Walton, DoE ink deal to phase out harmful gas

Walton has signed an agreement with the Department of Environment (DoE) on the latter’s premises in the capital recently over an “HCFC Phase-out Management Plan Stage II” project. 
1 September 2021, 18:00 PM

Sri Lanka organic revolution threatens tea disaster

Sri Lanka’s drive to become the world’s first 100 per cent organic food producer threatens its prized tea industry and has triggered fears of a wider crop disaster that could deal a further blow to the beleaguered economy.
1 September 2021, 18:00 PM

Hatil: from an idea to an established brand

Just after completing his graduation in 1988, Selim H Rahman, chairman and managing director of Hatil Furniture, started gathering experience in the timber business and together with his father, developed an idea to manufacture doors on a commercial basis.
1 September 2021, 18:00 PM

Edible oil consumption rises 20pc in 5 years

The country's annual consumption of oils and fats currently stands at 30.3 lakh tonnes, 92 per cent of which is met through imports. Bangladesh imported 27.73 lakh tonnes of edible oil, fats and oil seed worth $2.12 billion in fiscal 2019-20.
31 August 2021, 18:00 PM

New international accord: The debate

Farque Hassan, president of apparel makers’ platform the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said a new international accord cannot be formed.
31 August 2021, 18:00 PM

SME stimulus way lower than regional peers: study

The government’s allocation for helping small and medium enterprises (SMEs) overcome coronavirus-induced losses is less compared to the funds set aside for the same purpose in India, Thailand, and Malaysia, according to a recent study.
31 August 2021, 18:00 PM

Apparel export to EU awaits severe competition: experts

Bangladesh will face severe competition in garment shipment to the European Union (EU) once it makes the United Nations status graduation from a least developed to a developing nation, a noted economist said yesterday.
31 August 2021, 18:00 PM

‘SMEs in India, Thailand, Malaysia received more incentives than Bangladeshi peers’

The government has allocated less incentive than India, Thailand, and Malaysia in the Small and Medium Enterprises (SMEs) sector to help them overcome the losses caused by the Covid-19 pandemic, according to a report of SME Foundation revealed today.
31 August 2021, 13:29 PM

Ukraine pins hopes on Gulf visitors for pandemic-hit tourism

Saudi tourists ride horse-drawn carriages, pose for portraits by street artists and play chess on benches with locals in Lviv, a city in Ukraine more accustomed to hosting European guests.
30 August 2021, 18:00 PM

Policy framed to give CIP status to recruiting agents

The expatriate welfare and overseas employment ministry has framed a policy to recognise recruiting agents as commercially important persons (CIPs) for their contribution to overseas employment.
30 August 2021, 18:00 PM

Hoarders, exporters dominate jute markets

Allured by the high price of raw jute at the fag end of last year, a section of traders and seasonal buyers are now rushing to stockpile the product.
30 August 2021, 18:00 PM

Give long-term loans for industrial dev

Banks in the country should give long-term loans to entrepreneurs who wish to establish industrial units, said speakers at a webinar held yesterday.
30 August 2021, 18:00 PM

Revenue receipts rise slightly

Revenue collection grew marginally in July owing to the slowdown in business activities in the face of the government’s restrictions to combat the coronavirus spread.
30 August 2021, 18:00 PM

BSCIC seeks Tk 1,000cr stimulus fund

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has sought a Tk 1,000 crore stimulus package from the government to disburse loans for the development and expansion of the cottage industry and SMEs.
30 August 2021, 18:00 PM

‘Young entrepreneurs should follow Anwar Hossain as a model of success’

Anwar Hossain was a man of values, principal, punctuality. He was successful as a man, businessman, and leader. Young entrepreneurs should follow Hossain as a model of success, speakers said while commemorating Hossain yesterday.
30 August 2021, 07:28 AM

Jamdani industrial estate: a tale of unmet dreams

Two decades past its establishment, the Jamdani industrial estate is plagued with multifaceted problems and is nowhere near living up to expectations.
29 August 2021, 18:00 PM

Int'l Accord separate from RMG Sustainability Council: BGMEA

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said that the recently signed International Accord for Health and Safety in the Textile and Garment Industry is separate from RMG Sustainability Council (RSC).
29 August 2021, 15:54 PM

Bata returns to profit in Bangladesh

Bata Shoe Company (Bangladesh), one of the widely known footwear brands in the country, returned to profit in April-June period of the current year after incurring a massive loss in the same quarter last year.
29 August 2021, 11:55 AM

Protect consumer rights in digital industries: experts

All industries and their respective regulatory bodies are responsible for ensuring consumer protection as well as deepening financial inclusion, according to speakers at a webinar.
28 August 2021, 18:00 PM

Import duty evasion drops as fine doubles

Import-related irregularities have gone down significantly after the National Board of Revenue (NBR) doubled the minimum penalty for evading duties, helping the government earn more in taxes.
26 August 2021, 18:00 PM