The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the country's investment development authority to ease the process for obtaining and renewing licences in order to reduce the cost of doing business.

A Chinese company is set to implement a Tk 3,975 crore digital connectivity project that will equip Bangladesh with the latest ICT infrastructure, digitise government services and increase ICT usage at the field level.

Two state-owned jute mills that were leased to the private sector recently began production, creating many employment opportunities in the process, according to Golam Dastagir Gazi, the minister of textiles and jute.

Bangladesh Telecommunication Company Limited (BTCL) yesterday launched its prepaid services that enable customers to avail telephone and internet services without prior deposits.

Handloom weavers in Sirajganj are in anything but a festive mood ahead of Eid this year as rising raw material costs coupled with poor sales have brought many to the brink of collapse.

Bangladesh is likely to lose $5.28 billion worth of businesses annually in the European Union in the post-LDC era because of the erosion of preferential trade benefits following the country’s graduation from the group of the least-developed countries, according to a new study.

A new weekly China-Bangladesh container vessel service will make its debut in the last week of this month, creating an opportunity to quicken the country’s import and export trade.

The government has instructed the factory and industry owners to pay the bonus and salaries for March and April before the Eid holiday scheduled to begin on April 29.

The adverse effects of Covid-19 were profound in Bangladesh’s hospitality and tourism sector as it lost about Tk 60,000 crore in gross value added during the pandemic, according to a survey by the Bangladesh Institute of Development Studies (BIDS).

Cumilla Economic Zone (CEZ) has got final approval from the government as the 12th private economic zone in Bangladesh.

The country’s hospitality sector has lost about Tk 17,300 crore in gross value added during the pandemic, according to a survey.

The government could form a taskforce to identify the promising plastic sector’s challenges and explore its potentials conforming to environmental standards, suggested Ahmad Kaikaus, principal secretary to the prime minister, yesterday.

Akij Group has set up its first rooftop solar plant with a power generation capacity of 470 kilowatts at Janata Jute Mills in Faridpur’s Boalmari upazila with technical solutions and support of Huawei and Cynergy.

Walton has doubled its motherboard production capacity as the local technology giant looks to become savvier in high-tech and cut reliance on imports for advanced technologies.

The National Board of Revenue (NBR) has unearthed more than Tk 1 crore VAT evasion by PHP Float Glass Industries Ltd after poring over the documents filed by the Chattogram-based company for the period from the fiscal year of 2013-14 to 2017-18.

Bangladeshi tourists have started crossing the border through the Banglabandha Land Port in Panchagarh, more than two years after their entry through the port was suspended in the wake of Covid-19.

A Canada-China owned company will invest $5.74 million to set up a diversified product manufacturing plant in Bepza Economic Zone.

Walton Hi-Tech Industries PLC said today it has won the tender to procure more than 50 years long-established European brands ACC, Zanussi Elettromeccanica (ZEM) and Verdichter (VOE) from Italia Wanbao-ACC.

Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.

The government has removed the upper ceiling on investments in two US dollar related bonds so that non-resident Bangladeshis (NRBs) can invest as much as they want in both securities, according to a notification from the Internal Resources Division (IRD).