IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.
12 February 2024, 15:05 PM

Ctg Int'l Trade Fair begins Thursday

It will be the 31st edition of the monthlong show
12 February 2024, 13:20 PM

Bangladesh’s major trade bodies join global call for Red Sea safety

Three of Bangladesh’s major trade bodies have joined a global initiative calling on governments to collaborate in ensuring safe passage of commercial vessels over the Red Sea and deter a repeat of last December’s attacks.
11 February 2024, 16:59 PM

BMCCI inks MoU with PBI to enhance investment access for members

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) recently signed a memorandum of understanding with Prime Bank Investment Ltd (PBIL).
11 February 2024, 15:50 PM

Palak unveils Walton’s new smartphone model, storage device

Walton recently launched a new smartphone model, named “NexG N72”, and a solid-state drive (SSD) at its headquarters at Chandra in Gazipur.
11 February 2024, 15:35 PM

Fu-Wang Ceramic’s profit drops 28% 

Fu-Wang Ceramic Industries Ltd registered a 28 percent year-on-year decline in profit in the second quarter of the current financial year
11 February 2024, 09:47 AM

BAT Bangladesh’s profit remains nearly flat as expenses rise  

BATBC registered marginal growth in profit in 2023 , recommending a 100 percent cash dividend
11 February 2024, 07:24 AM

Experts for a regional alliance of South Asian airlines

Aviation experts and top officials of different airlines yesterday stressed the need to form a regional alliance among South Asian airlines to sustain against the competition of global mega airlines, stretch their market share, and increase customer satisfaction.
10 February 2024, 18:30 PM

RFL Footwear looks to raise non-leather exports to Africa

RFL Footwear, a concern of PRAN-RFL Group, wants to expand its non-leather footwear business in African markets.
10 February 2024, 18:00 PM

Devise strategy for extension of post-LDC benefits

Bangladesh should devise a strategy for the upcoming 13th WTO Ministerial Conference so that it can push for the retention of its trade benefits as a least developed country for three years past the LDC graduation in 2026, said an economist yesterday.
8 February 2024, 18:00 PM

Bida’s OSS to expand to 150 services by March 

Bida is currently offering 112 services through its one-stop service (OSS) and plans to expand it to 150 within March
8 February 2024, 09:57 AM

Runner Automobiles returns to profit as sales rebound

Runner Automobiles, one of the leading vehicle manufacturers in Bangladesh, recorded a profit of Tk 56.76 lakh for the October-December period
8 February 2024, 06:59 AM

Govt to fine foreigners overstaying visas, working without permit

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday.
7 February 2024, 18:30 PM

Govt to fine foreigners overstaying visas, working without permit

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday. 
7 February 2024, 15:52 PM

Insurers seek tax, VAT breaks in next budget

The Bangladesh Insurance Association (BIA), a platform for insurance companies, has proposed withdrawal of the VAT applicable to policyholders in order to help the health insurance sector expand.
6 February 2024, 18:30 PM

6-day furniture fair opens in Chattogram

A six-day furniture fair kicked off at GEC Convention Centre in Chattogram city yesterday featuring products of 27 enterprises, including New Antique, Heaven Furniture, Shoilpik, Hatil, Hatim, Vegas, P2P, JMG, Akhi and Royel and Right.
6 February 2024, 18:00 PM

Genex Infosys to build IT infrastructure for Saudi company at Patenga container terminal

Genex Infosys, a leading outsourcing IT provider, will build turnkey IT infrastructure for Red Sea Gateway Terminal Bangladesh Limited (RSGT) at the Patenga container terminal
6 February 2024, 07:52 AM

Shahjibazar Power to stop plant operations as deal with govt to expire

Khulna Power Company Ltd (KPCL) today notified the closure of its plant as the electricity sales agreement with the Bangladesh Power Development Board (BPDB) is set to expire on February 9
6 February 2024, 07:00 AM

Robbery rate drops in Chattogram port

Armed robberies of domestic and foreign vessels coming into the Chattogram port decreased sharply in the concluding year, according to two international organisations.
5 February 2024, 18:30 PM

Purchasing Managers’ Index launched in Bangladesh

A Purchasing Managers' Index has launched for the first time in Bangladesh today, with data generated by the real-time, data-based early economic indication system set to be published in April.
5 February 2024, 15:47 PM