Archive / Economy - 2019
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Riyadh Cables Group eyes business in BangladeshRiyadh Cables Group Company (RCGC), a Saudi cable producer, has expressed interest in expanding its corporate footprint in Bangladesh. A high-powered RCGC delegation completed a...Sub-standard PV equipment worries Bangladeshi solar developersSub-standard solar modules and other PV equipment is becoming a major concern for the Bangladeshi solar industry.Visitors to the 17th Solar Bangladesh Expo, taking place...Weak capital market: Brokers look for Tk 100b life saverStock intermediaries are looking for a Tk 100 billion store from the administration to infuse new life into the incurable capital market. The go-betweens said they...Monno Stafflers suggests 20pc stock profiThe governing body of Monno Jute Stafflers Ltd has prescribed 20 percent stock profit for the year finished on June 30, 2019, said an official...Amazing ascent in modern part NPLThe volume of ordered credits, having a place with the mechanical part, hopped by more than 48 percent in the financial year (FY) 2018-19. The principle...Automation: A threat for RMG workers or an opportunity for the sector as a whole?The fourth industrial revolution is under way and bringing with it a series of upheavals—robotics, automation, machine learning, and artificial intelligence are gradually making their...Bangladesh Bank refreshes BEFTN frameworkThe Bangladesh Bank (BB) has refreshed its electronic supports move framework that will happen from tomorrow (October 24) to encourage business exercises the nation over. Installments...Bangladesh to clock third highest growthThe Bangladesh economy is tipped to clock in the third highest growth in the world in 2019 on the back of its robust exports, remittance...Northern Jute takes big leap in EPSNorthern Jute Manufacturing Company Limited (NJMCL), a listed company, has made a turnaround as the export-oriented firm has reported Tk23.29 earnings per share (EPS), which...How to make the Bangladesh apparel industry sustainableThe second edition of the Sustainable Apparel Forum (SAF), scheduled to be held in Dhaka on November 05, is aiming to make the apparel and...Bangladesh a promising trade prospect, says Deloitte partnerWhile most efforts to improve business conditions in India have been targeted at foreign investment from large economies across the world, Deloitte is turning India’s...An undeniable trend in style industryWe need to advance the spirits 'Deshi First' and 'Deshi Always’, all with the expectation that Bangladeshi customers will be increasingly disposed towards purchasing neighborhood...Is automation a threat for RMG workers in Bangladesh?The fourth industrial revolution is underway and is bringing with it a series of upheavals. Robotics, automation, machine learning, and artificial intelligence are gradually making...Workers making £88 Lululemon leggings claim they are beatenLululemon, an athleisure brand whose £88 leggings are worn by celebrities and Instagram influencers, are sourcing clothing from a factory where Bangladeshi female factory workers...UAE-based companies turn to Bangladesh to build their shipsAt present, Bangladeshi ships are being exported to around 12 countries in Asia, Africa and Europe.“Made in Bangladesh ships have a huge potential in India,...Northern Jute suggests 100pc money profitThe governing body of Northern Jute Manufacturing Company Limited has suggested 100 percent money profit for the year finished on June 30, 2019, said an...Sustainability stressed for fuelling economic growthForeign diplomats, apparel makers and buyers' representative have emphasized the need for true sustainability in the garment sector and compliant value chain in Bangladesh for...Bangladesh Economy Continues Robust Growth with Rising Exports and RemittancesThe Bangladesh economy sustains strong growth in FY19 led by rising exports and record remittances, says a new World Bank report, “Bangladesh Development Update October...GPH Ispat to dispatch new manufacturing plant by NovemberIt'll utilize Quantum EAF as the world's subsequent steel plant GPH Ispat Limited is set to dispatch its new plant, involving best in class apparatus, by...ADP execution drops in Q1The Annual Development Program (ADP) usage rate tumbled to 8.06 percent in the main quarter (Q1) of the current financial year (FY) 2019-20. During a similar...Evolution of the RMG sectorThe global apparel industry is awash with “facts” and statistics which, in a great many cases, can be inadvertently misleading. One of the most cited...Local milk industry: A revolution in whiteThe country's milk production has increased at least threefold over the past nine years, now meeting two-thirds of the total demand. Currently, the total demand for...Bangladesh 2nd fastest growing economy in South Asia: WBBangladesh’s economy is forecasting to grow faster than all countries in South Asia except Bhutan in the current fiscal year, World Bank has said.According to...96pc Samsung sets assembled locallyNo Samsung mobile handsets will be imported to Bangladesh after March next year as its local plant is capable of meeting the domestic demand entirely. The...World Bank cuts India's development gauge to 6.0pcThe World Bank (WB) cut on Sunday its development gauge for India's present monetary year to 6 percent, down from 7.5 percent, notice that the...US-China issues of dispute remain vast despite trade truceThe Trump administration and China declared a temporary truce Friday in their 15-month trade war. Yet the grievances that led them to impose tariffs on...Expanding our export horizonsThe Bangladesh economy has, so far, relied heavily on the dynamism of the RMG industry for its remarkable growth, but in an increasingly competitive world...India-Bangladesh stakeholders’ meet to revive age old ties of trade and connectivityClose on the heels of Bangladesh Prime Minister Seikh Hasina’s visit to India and signing, exchanging, adopting of bilateral agreements between the two countries, Assam...World Bank forecasts 7.2 pct GDP growth for Bangladesh in 2019-20 fiscalThe World Bank has predicted 7.2 percent economic growth for Bangladesh for the current fiscal year 2019-20 (July 2019-June 2020).The Washington-based lender made the projection...Bangladesh second quickest developing economy in South Asia: WBBangladesh's economy is guaging to become quicker than all nations in South Asia aside from Bhutan in the current financial year, World Bank has said. As...Current record comes back to green zoneFare, import see negative development The nation's exchange hole with the remainder of the world limited during the initial two months of the current monetary year,...BD to end up independent in egg generation in FY20The nation will be independent in egg generation this monetary year (FY20) with a normal yield of 17.81 billion eggs, as per the administration. The egg...Oversight of info definition in VAT lawThe nonattendance of a meaning of contributions to the VAT law has put in danger the objective of income activation from assembling organizations, authorities state. Under...Gross domestic product development rate prone to reach focused on 8.20pc in FY20: BBBangladesh Bank is expecting that the development pace of the nation's Gross Domestic Product (GDP) will accomplish 8.20 percent focus in the current monetary year...Move to make V-Next stage mainstream10 little top cos to be recorded on DSE's SME stage The nation's little and medium endeavors (SMEs) will have the option to pull in outside...SEBL signs MoU with Hajj FinanceSoutheast Bank Limited (SEBL) marked a Memorandum of Understanding (MoU) with Hajj Finance Company Limited (HFCL) as of late. Syed Faisal Omar, Senior Executive Vice President,...Startups, SMEs to get easy fundsBangladeshi hi-tech start-ups and SME entrepreneurs can now receive funding from local and foreign investors by pitching their ideas and enterprises on a platform of...CPD to dispatch BD Business Environment StudyThe Center for Policy Dialog (CPD) will discharge the Global Competitiveness Report 2019 (GCR 2019) and present the discoveries of the Bangladesh Business Environment Study...250 Bangladeshi workers sent back home from KSA in two daysAmid the ongoing crackdown on undocumented migrants in the Kingdom of Saudi Arabia (KSA), a total 250 Bangladeshi workers have been sent back from the...Why Indian Investors Should See Bangladesh as an OpportunityToday, during India-Bangladesh Business forum, Bangladesh PM H.E. Sheikh Hasina welcomed the Indian business entities to develop interest in doing business with Bangladesh. Explaining about...What Bangladesh PM Sheikh Hasina told her cook after India’s onion export banIndia’s onion export ban seems to have impacted kitchen of Bangladesh Prime Minister Sheikh Hasina, as she has urged in lighter vein to provide prior...Onion cost is on down patternThe onion cost is getting down gradually at various kitchen showcases in the city, however the everyday citizens are not feeling good as they are...Growth lessons India can take from new frontrunner BangladeshIndia has not only lost its tag as the fastest growing economy, it is even lagging behind its former 'poor cousin’ Bangladesh, which grew by...India-Bangladesh discuss trade, investmentIndia and Bangladesh are not competitors but collaborators in making both countries prosperous and ensuring a better future for their people said Union Minister of...Bangladesh is booming - and here's why, says the Prime MinisterMany see Bangladesh as a 'market’ of over 30 million middle- and affluent-class people and a ‘development miracle’. To me, our strengths are the societal...Piyush Goyal urges Indian industry to invest in BangladeshUnion commerce & industry and railways minister Piyush Goyal on Friday urged the Indian industry to be a part of the Bangladesh’s growth story with...Motorbike industry revs up in BangladeshNo more imports. The motorbike industry in Bangladesh is revving up with the steadily increasing demand for the two-wheelers in the country.Domestic production has pushed...By 2030, Bangladesh will be the 24th largest economy. Here's how ICT is driving that growthIn Bangladesh, more than 120 companies export information and communications technology (ICT) products worth nearly $1 billion to 35 countries. By 2021, it’s expected that...Product exports reach the milestone of $40 billionLeather and leather products, jute and jute products, home textile and frozen shrimp exports have decreased. However, due to good growth in ready-made garments, processed...Explained: How Bangladesh’s economic growth is stealing India’s thunderThe latest economic outlook update released by the Asian Development Bank has shown how Bangladesh, and not India, is the standout economy in terms of...Bangladesh compiling spot LNG shortlistAccording to Reuters, Bangladesh has compiled a shortlist of 17 companies for a spot tender process, as it prepares to purchase 1 million t of...62pc Bangladeshi migrants unskilledSome 11.5 million Bangladeshis are currently staying for work in different countries and 62 per cent of them are unskilled, according to a survey of...Taking off onion costs: Govt sends checking groups to 10 areasThe administration today (Tuesday) morning sent a sum of 10 groups, each driven by a joint secretary, to the same number of areas for checking...Container update: NBR looks for control on errant shippersThe National Board of Revenue has mentioned the national bank to solicit banks not to open letters from credit for any shippers who skipped refreshing...RPower 'ideally' placed for strong performance: Anil AmbaniReliance Anil Dhirubhai Ambani (ADAG) Group Chairman Anil Ambani on Monday said that Reliance Power is ideally positioned to deliver a strong operating and financial...Indian Onion Export Ban Likely to Disrupt the Market in BangladeshOnion prices in Bangladesh are likely to increase exponentially in the coming days as a result of India’s decision to impose a ban on the...Bangladesh eyes double-digit GDP growth in 5 yearsBangladeshi Finance Minister AHM Mustafa Kamal on Sunday said the country's economy looked set to clock a double-digit growth in the next five years. Kamal...SME contribution still negligible: studyThe contribution of small and medium enterprises (SMEs) to the economy is still negligible as the sector has not developed fully for some challenges like...Yarn consumption doubles in six yearsYarn consumption doubled over the last six years because of high demand from domestic garment manufacturers and high volume of garment export, according to industry...Bangladesh benefits from China's developmentThe People's Republic of China is going to celebrate its 70th founding anniversary on Oct. 1, when all its citizens will mark this national auspicious...Gas, tobacco segments: Tax income receipts drop in July-AugustThe Large Taxpayers Unit (LTU) saw a drop in income gathering in the July-August time of the current monetary year (FY), 2019-20. The income accumulation development...Bangladesh waitlists 17 organizations for spot LNGBangladesh has shortlisted 17 universal organizations for its spot delicate procedure as it intends to purchase around 1 million tons of condensed gaseous petrol (LNG)...48 selected for industry sector CIP statusIndustries ministry has selected 48 business people as commercial important persons (industry) for their contribution to the country’s overall economy through setting up industries, creating...ANALYSIS - Paradox of rise & fall of casino empires in BangladeshA decade after Bangladesh’s ruling Awami League party came to power, the country’s law enforcement agencies launched a crackdown this month on illegal casinos allegedly...Bangladesh government pledges rooftop PV on all its buildingsThe government of Bangladesh has asked all public departments to install rooftop PV under the net metering guidelines introduced last year and says 300 MW...PM receives Champion of Skill Development for Youth awardUNICEF Goodwill Ambassador Shakib Al Hasan extended heartfelt congratulations to the prime minister for the wonderful recognitionPrime Minister Sheikh Hasina has received an award titled...Nike gets striking income for Q1 2019-2020Nike, the American sportswear monster has beaten investigators' desires with its first-quarter salary for 2019-2020. For this, the organization offers ascended over 5.5%, higher than...Bangladesh as the next destination: Deepening economic ties with JapanMahfuz Anam, Editor and Publisher, The Daily StarJapan has been a trustworthy and dependable friend since the birth of Bangladesh. It gives Bangladesh immense pride...The future of the automobile industry in BangladeshThe automobile industry in Bangladesh, as a whole, is growing. We have an estimated annual demand of 30,000 units for the passenger vehicles among which...Asia’s emerging economies are winning US-China trade warAsia’s emerging economies have been the big winners from the US-China trade war and they will gain even more if it escalates, according to the...China to send its top exchange arbitrator to US for talksChina's top exchange moderator will lead a forthcoming thirteenth round of talks planned for settling an exchange war with the United States, a senior Chinese...How to boost FDIAt some of the conferences on Bangladesh held in the USA, particularly at Harvard University, I have noticed that introductory speeches often mention Henry Kissinger...Bangladesh Speaker calls for more efficient Eurasian economic integrationEurasian parliaments could become a tool for minimizing economic gaps in the regions,» speaker of the National Assembly of Bangladesh Shirin Sharmin Chaudhury said addressing...Global Bangladesh Market Size 2019 by Channels, Downstream Buyers, Industry Chain, and Forecast to 2024Global “Bangladesh Market” 2019-2024 Analysis by Growth, Manufactures, Types, Applications and Geographical Regions. This report classifies the global market by top manufactures, region, type and...Managing Bangladesh’s external account imbalanceBangladesh has recorded an unprecedented 8.3 percent economic growth in the 2019 fiscal year. An accelerating economic growth coupled with a declining population growth led...Textile innovators invited to BangladeshEvent organiser Mostafiz Uddin says the decision to allow relevant companies to exhibit cost-free at the ‘Sustainability Centre’ will help to accelerate the adoption of...41pc households with migrants to be poor without remittance: WBForty-one percent of households with at least one family member engaged as a migrant worker would be in poverty without remittance, said a senior World...Bangladesh achieves silent revolution in automobile industryCountry’s automobile industries have nowadays raised the ray of hope as various types of motors parts, even bodies of buses and trucks are being produced...Time to address youth unemploymentCreating employment for its large young population is one of the major policy challenges in Bangladesh at this moment. According to the Labour Force Survey...StanChart unveils guidebook for Japanese investorsStandard Chartered Bangladesh has unveiled a guidebook to help Japanese businesses explore investment opportunities in the country and operate. The local operations of the London-based emerging-markets...50 small RMG units shut in six monthsAbout 50,000 workers have lost their jobs as 50 small and medium-sized garment factories have shuttered their operations since April mainly because of higher cost...Promising prospect of furniture industryThe prospect of furniture sector of the country is promising since the exports begin to grow with wide variety of international standard and quality furniture.The...Bangladesh, China and BRIPeople are there to criticize Bangladesh’s joining Chinese President Xi Jinping’s magnificent project – Belt and Road Initiative (BRI). India is desperately trying to stop...TIB praises Beximco for ‘undeniable’ contributions to Bangladesh economyTransparency International, Bangladesh or TIB has praised Beximco Group in response to the conglomerate’s protest against remarks on its Vice-Chairman Salman F Rahman and loan...Promoting Bangladesh in QatarBangladesh Embassy and the Bangladesh Forum Qatar (BFQ) held a Community Outreach Programme to promote “Made in Bangladesh” ExhibitionThe first ever Bangladeshi trade fair in...Trying times for our RMG sectorThese are very challenging times for the Bangladeshi ready-made garment (RMG) industry. Bangladesh Garment Manufacturers & Exporters Association (BGMEA) recently announced that since February this...Bangladesh is India’s ‘foremost’ partner in ITEC programme, says Riva DasHome > EconomyBangladesh is India’s ‘foremost’ partner in ITEC programme, says Riva Das Senior Correspondent, bdnews24.comPublished: 20 Sep 2019 09:58 PM BdST Updated: 20 Sep...Bangladesh's leading cellphone companies in legal tussleBangladesh's two leading cellphone companies are negotiating with a regulator over claims of about $1.5 billion in unpaid taxes as they face a possible loss...Bangladesh leads world in green RMG productionBangladesh is now home to the highest number of platinum rated garment factories in the world, which portrays the country’s strong footing in green production,...Fastest growing Asian economy, Bangladesh explores equitable sustainable fashion marketConsidering the major concerning issue of climate change, Bangladesh invests on ecofriendly, ethical and sustainable fashion designs – foreign investments further the wayFashion industry at...Industries minister: Payra seaport to turn Bangladesh into major regional trade hubIndustries Minister Nurul Majid Mahmud Humayun has said strategically important Payra Deep Seaport will turn Bangladesh into a major regional trade hub.The minister said China...SME Foundation limps with fund crunchShoe manufacturing hub at Bhairab in Kishoreganj is the largest of the country's 177 shoe-clusters, identified by the Small and Medium Enterprise Foundation (SMEF) that...Apparel Brands Shouldn’t Confuse ‘Nearshoring’ with Ethical ProductionA common cry we hear in global textile supply chains is that near-shoring is a more sustainable, and perhaps ethical, option for apparel brands. In...India Bangladesh coastal shipping pact may be thrown open to larger shipsStipulation on using RSVs of 6,000 GT likely to be liftedIndia is seeking to remove the size restriction on vessels plying between India and Bangladesh...B'desh minister, Tripura CM discuss trade, connectivityTripura Chief Minister Biplab Kumar Deb on Monday discussed cross border trade, improvement of connectivity and curbing of drug smuggling and illegal trade between the...India's slowdown due to uncertainty, says Nobel laureate Muhammad YunusNobel laureate Muhammad Yunus, the founder of world's pioneering microfinance network Grameen Bank in Bangladesh, says India's economic slowdown could be due to uncertainty. "When...Who’s listening?In December 2015, tea workers from Chandpur and Begum Khan Tea Estates in Habiganj protested the threatened seizure of land they were cultivating to supplement...Mercedes, BMW in talks to open assembling plants in BangladeshWorld-renowned executive car producers, BMW and Mercedes-Benz, could soon be putting the pedal to the metal by setting up an assembling plant in Bangladesh, officials...‘We should all contribute to make Bangladesh a developed, humane and democratic nation’The cover page of September 2019 edition of ICE Business Times. Photo: ibtbd.net On the 10th anniversary issue of ICE Business Times, the business monthly...The Bengali Muhammad Yunus awarded "Lamp of Peace of St. Francis"The Franciscan friars of Assisi have conferred the prize "Lamp of peace of St. Francis" on the Bengali economist and banker Muhammad Yunus.The award is...UAE investors set to inject $10 billion into Bangladesh economyA number of UAE business groups are set to invest $10 billion (Dh36.7 billion) into Bangladesh, according to data compiled by Bangladesh Economic Forum.The Forum...Bangladesh: Fruit imports are soaringAccording to Md Serajul Islam, general secretary of Bangladesh Fresh Fruits Importers Association, Bangladesh’ Domestic production of fruit is too insignificant to meet the demand....Bangladesh now the fastest growing market in Asia: German businessesThe head of a German business delegation has witnessed the “tremendous transformation” of Bangladesh, and said it is now the “fastest growing” market in Asia.Peter...Bangladesh may suspend new power plant approvalsIn May this year the Bangladesh Power Development Board halted approvals for new power plants because those already being constructed will be able to meet...BD to draw in $10b venture from UAEVarious UAE business gatherings are set to contribute $10 billion (Dh36.7 billion) into Bangladesh, as per information assembled by Bangladesh Economic Forum, which happens at...Bangladesh to sew world's largest T-shirtBangladesh is set to sew the world's largest T-shirt to break the Guinness record and mark the centenary of the International Labour Organisation (ILO). The...Bangladesh to join UN Climate Summit on Sept 23Concrete and realistic plans sought to reduce greenhouse effect by 45% over the next decade, and to net zero emissions by 2050World leaders, including a...Supply chain actors connected at GOTS Bangladesh seminarThe second regional GOTS seminar themed as 'Connecting for Success' was held in Dhaka, Bangladesh recently after the one held in November 2016. Around 330...Making the most of BRIA daylong dialogue organised by the Centre for Policy Dialogue (CPD) on September 8 brought together participants from Bangladesh and some South Asian countries, as...Time to reform the finance ministry for robust growthIt is hard to achieve a growth of around 8 percent, and it will be even harder to maintain this trend unless we reform our...Ahsan Khan Chowdhury has been selected as CIP againThe government has once again selected Ahsan Khan Chowdhury, Chairman and Chief Executive Officer (CEO) of Pran-RFL Group, as the 'Commercially Important Person' (CIP) for...Bangladesh, Bhutan, India, Nepal MVA to benefit four countriesThe Bangladesh, Bhutan, India, Nepal Motor Vehicles Agreement (BBIN MVA) would boost the economy of these countries, according to experts who attended a seminar in...Income inequality near danger mark: expertsSpeakers at an interactive seminar on Saturday unanimously admitted that the country’s income inequality was near the danger mark but differed on how to get...Huawei facilitates girls’ education in BangladeshHuawei Technologies (Bangladesh) Ltd has provided educational supplies to the children of Korail area at an event organised at the T&T Adorsho Girl’s High School...Youths urged to invest in promoting JamdaniSpeakers at a seminar on Saturday called upon young generation to be innovative entrepreneurs to promote the country’s Jamdani sarees, an intangible cultural heritage of...Bangladesh takes 5 steps ahead on list of tourist-friendly countriesA list of 140 countries has been published considering the 90 criteria for air transport, accommodation, security, culture and stable travel opportunities for touristsBangladesh has...Hong Kong fashion summit 2019: Sustainable fashion on the rise in AsiaGlobal sustainability initiative Fashion for Good appeared at the Hong Kong Fashion summit yesterday to showcase a new investment fund dedicated to driving sustainable fashion...Mergers and Acquisitions: A Possibility in BangladeshA process through which companies are bought, sold, combined or recombined is known as Mergers and Acquisitions (M&A). M&A is growing all over the world...Build unified sustainable blue economic belt: PMPrime Minister Sheikh Hasina yesterday called upon the member states of Indian Ocean Rim Association (IORA) to build a unified sustainable blue economic belt in...European fashion brands agree new deal in BangladeshEuropean fashion brands who buy readymade garments from Bangladesh agreed on Tuesday to hand over responsibility for issues like worker safety to a new body...GDP growth tops 26 countriesBangladesh recorded the highest economic growth among a list of 26 countries in the last 10 years, according to The Spectator Index.Since 2009, the country’s...40,000mt of manure lying under open sky for a yearSomewhere in the range of 40,000 metric huge amounts of three kinds of compost are held under the open sky in Khulna secured with only...Citibank NA Bangladesh recognised for digital leadershipCitibank NA Bangladesh has recently been recognised for digital leadership by Global Finance for the 12th consecutive year.The recognition comes at the publication’s Annual World’s...Inclusive Workplaces in the Garment IndustryOne billion people live with disabilities at global level. They are the world’s largest minority, with about 80% living in developing countries. Limited access to...What does the future hold for our apparel industry?Over recent weeks, as the world celebrated the achievements of Neil Armstrong and the crew of Apollo 11 50 years ago, and with Armstrong’s immortal...Fare target set at $54bThe legislature has focused on $45.50-billion profit from product sends out in monetary year (FY) 2019-20, anticipating 12.25 percent development over that of the last...Foreign company has left the countryBay Group established a joint venture with a Taiwanese company in the leather industry city of Savar. But after waiting for a long, the company...Creating blended finance architecture for catalysing impact investment in BangladeshOver the last four years, BFP-B has made three investments in Alternative Investment Vehicles (AIV). We did this to find an alternative instrument, particularly in...Foreign investment at capital market falling for 6 monthsThe net foreign investment at Dhaka Stock Exchange (DSE) remained negative for the six consecutive months till August as the foreign investors, muddled by falling...Dhaka, Tokyo sign MoC for enrolling determined gifted laborers to JapanDhaka and Tokyo on Tuesday marked a Memorandum of Cooperation (MoC) on tolerating determined gifted laborers by Japan from Bangladesh. The record was marked by the...Learn from Bangladesh and EstoniaThe current Pakistani government recently acquired loans and economic assistance from friendly states including Saudi Arabia, the UAE, Qatar, and China, as well as from...The Department of Trade and Industry explores new markets for Philippine exportsThe DTI-EMB, together with Philippine Trade and Investment Center (PTIC)-Mexico, recently organized an OBMM to Mexico and is currently setting its sights on other missions...Philippines targets more markets for its productsTHE PHILIPPINES is moving to expand the reach of its products, setting its sights on Africa, South Asia, Central Asia and Eastern Europe, the Department...Planner makes world's first adaptable 3D drawn and 3D printed menswear outfitStyle Designer Mats Beckman, an understudy at the Royal Danish Academy of Fine Arts in Copenhagen, have made the principal compostable completely style outfit on...Geo Chem: A Global Testing and Inspection Giant in BangladeshGeo Chem is an autonomous testing and assessment organization, established in 1964. Situated in Dubai, Techno Park, UAE and branches in 37 nations over the...It all comes down to planningIt is imperative that the entire country focuses on ensuring holistic growth and developmentIt is very encouraging to hear Prime Minister Sheikh Hasina speak of...China-financial ties can't be cut off: MOCBEIJING, Aug 30 (Xinhua): The interests of China and the United States have been profoundly incorporated, and the financial ties of the two nations can't...Mercosur countries keen to sign FTA with BangladeshHigher tariff up to 35% on imports from Bangladesh and conservative trade policy are key barriers the manufacturers, especially of apparel goods, face in entering...Indian Railways battles to extend lines in NortheastThe northeastern part of the country has always been a challenge to the Indian Railway. While incurring extra costs, the railways have had to deal...Dhaka, Tokyo sign MoC for recruiting skilled workers to JapanBangladesh and Japan today signed a Memorandum of Cooperation (MoC) on accepting specified skilled workers by Japan from Bangladesh.The document was signed by the Expatriates'...Bangladesh to take part in Texworld-Apparel Sourcing in ParisA total of 16 Bangladeshi apparel, fabric, leather and garment manufacturers would participate in the four-day fair in Paris from 16th – 19th September 2019 Bangladesh...SME owners should have private number: Route Mobile CEOCloud communications platform service provider Route Mobile Limited ("Route Mobile") MD and Group CEO Rajdipkumar Gupta, said that today’s business owners should go for private...Starting of a currency warThe US and China trade war has been going on for more than a year, and this war is now taking a new turn. The...Buoyant economy sending positive signals to global investorsBangladesh’s steady higher economic growth is sending strong messages to foreign investors that the country is a place to invest in and do business in...GDP growth: Illusions and fallaciesBangladesh has been experiencing incomparable growth in Gross Domestic Product (GDP) since the last decade. The latest forecast by the Asian Development Bank ranks Bangladesh...FDI in apparel, textile industriesBangladesh textile and apparel industries received $408 million in foreign direct investment (FDI) in 2018, down by $13 million from the previous year.While total FDI...NRC updation in Assam acts as deterrent to influx from BangladeshThe ongoing process of updating the National Register of Citizens (NRC) has sent a very strong message in neighbouring Bangladesh as security agencies in their...Investors Accuse BSEC Chairman of Embezzlement, Money LaunderingThe chairman of Bangladesh’s securities regulator is alleged to have approved IPOs for companies that falsified their financial statements to show higher profitability.Bangladesh’s ACC (Anti-Corruption...Pakistan garment makers chase rivals in India and BangladeshPakistan garment companies are fighting hard to break into the supply chains of some of the world's biggest fashion brands as the country races to...Bangladesh Bank heist case continuing in the US courtThe Bangladeshi Central Bank which was hacked for $81 million in February 2016, on January 31 sued in the US District Court for the Southern...