged to invest in Bangladesh

Turkish businesses can consider the 100 economic zones and 28 high-tech parks of Bangladesh as their preferred investment destinations, Dhaka Chamber of Commerce and Industry President Rizwan Rahman said today.
4 October 2022, 11:55 AM

Emerald Oil opens branch in Japan to boost export

Emerald Oil, one of the early entrants in the domestic rice bran oil market, has established a new branch in Japan last month as part of its plan to export its product to the island nation.
4 October 2022, 10:16 AM

Meta includes Bangladesh in annual marketing summit

Meta, formerly known as the Facebook company, for the first time has expanded its annual marketing summit to Bangladesh, and the digital event was aired today.
29 September 2022, 12:41 PM

‘Go for regulatory reforms to attract more EU investment’

Bangladesh should go for regulatory and taxation reforms along with building level playing fields for local and foreign firms to attract more foreign direct investment from the European Union, EU Ambassador Charles Whiteley said today.
27 September 2022, 12:51 PM

Influential US trade bodies want GSP's reactivation

The American Apparel and Footwear Association (AAFA) along with 270 other trade bodies has urged the US Congress for reactivating the Generalised System of Preferences (GSP) for the convenience of the American traders.
26 September 2022, 12:34 PM

DCCI team to visit Turkey to explore new market

A delegation of the Dhaka Chamber of Commerce and Industry (DCCI) will depart Dhaka tomorrow for Turkey to explore bilateral trade and investment opportunities.
26 September 2022, 09:32 AM

Japan may extend $600 million as budget support

Japan may extend $600 million to Bangladesh as budget support, Planning Minister MA Mannan said today.
26 September 2022, 08:40 AM

Shwapna Bhowmick now Marks and Spencer’s head for Bangladesh, India

Bangladesh-born Shwapna Bhowmick has been promoted to play the role of the head of Bangladesh and India operations of British retail giant Marks and Spencer (M&S).
22 September 2022, 14:11 PM

Palm super oil price cut by Tk 12, sugar by Tk 6

The government today cut the retail prices of loose palm super oil by Tk 12 a litre and packaged and loose sugar by Tk 6 per kilogramme (kg).
22 September 2022, 12:42 PM

Ananda Shipyard builds, hands container ship to UK buyer

Local shipbuilder Ananda Shipyard & Slipways Ltd today handed a multi-purpose container vessel to its buyer in United Kingdom.
13 September 2022, 15:20 PM

‘Hong Kong now one of the top investors in Bangladesh’

Hong Kong has become one of the top 10 foreign investors in Bangladesh, pouring $1.8 billion till date mainly in the textile and energy sectors, said Rizwan Rahman, president of the Dhaka Chamber of Commerce and Industry (DCCI).
13 September 2022, 12:58 PM

Exporters to get maximum Tk 99 per USD, remitters Tk 108

Banks in Bangladesh would offer a maximum of Tk 108 for remittances coming through the exchange houses and Tk 99 to the exporters in case of purchase of US dollars from them.
11 September 2022, 13:04 PM

‘India wants to invest in energy, transport, agro-processing sectors’

Indian businesses want to invest in energy, transport and agro-processing sectors in Bangladesh, Commerce Minister Tipu Munshi said yesterday.
10 September 2022, 14:49 PM

Bangladesh, India should address non-tariff barriers: FBCCI president

Bangladesh and India should address the non-tariff barriers to facilitate and boost bilateral trade, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
7 September 2022, 14:47 PM

World Bank’s team reaches Ctg port to discuss Bay Terminal project

An 11-member technical mission of the World Bank reached Chattogram port today to discuss various aspects of proposed Bay Terminal, a mega project taken to enable the port accommodate larger ships.
4 September 2022, 13:33 PM

Europe's alternatives if Russia shuts off gas supply

The Nord Stream 1 pipeline that transports Russian gas to Germany will undergo further maintenance, Gazprom said on Friday after scrapping a Saturday deadline to resume flows, deepening Europe's difficulties in securing fuel.
3 September 2022, 12:11 PM