No outdoor events in Cox’s Bazar on New Year's Eve

There will be no outdoor event to welcome the new year 2022 in Cox's Bazar.
29 December 2021, 05:11 AM

8.5 lakh potential migrant workers register with BMET app

More than 8.5 lakh people who want to go abroad for jobs have registered with the Bureau of Manpower, Employment and Training (BMET) through its Ami Probashi app within six months of its launch.
28 December 2021, 12:53 PM

Digital doers lauded

The government needs to build skilled human resources and develop infrastructure in line with the fourth industrial revolution to survive in the coming days, speakers said at the sixth The Daily Star ICT Awards ceremony yesterday.
27 December 2021, 18:00 PM

ICB to issue mudaraba sukuk worth Tk 1,000cr

The Investment Corporation of Bangladesh has decided to issue an ICB First Mudaraba Sukuk worth Tk 1,000 crore for 10 years.
27 December 2021, 18:00 PM

Real estate fair logs Tk 397cr sales

Flats, plots and commercial spaces worth around Tk 397 crore were sold and booked at the REHAB Fair 2021, which concluded yesterday.
27 December 2021, 18:00 PM

2 entrepreneurs, 4 firms get The Daily Star ICT Awards 2021

Two IT entrepreneurs and four enterprises have been honoured with The Daily Star ICT Awards 2021 for their pioneering roles and achievements in Bangladesh’s information and communication technology (ICT) sector.
27 December 2021, 15:16 PM

RMG export recovery mainly volume-driven

Local garment shipments have continued to attain an impressive recovery, largely driven by volume, as the price hike rate has been very low with normalcy restoration in the global supply chain from the pandemic’s severe fallout.
23 December 2021, 18:00 PM

Tung Hai Knitting sinks in 3 years after stock listing

Tung Hai Knitting & Dyeing Ltd was listed on the stock market of Bangladesh in 2014 as it raised Tk 35 crore. But the knitting manufacturer became a sick company within three years, raising questions about its intention of going public.
20 December 2021, 18:00 PM

Leather sector gets wider benefits

Export-oriented leather, footwear and tannery operators can now import the raw materials required by multiple production units based on a single bonded warehouse licence, according to a recent notification from the National Board of Revenue (NBR).
20 December 2021, 18:00 PM

NBR eases bonded warehouse rules to boost exports

With many export-oriented firms facing losses for cancellation of export orders by buyers or other factors and sit with stock of raw materials, the National Board of Revenue (NBR) has relaxed rules regarding holding period of raw materials imported duty-free by firms under bonded warehouse licence.
19 December 2021, 18:00 PM

Malek Spinning closes RMG unit for losses

Malek Spinning has decided to shut the RMG unit of its subsidiary Salek Textile Mills due to continuous losses and low demand for its products.
19 December 2021, 18:00 PM

BSCIC wants 214 acres of Sal forest

The Bangladesh Small and Cottage Industries Corporation is looking to turn 214 acres of Madhupur Sal Forest into an industrial park.
19 December 2021, 18:00 PM

DAP will push up flat prices

Real estate developers are concerned about the increasing cost of building materials as well as the proposed Detailed Area Plan (DAP), which will guide future constructions in Dhaka city, according to the Real Estate and Housing Association of Bangladesh (REHAB).
19 December 2021, 18:00 PM

Japan business lobbyist backs Myanmar coup, urges investment

A Japanese former politician who campaigned to bring billions of dollars of investment from some of Japans top companies to Myanmar has urged Japan to endorse its military regime, saying the nation’s coup leader has  “grown fantastically as a human being,” while praising his  “democratisation efforts.”
18 December 2021, 18:00 PM

Local firms bag four APICTA awards

Four local companies bagged awards in as many categories at the Asia Pacific ICT Alliance (APICTA) Awards 2020-21, Bangladesh Association of Software and Information Services (BASIS) said yesterday.
18 December 2021, 18:00 PM

Bangladesh bags 4 prizes at APICTA Awards 2020-21

Bangladesh has bagged four prizes in different categories in the Asia Pacific ICT Alliance (APICTA) Awards 2020-21.
18 December 2021, 13:46 PM

Sustainable trading system key to perform better in new normal: BGMEA chief

The sustainable trading system and buyers-suppliers relationship are crucial to perform better in the “new normal” situation induced by the Covid-19 pandemic, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
14 December 2021, 14:44 PM

Apon to set up ‘Fair Price Shop’ for Picard staff in Savar

Picard Bangladesh Ltd, a leather goods and footwear manufacturer, today signed a memorandum of understanding (MoU) with Apon Wellbeing Ltd to ensure the better health and wellbeing of its workforce.
14 December 2021, 13:20 PM

UCB Investment raises funds for 3 banks

UCB Investment has managed to raise funds for three banks by issuing perpetual bonds.
13 December 2021, 18:00 PM

'Ongoing pandemic created potential for production, export of MPPE'

The ongoing Covid-19 pandemic has shed light on the potential of investing in the production and export of medical personal protective equipment (MPPE), analysts said at a webinar today.
13 December 2021, 14:03 PM