Foreign funds in stocks drop

The stock market regulator’s initiatives such as roadshows in various countries to bring in investments appear to have produced no significant positive outcome as foreign investors reduced their stakes in the listed companies to book profits.
22 September 2021, 18:00 PM

Foreign JV to build 50MW solar power plant

Two foreign companies yesterday got the government nod to set up a 50-megawatt solar power plant in Khulna’s Terokhada upazila.
22 September 2021, 18:00 PM

Automobile policy introduced to promote local manufacturing

The government has issued a policy which comes with tax and export incentives to encourage entrepreneurs to establish automobile plants here in Bangladesh.
22 September 2021, 15:23 PM

Stop export of soybean meal: feed millers

Feed millers have called upon the government to stop the export of soybean meal, a major ingredient of feed for poultry, fish and cattle, for the sake of the livestock industry in the country.
22 September 2021, 12:16 PM

Transport strike: Few industries using own vehicles to unload goods

Most of the operations at Chittagong port remain suspended for the second consecutive day today, as a faction of owners and workers of goods transport are observing a countrywide 72-hour work abstention since yesterday.
22 September 2021, 07:26 AM

Dairy farming gets costlier

Milk production has turned costlier in the past few months due to soaring prices of animal feed, leaving dairy farmers with little hope of securing expected profits.
21 September 2021, 18:00 PM

Leasing out state jute mills: Ministry vetting 12 proposals

Over a year past shutting down state-run jute mills, the government has made little progress in modernising and reopening them, up until now having merely selected some potential lessee proposals for ministry-level vetting.
21 September 2021, 18:00 PM

Market diversification key to RMG growth

The year 2021 is a significant one for Bangladesh as the country is celebrating its 50th year of independence.
20 September 2021, 18:00 PM

IFC to invest $2.5m in Truck Lagbe

International Finance Corporation (IFC) is going to invest $2.5 million in online platform Truck Lagbe to connect people and corporate customers with truck owners and drivers through an app and a website in Bangladesh.
20 September 2021, 18:00 PM

Puma to open another store in Dhaka's Dhanmondi 27

Just two years after opening its doors for Bangladeshi customers, German sportswear giant Puma is going to expand its reach further in the country.
20 September 2021, 11:35 AM

Pabna’s sugarcane farmers decry closure of nearby mill

Afsar Ali, a marginal farmer based in the catchment area of Pabna Sugar Mill in Ishwardi upazila, grew sugarcane on three bighas of land last year with an aim to sell the crops at the nearby processing plant.
19 September 2021, 18:00 PM

RMG exporters fear losses for airport drawbacks

Apparel exporters are apprehending significant losses in business for missing freight transport deadlines as the number of scanners and flights at Hazrat Shahjalal International Airport in Dhaka is currently insufficient to meet demand.
19 September 2021, 18:00 PM

DBL Ceramics’ business conference held

DBL Ceramics has recently held a business conference at a resort in Gazipur.
19 September 2021, 14:13 PM

Panel to resolve RMG cash incentive issue

A high-powered committee will be formed by Sunday to resolve issues pertaining to payment of cash incentives to garment exporters who do not have bonded warehouse licences, said Commerce Minister Tipu Munshi yesterday.
16 September 2021, 18:00 PM

Honey farming a new hope for small entrepreneurs

Honey cultivation has proved to be a profitable venture for many farmers, especially small-scale entrepreneurs, in Sylhet division and as a result, people are becoming increasingly interested in the practice.
16 September 2021, 18:00 PM

Facebook leads Tk 4.6cr VAT payment in August

Five global tech firms paid Tk 4.6 crore as value-added tax (VAT) in August, with social media giant Facebook depositing the highest amount, which reflects the growing interest of businesses in using advertisements about their products and services in the digital sphere.
16 September 2021, 18:00 PM

Aluminium product prices go up

The price of aluminium products has increased significantly over the past year due to the rising cost of raw materials at the international level, according to industry insiders.
16 September 2021, 18:00 PM

No solution yet to gas crisis

No solution has come about over a shortage of gas supply turning captive power plants inoperative, effectively shutting down production at textile mills in some areas in Savar, Narayanganj, Dhamrai, Manikganj, Gazipur and Chattogram.
16 September 2021, 18:00 PM

Govt signs trade, investment deal with Australia

Bangladesh and Australia yesterday signed the Trade and Investment Framework Arrangement (Tifa) to attract investment and eliminate trade barriers between the two countries.
15 September 2021, 18:00 PM

Long queues of import-laden trucks at Burimari land port

Around 400 trucks carrying imported goods from India are waiting to unload goods at the Burimari land port of Patgram upazila in Lalmonirhat due to a shortage of space in customs’ warehouses.
15 September 2021, 18:00 PM