Archive / Economy - 2019
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Saudi terminal operator RSGT to invest in Bangladesh’s port sectorThe Red Sea Gateway Terminal (RSGT), a leading Saudi terminal operator, is keen to invest in Bangladesh’s port development sector.The RSGT recently signed a memorandum...Bangladesh- Amex, SIA partner to launch first SME business travel cardAmerican Express is launching a corporate travel credit card for small and medium-sized businesses in Singapore through a partnership with Singapore Airlines (SIA).American Express and...Bangladesh gets $2.5m export order from Canada showBangladesh readymade article of clothing (RMG) industry has gotten around $2.50 million fare request from the attire sourcing show, titled Apparel Textile Sourcing Canada (ATSC),...Walton joins Amazon to trade items to the USABangladeshi hardware producer brand Walton is stopping people in their tracks around as they collaborated with worldwide web based business marvels Amazon to send out...Textile sector under distressCheaper garments and yarn from countries like Bangladesh, Vietnam and Sri Lanka, excess spinning capacity and high cost of raw materials have led to an...Retail Innovation with a BasisNumerous developments have disturbed the retail business in the previous 20 years, beginning with the presentation of the Internet and online business and immediately pursued...BIDA to create 24,000 new entrepreneurs in 2yrs: chiefBangladesh Investment Development Authority (BIDA) has taken an initiative to create 24,000 new and skilled entrepreneurs within two years in line with one of the...Bangladesh pharmaceutical industry blooms biggerIn 2018, the country's domestic pharmaceutical market size stood at Tk20,511.8 crore with 15.6% compound annual growth rate (CAGR) for the last five years. Once largely...Bangladesh Leather Industry Flailing, Industrial Park Still Not Complete 16 Years OnBangladesh has seen a dramatic fall in its leather export earnings and rawhide price, and the problems have been attributed to the government's failure to...Bangladesh exports to EU riseThe Bangladesh government introduced the export ban of fresh produce to Europe over two years ago in response to EU regulators detecting pests in consignments...150 years of data proves it: Strongmen are bad for the economyAs governments around the world gravitate toward rightwing populist and authoritarian leaders, many have pointed to the 2008 global recession and the economic hardship that...Growing the local marketWhat better way to meet that goal than to expand the economy through self-sustaining local markets?It is encouraging to see that locally-produced baby diapers are...Up in downturn: While the economic slowdown is taking root, manufacturing shows a different storySample gift boxes and wicker baskets are stacked in a corner of the conference room of Candor Foods’ offices in an industrial cluster of Navi...Bangladesh govt convenes meeting to resolve crisis in raw-hide sectorCommerce Ministry of Bangladesh is holding a meeting today in the afternoon to resolve the tussle between the rawhide merchants and tanners on the issue...Bangladesh may join Madrid protocol on trademarksBangladesh is likely to join the Madrid Protocol on Trademarks to facilitate Bangladeshi businesses to protect and promote their trademarks and brands in the international...Ranchers, economy face surgeEpisode of serious foot and mouth sickness (FMD) of cows the nation over has been seriously making gigantic financial misfortune the ranchers as it is...As Garment Industry Booms, Bangladeshi Factory Worker Struggles to Get ByHer country’s booming garment industry is setting export records, but Shipa Akhter can’t afford to raise her child in the Dhaka area, where she works...South Asian Countries Overlook Regional Economic Integration at Their Own RiskFrom the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to the Regional Comprehensive Economic Partnership (RCEP), the Asia-Pacific finds itself being remade by mega-regional...'BB round soon for executing single-digit financing costs'The Bangladesh Bank will issue a round quickly requesting that the booked banks guarantee single-digit financing costs on both loaning and store. Fund Minister A H...Belt and Road Initiative: Perspective from BangladeshMajor General A N M Muniruzzaman, ndc, psc (Retd), President, BIPSS and moderator of the sessionThe Belt and Road Initiative (BRI) is a major undertaking....Credit lines stressed for maximizing export competitivenessThe entrepreneurs participating in the program called for a simplified trade licence for marginal women entrepreneurs and an earmarked fund from the recently announced 100...Bangladesh Accord Gets a Lifeline While Workers Organize Wildcat StrikesOn April 23, 2013, a local television crew shot footage of cracks in the Rana Plaza factory complex in Dhaka, Bangladesh. The building was evacuated,...Global free zones have challenges to contend withFree trade zones have become major growth enablers in emerging economies, and we have seen these concepts powering the UAE economy to a great extent....Metito wins 45-55 MW Bangladesh project with $0.07/kWh bidA group of companies led by Metito Utilities and JinkoSolar has won a bid to build a 45-55 MW grid-tied PV array in Rangunia, in...Proposed tobacco tax structure: what could be achieved?Bangladesh aspires to become a tobacco-free country by 2040. In order to achieve this goal, it is important to explore the tobacco economy of Bangladesh,...Bangladesh factory tours to highlight industry upturn A new initiative introduced by Bangladesh Apparel Exchange (BAE) will look to highlight progress made in the country’s garment manufacturing industry since the devastation of...Coppertech grabs all attention in Dhaka bourseTrading of the much-talked-about shares of Coppertech Industries began on the Dhaka Stock Exchange yesterday with a whopping 355 percent rise in its price.The last...400 Bangladesh’s garment factories barred from accepting Western ordersOnly 200 out of 1,600 garment factories in Bangladesh have met the requirements of an international accord on worker safety, and 400 factories have been...Non-compliant Coppertech’s share trading on MondayThe controversial Coppertech Industries Limited is set to make its debut in the country’s two burses on Monday, although the Dhaka Stock Exchange (DSE) earlier...Planter scripts unique tea tale along Indo-Bangla borderA Tripura planter has paved the way for growing tea on a vacant tract of land along the India-Bangladesh border, an initiative, which industry experts...Buoyant economy demands building brand image: expertsIt is high time for Bangladeshi companies to build brand image as the economy is growing fast, advertising and marketing experts said yesterday. “Bangladesh is not...Bangladesh- SJIBL opens 125th branch at Arani Bazar in RajshahiBangladesh Monitor) Dhaka: Shahjalal Islami Bank Limited (SJIBL) inaugurated its 125th branch at Arani Bazar, Bagha in Rajshahi as well as an ATM Booth on...Bangladesh needs pipeline gas with big investmentThe government has recently stopped supply of pipeline gas in the residential sector, saying that no country in the world supplies gas through pipelines and,...Bangladesh to be 2nd largest Japanese assistance recipientBangladesh is likely to be the second largest country as Japanese assistance recipient after India in the current Japanese fiscal year, starting from April, while...Bangladesh seeks more energy deals with IndonesiaHamid said in Jakarta on Wednesday."We have a number of gas fields, but [the gas] has begun to deplete, so we need huge gas supply...Bangladesh aims to leap beyond textiles with help from South KoreaThe country that helped Bangladesh catapult it to an apparel export powerhouse is now aiming to diversify the South Asian nation away from the sector...A challenging time for monetary policyBangladesh has made substantial progress in achieving price and macroeconomic stability. It has succeeded in maintaining inflation in modest single digits range, while also achieving...Global Bangladesh Market 2019Global Bangladesh report is a conceptual analysis which caters to different market segments like market scope, applications, geographical presence. Various geographies which govern the Bangladesh...A front-runner in bike industryIf you travel to the old part of Dhaka in winter, you may see colourful kites flying on top of the densely seated buildings. Even...Once termed a basket case, Bangladesh is now emergingNext year will mark the 100th birth anniversary of Bangabandhu Sheikh Mujibur Rahman, whose struggles delivered independence for Bangladesh. It provides an opportunity for us...Experts see enormous prospects in Belt and Road Initiative for Bangladesh, world as well A seminar titled "The Belt and Road Initiative (BRI) and the New International Economic Order" was held in Bangladesh with focus on strategies through which...28 firms get national productivity awardsA total of 28 industries and service-oriented organisations have received National Productivity and Quality Excellent Award-2018 for their outstanding contribution to productivity increase.National Productivity Organisation...UN trade body lauds Bangladesh’s e-trade growthThe United Nations Conference on Trade And Development (UNCTAD) on Thursday handed a report detailing Bangladesh’s e-commerce growth to Minister of Commerce Tipu Munshi The main...Bangladesh can reap benefit from US-China trade warBangladesh has to adopt latest technology in the manufacturing industry, especially in producing the apparel sector goods, and move to negotiate tariff rates to take...ADB lifts growth estimate to 8.1pcThe Asian Development Bank (ADB) has upgraded Bangladesh’s growth estimate for fiscal 2018-19 to what would be the highest in the Asia Pacific region, in...Put national interest above everythingBangladesh should give utmost priority to national interest so that the projects backed by China’s flagship Belt and Road Initiative are implemented transparently and the...Satellite, submarine cable business may open to private sectorThe government is set to open up the satellite and undersea submarine cable business to the private sector as it looks to expand the capacity...Understanding Bangladesh’s stand in global climate change battleIf human species somehow manage to survive the apocalyptic disaster of climate change, the Paris Agreement 2015 would be remembered as a remarkable achievement in...83% of fashion companies plan to reduce China sourcingRising production and sourcing costs and protectionist trade policies are fashion companies' top business challenges in 2019, according to a report from the U.S. Fashion...What graduating out of LDC status means for BangladeshIt is indeed a seminal event in the history of Bangladesh that the UN last year declared Bangladesh eligible to step up to a developing...7 entrepreneurs win Colors Platinum Business Women AwardsSeven successful women in business received 'Colors Platinum Business Women Awards 2019' at a function in a city hotel on Saturday evening.State Minister for ICT...Pharma exports soar 26pcBangladesh’s medicine exports soared 25.60 percent year-on-year to $130 million last fiscal year thanks to continuous improvement of product quality and government support.The sector has...Nepal for stronger connectivity with BangladeshActing Nepalese Ambassador to Dhaka Dhan Bahadur Oli has emphasized strengthening connectivity between the two countries on all fronts saying that there is huge potential...Farm growth propels Bangladesh’s faster economic progressInternational development agencies have projected that the country will stand out by growing at record 8% in 2019 and 2020, making it the fastest growing...ADB: Strong financial sector can be 4th driver of Bangladesh economy'If you can have a strong financial sector, it can actually become another driver to the Bangladesh economy'Bangladesh needs to be serious to get the...Stocks inch up as institutional investors keep supporting marketDhaka stocks inched up on Wednesday, adding to the previous day’s gains, as some institutional investors continued to give support to the volatile market.DSEX, the...Interdisciplinary Team Collaborates to Fight Modern SlaveryThe next time you buy a shirt that says “Made in Bangladesh” or “Made in India” on the label, try to imagine the standard of...Robust financial sector can be fourth driver of BD economy: ADBBangladesh needs to be serious to get the fourth pillar for its growing economy giving much importance to financial sector development to successfully make the...South Korea is highly keen in boosting the trade with Bangladesh and KoreaThe exchange among Bangladesh and Korea should be expanded past material and of clothing parts; Nak-far off says the Korea-Bangladesh Business Forum on Sunday, July...Meet the future of Bangladesh's sustainable design talentSustainability and Bangladesh are two words rarely uttered in the same sentence in the west. With the tragic Rana Plaza collapse that killed 1,134 people...Double-digit export growth in FY19The country’s merchandise export earnings grew by 10.55 percent year-on-year to $40.53 billion in the immediate past fiscal year riding on a high volume of...Bangladesh on track to be global leader in denim businessAn increase in the global market share of Bangladeshi denim products is prompting fabrics millers to expand their businesses to meet the growing demand.Denim fabric...Stocks crash-land, DSEX hits 30-month low as panic spreadsDhaka stocks crash-landed on Monday with key index hitting a 30-month low as panic-stricken investors continued selling shares over People’s Leasing and Financial Services (PLFS)...Bangladesh Garment Manufacturers Sign Fashion Climate CharterA trade body of export-oriented apparel makers in Bangladesh has joined the Fashion Industry Charter for Climate Action, a milestone agreement to collectively address the...Branding Bangladesh as an apparel-sourcing destinationThe ICC Cricket World Cup provided some much-valued positive public relations for our nation. Live TV broadcasts have shown the Bangladeshi team, once a minnow...Franco-Bangladeshi economic relationships keep on growing steadilyEconomic relations between Bangladesh and France are more vibrant than ever. In 2018, our bilateral trade has registered a record EUR 2.94 billion, showing an...Facebook Just Got Some Incredibly Good News, and People Are Truly Astounded By the ReactionFor most of us the idea of getting slapped with a $5 billion fine would be incredibly bad news.But the Federal Trade Commission reportedly approved...Burgeoning economy lures Korean investorsIn a heartening development, more and more South Korean companies are coming to Bangladesh with investment plans, attracted by the country’s tremendous growth momentum.“This is...Six directors of banks flout minimum shareholding requirementAs per a stock market regulator directive, every director other than an independent director of a listed company will hold a minimum of 2% shares...Bangladesh Tannery Workers Demand Environmentally Friendly IndustryBangladesh’s leather industry workers have urged the government to build an environment-friendly industry and ensure their rights.“Savar Tannery Estate should be built as modern and...Bangladesh joins UN Fashion Climate CharterThe Bangladesh Garment Manufacturers & Exporters Association (BGMEA) – the trade body of apparel manufacturers in Bangladesh – has joined the UN Climate Change’s Fashion...World Bank CEO Georgieva arriving in Bangladesh on WednesdayThe World Bank’s Chief Executive Officer Kristalina Georgieva will arrive in Dhaka on Wednesday on her maiden visit to Bangladesh.During the two-day tour, she will...Garment makers flag concern over rising imports from BangladeshA huge jump in duty-free garment imports from Bangladesh under the free trade agreement has put the domestic industry in a fix. This comes amidst...Governance system to be decentralised by 2041: PMPrime Minister Sheikh Hasina told parliament today that the country’s governance system will be decentralized by the year 2041 as the country will turn into...South Korean Prime Minister coming to BangladeshHome > Bangladesh South Korean Prime Minister coming to Bangladesh Senior Correspondent bdnews24.comPublished: 09 Jul 2019 02:45 AM BdST Updated: 09 Jul 2019 02:45 AM BdSTSouth...Structural recipe for the economyA high profile seminar held in Dhaka on Saturday and Sunday brought to the fore some of the pressing needs of the Bangladesh economy. The...India support crucial for BCIM economic corridorChina and Bangladesh have agreed to advance cooperation on the Belt and Road Initiative (BRI), but in order to reach its full potential in the...Trump’s Trade War Is Turning Out to Be a Boon for BangladeshFor the first time in 30 years, Newage Group, a Bangladesh-based garment manufacturer, is sensing an opportunity to sell in the U.S. And it has...PM: Steps taken to make capital market vibrantPrime Minister Sheikh Hasina said her government has taken various steps to ensure a vibrant capital market that will help in making Bangladesh a developed...Problems SMEs face in BangladeshSmall and medium enterprises (SMEs) are the backbone of the Bangladesh economy: they make up more than 90 percent of all businesses that provide two...An open world economy in a new era of globalisationThe 2019 Summer Davos Forum, also known as the “World Economic Forum’s 13th Annual Meeting of the New Champions,” was held during July 1-3, 2019...Stocks slump on new tax measures, GP woesDhaka stocks slumped on Sunday as investors resumed share selling amid worries over the new budgetary measures on listed companies and a hike in gas...Bangladesh’s growth stems from political stabilityIndian Prime Minister Narendra Modi, in his ten- minute interaction with the opposition delegation during his recent visit to Sri Lanka, is reported to have...Leaders key to navigate today’s ‘complex’ business worldLeadership is key to helping organisations navigate in an increasingly complex business world to drive performance, speakers said yesterday. Financial intelligence and capacity are the foremost...Dhaka, Tokyo discuss issues of mutual interestBangladesh and Japan have discussed ways to further strengthen economic relation and cooperation between the two countries.The two countries discussed the issues of mutual interest...Bangladesh Leather Industry Slump ContinuesDue to environmental pollution caused by hide processing, lack of product variety and the relocation of tanneries to the not-yet-functional Savar Tannery Complex, Bangladesh’s leather...Summer Davos brings opportunities to BangladeshBangladesh has been achieving tremendous economic growth in recent years, and is now qualified for graduating to the ranks of a middle-income country by 2021...Bangladesh's VAT rollout confuses consumers and businessesRaihan Khan, owner of a small diner selling rice and paratha flatbread dishes in Dhaka, has no idea how to deal with Bangladesh's rollout of...Why we need to enhance STEM education for rural girls in BangladeshThe garment industry transformed the Bangladesh economy and women’s lives—it increased their economic empowerment. But women are not leading the industry despite making up more...Bangladesh raises natural gas price by about 33 percentThe state-run Bangladesh Energy Regulatory Commission (BERC) on Sunday raised natural gas prices by 32.8% on average for all users effective from July 1, the...Bangladesh raises natural gas price by about 33%The state-run Bangladesh Energy Regulatory Commission (BERC) on Sunday raised natural gas prices by 32.8 per cent on average for all users effective from July...Digital disruptors: Let’s not get left behindWith a demographic dividend, fast-growing market size, a growing number of tech-savvy people, improved ICT infrastructure and rising broadband coverage across the country, Bangladesh has...Stop harassment over VAT collectionBusinesses yesterday demanded the National Board of Revenue officers stop harassing them in the name of value-added tax collection.“Very often, we are informed from different...Sugar price rises makeshift in port citySugar prices have gone up by Tk 120 per mound in the Khatunganj-Chaktai market in overnight, the hub for wholesale of commodities in Chittagong, very...Silk Fabric: Luxury FabricSilk is considered as one of the most luxurious fibres renowned across the world. Silk has a remarkable place in the human history as well,...IFC presents business case for wage digitisation in Bangladesh’s apparel sectorInternational Finance Corporation or IFC, a member of the World Bank Group, has organised an event in Dhaka to establish the business case for digital...Bangladesh asks Google, Facebook to appoint tax agentsInternet giants Google and Facebook and other non-residents providing electronic broadcast services through TV and radio in Bangladesh will have to appoint agents in the...Alhaj Textile lays off citing fall in yarn demandAlhaj Textile Mills Limited, one of the oldest cotton yarn manufacturers in Bangladesh, has stopped its production for 30 days as the company faced severe...Bangladesh top among South Asia’s favoured investment destination: UNCTADForeign Direct Investment (FDI) in Bangladesh rose by 68 per cent to $3,613.3 million in 2018 from $2151.6 million in the previous year, according to...China says US-China trade teams in contact ahead of G20China says its trade negotiators are talking to their U.S. counterparts on how to resolve disputes ahead of an expected meeting between their two heads...Shareholders may consider sale of Robi, says CEOThe government’s move to raise the mobile operators’ turnover tax to 2 percent from 0.75 percent from the new fiscal year will drive the smaller...‘Creation of new entrepreneurs must for sustainable economy’Proper utilisation of the proposed fund of Tk 100 crore in the budget for fiscal 2019-2020 is necessary for creation of new entrepreneurs for sustainability...Stocks snap 3-week gains after budgetDhaka stocks plunged in the past week, after a three-week gaining spell, as investors went for selling shares following the government’s budget proposal to slap...Ailing MF sector needs reform, BSEC reluctantThe Bangladesh Securities and Exchange Commission is reluctant to reform the mutual fund sector despite criticisms for its lack of efforts in the area from...Bangladesh, China plan to strengthen bilateral tiesBangladesh and China have planned to take their 'strategic partnership' to a new height when Prime Minister Sheikh Hasina visits the country next month.Beijing has...Advance tax on imports to raise cost of businessThe introduction of 5 percent advance tax (AT) on imports from next fiscal year will push up operational costs of businesses, particularly for domestic market-oriented...Anti-dumping duty imposed on jute sacking cloths from BangladeshIndia has imposed anti-dumping duty on the import of jute sacking cloths from Bangladesh which will have a positive impact on West Bengal's ailing jute...Australia should pursue opportunities in a booming BangladeshBangladesh is in the process of transforming itself from the global poster-child of poverty into a middle-income country with one of the strongest economies in...Stocks rise riding on insurance sectorDhaka stocks rose for a second consecutive day yesterday riding on the government’s plan to increase penetration of the insurance sector through some positive measures.With...Importance of Budget Planning and ControllingBeing one of the renowned super shops in Dhaka’s one of the most elite areas, it is very important for Businesses to control their cost...Stocks rise after 2-day plunge on tax proposal review hopeDhaka stocks gained marginally on Tuesday after a plunge in the previous two sessions as investors went for buying shares with an expectation that the...Budget affects telecom sector, says AMTOBIn the proposed budget, supplementary duty on talk time and data use have been increased from 5% to 10%Mobile phone operators have urged the government...Tuna: Best fish to eat'Tuna' is quite a well known fish in many parts of the world. The innocuous name might trick you into thinking it is a tiny...To Reach its Economic Dreams, Bangladesh Needs to Rethink HealthcareThis is a guest post by Sylvana Q. Sinha, the founder and chief executive officer of Praava Health, which is raising the bar for healthcare...Initiative to build battery powered cars in the countryEco-friendly lithium-ion battery powered two wheeler, three wheeler and four wheeler (Sedan, Jeep, Mini truck and Microbus) cars will be built in the country.For this...Huawei prepares for 40%-60% fall in international smartphone shipmentsHuawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported.The Chinese technology company is looking at options...Stocks slump on proposed tax on reserveDhaka stocks slumped on Sunday as investors becoming muddled following the government’s proposal to impose 15 per cent tax on the listed companies’ reserve and...Budget ‘lacks measures’ to address macroeconomic imbalance'Widespread imbalances in revenue, financial and external sectors, and disproportionate burden on the income and welfare of the common people are creating challenges and sloppy...Manage deficit financing from other sources rather than banking channelThe Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the government to manage fund from other sources rather than banking channel to...Long on promises, short on specificsAll eyes were on fever-stricken Finance Minister AHM Mustafa Kamal as he stepped into parliament to unveil his maiden national budget yesterday. He had to retire...Gold price is increasingThe price of gold has increased day after the announcement of the proposed budget for the 2019-20 fiscal year.The gold trader's association, Bangladesh Jewellery Samity...Extra tax on stock dividendTax-free dividend income raised to Tk 50,000 from Tk 25,000;15% additional tax imposed on retained earnings over 50% of paid-up capitalThe budget 2019-20 recommended imposing...The Update on the FY20 Budget Stated by Finance MinisterThe last Thursday; 6th June 2019, different important announcement about Bangladesh’s financial planning were stated. Some of the most important factors stated in the parliament...FBCCI keen to invest in AfricaThe Federation of Bangladesh Chambers of Commerce and Industries on Wednesday expressed its keen interest to develop trade relations with and enhance Bangladeshi investment in...BSTI revoked and suspendedthe license of 29 productsQuality regulatory agency, Bangladesh Standard and Testing Institution (BSTI)has revoked and suspended the license of 29 products for finding low quality in the sample examination.License...Economy under stress: CPDBangladesh’s economy is now under stress for the first time in the last 10 years, the Centre for Policy Dialogue (CPD) said today.The independent thinktank...‘Made in Bangladesh’ to overtake the ‘Made in China"’Chinese companies have shifted production to Bangladesh because of low wages, low import and export duties, almost no insurance coverage for employees, and no unions.Such...Dhaka stocks rise for 7th day on budget hopesDhaka stocks advanced for the seventh session on Monday with a rise in the investors’ participation amid hopes of budgetary measures friendly to the capital...https://www.thepeninsulaqatar.com/article/09/06/2019/BFQ-to-organise-%E2%80%98Partners-of-Bangladesh%E2%80%99-awards-in-DohaBangladesh Forum Qatar (BFQ) will organise a Corporate Award Night to recognise local Qatari entrepreneurs and business organisations as “Partners of Bangladesh” in Doha as...SMEs for reducing of import duties in next fiscalSmall and medium entrepreneurs (SMEs) have emphasised for reducing of import duties and call for an SME-friendly budget for the next fiscal year. The SME foundation...Industries minister emphasizes improving product, services qualityAddressing a seminar titled "Accreditation: Adding Value to Supply Chain," he also stressed how accreditation could play an active role to this end Industries Minister Nurul...What do cashews look like, what are they and how do they growCashew nuts are no longer an alien food to most of us. We know how it looks (like the English word 'C'), how it tastes...China RMG factories may shift to BangladeshSome Chinese garment makers want to set up factories under joint venture in Bangladesh as they see the country as a competitive destination to relocate...Stocks gain for second week on budget hopesDhaka stocks advanced in the past week after a marginal gain in the previous week as a section of investors kept buying shares amid budget-centric...Ircon eyes railway projects in Malaysia, Bangladeshtate-owned Ircon InternationalNSE -1.19 % is looking to expand its footprint in Malaysia and Bangladesh and eyeing a revenue growth of 30%, its chairman, SK...Chia – a healthy food and an excellent source of omega-3 fatty acidChia seeds have become increasingly popular as a healthy food in the last few years. One might ask, what exactly are chia seeds? Where do...Paddy’s Price has been raised to 1200 Bangladeshi Taka for each MaundBangladesh’s communist party has requested the government to make their purchase from the farmers in a direct manner on 25th May 2019. “The farmers of our...BIDA launches ‘game-changing’ training to create entrepreneursThe Bangladesh Investment Development Authority, or BIDA, has begun training 64 trainers from as many districts to create entrepreneurs.“This’ll be a game-changer training,” Kazi M...PM to Japanese investors: Explore potential of new sectors in BangladeshPrime Minister Sheikh Hasina on Wednesday called upon the Japanese business community to explore newer areas for investment in export-oriented sectors of Bangladesh to unlock...Bangladesh garment exports, a challengeThe Indian Texpreneurs Federation (ITF) has appealed to textile brands and retailers to focus on local sourcing to support domestic manufacturers, as this would create...Loan rescheduling rises by 21.39%Loan rescheduling by banks rose by 21.39% to Tk23,210 crore in 2018, compared to the previous year, according to the Financial Stability Report-2018. The banks had...ComBank slashes rates for ‘Biz Loans’ to encourage SME SectorCommercial Bank of Ceylon has announced a reduction of interest rates relating to its ‘Biz Loans’ with a view to further supporting the small and...Japan was always close to my heart: PMPrime minister Sheikh Hasina has shared her fascination with Japan since childhood ahead of her official visit to East Asian country, and said this came...The Japan-Bangladesh partnership for developmentThe phenomenal socio-economic development of Bangladesh over the last decade is cited as a development miracle by the global community. Our people-centric development model based...Stocks perform mixed on higher transactionsStocks today performed mixed with slightly upward trend of major price indices at Dhaka and Chittagong stock exchanges on higher transactions.The daily trade value increased...Huawei CEO says China shouldn't punish AppleRen Zhengfei, the CEO and founder of embattled Chinese tech company Huawei, is defending US rival Apple.Asked in an interview with Bloomberg about calls in...Deal signed for exclusive economic zone for Japanese investorsAccording to the agreement, the Sumitomo Corporation will have 76% stake while the remaining 24% will be held by Beza Bangladesh Economic Zones Authority (Beza) has...Coppertech lists on CSE before clearance of allegationsCoppertech Industries Limited has been listed on Chittagong Stock Exchange although Dhaka Stock Exchange has declined to make any decision without consent of the Bangladesh...Bangladesh has highest number of green garment factoriesTen more garment factories received the top billing from the United States Green Building Council (USGBC) to take the total to 24, the highest in...Matcha Tea: Wonder drink for everyoneMatcha is a kind of Japanese green tea. Matcha tea comes from the same plant that originates all green, white, and black teas: the camellia...