72pc of youths with smartphones use internet: survey

Over 72 per cent of youths out of the 86 per cent who have smartphones have access to the internet.
9 September 2021, 18:00 PM

Regulator moves to ensure compliance

The Insurance Development and Regulatory Authority (IDRA) has taken up an initiative to make all industries and factories adopt group insurance, made mandatory in the Bangladesh labour law, against the backdrop of recent tragedies in the industrial sector.
9 September 2021, 18:00 PM

Industries minister urges Russia to invest in Bangladesh

Industries Minister Nurul Majid Mahmud Humayun has called upon the Russian entrepreneurs to invest in different sectors, including fertilizer, cement, leather and shipbuilding industries, in the country.
9 September 2021, 09:05 AM

Power cuts stall industrial revival in Syria’s Aleppo

Workshops in Syria’s Aleppo used to clatter on into the night before the war, but these days the machines grind to a halt at 6:00 pm sharp because of power cuts.
8 September 2021, 18:00 PM

Higher yield, prices bring cheer to jute growers

Jute growers are overjoyed as they took home good crops, which will allow them to make more profit because of the current higher prices of the golden fibre.
8 September 2021, 18:00 PM

Small jute mills attempt revival

Small jute mills of Rangpur division in the country’s northwest have resumed production after remaining shut for several months as raw jute prices soared after last year’s harvests and for the pandemic-induced business losses.
8 September 2021, 18:00 PM

Luxury hotels turning around

After a prolonged lockdown, business of star-rated hotels has slightly improved amid the pandemic as business travel and flight operations have resumed, according to industry insiders.
8 September 2021, 18:00 PM

China’s economy gets welcome boost from strong Aug exports

China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through headwinds from several fronts. 
7 September 2021, 18:00 PM

Ensure easy loan disbursement for SMEs

Structural reforms are needed to ensure quick and easy loan disbursements for the cottage and micro industry and small and medium enterprises (SME), according to speakers at a webinar yesterday.
7 September 2021, 18:00 PM

Ensure easy loan disbursement for SMEs: experts at DCCI, SME Foundation webinar

Structural reforms are needed for easy loan disbursement for the Cottage, Micro, Small and Medium Enterprises (CMSMEs), speakers said at a webinar today.
7 September 2021, 14:34 PM

Spinners on an expansion spree

The spinning industry in Bangladesh is witnessing massive investment as local entrepreneurs are either expanding their production capacities or setting up new units as the demand for garment raw materials is rising.
6 September 2021, 18:00 PM

Apparel orders staging a strong comeback

The flow of work orders to the garment industry is rebounding strongly on the back of the reopening of stores of retailers and brands in Europe and the US, the two main export destinations for the apparel manufacturers in Bangladesh.
6 September 2021, 18:00 PM

SMEs can now raise up to Tk 30cr from capital market

The small and medium enterprises (SMEs) can now raise up to Tk 30 crore from the capital market.
6 September 2021, 14:12 PM

Women entrepreneurs to get 30% of Tk 200cr incentive package: SME Foundation

The SME Foundation will disburse 30 per cent of the Tk 200-crore incentive package to the small and medium entrepreneurs run by women to recoup the losses of Covid-induced fallout.
4 September 2021, 15:08 PM

US manufacturing grows but employment shrinks: survey

US factory activity continued to expand in August but manufacturers struggled with ongoing supply chain snarls while employment contracted again, according to an industry survey released Wednesday.
2 September 2021, 18:00 PM

Low potato prices leave traders, farmers in a quandary

Potato farmers and traders have been left bewildered by a drastic fall in potato prices this year as many of them had packed their produce into cold storages to sell during the rainy season, when most crops die of flooding and before the arrival of winter crops, in order to maximise profits.
2 September 2021, 18:00 PM

Nasir Glass faces Tk 11cr VAT evasion charge

Nasir Glass Industries has been accused of evading Tk 11.22 crore in value-added tax payment in a case filed by the VAT Audit, Intelligence and Investigation Directorate (VAIID).
2 September 2021, 18:00 PM

Invest remittance wisely, let your money grow

Al Mahmud, who hails from Raiganj upazila of Sirajganj, went to Bahrain as a migrant worker 10 years ago.
2 September 2021, 18:00 PM

Mitsubishi Motors looks to set up plant in Bangladesh

Mitsubishi Motors yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study on establishing a production unit in Bangladesh by 2025 as the Japanese multinational automotive manufacturer looks to expand its footprint in South Asia.
2 September 2021, 18:00 PM

Mitsubishi to set up automobile plant in Bangladesh

Mitsubishi Motors Corporation (MMC), a renowned automotive manufacturer of Japan, has taken steps to conduct a feasibility study to establish an automobile assembly plant in Bangladesh.
2 September 2021, 12:22 PM