Bonded warehouse facility to be introduced for 10 more sectors

Currently, the volume of the EDF is $6 billion and the interest rate on EDF loans is 4.5%

The lobbying will start from next month

The planned comprehensive economic partnership agreement (Cepa) could be a game-changer for both India and Bangladesh in terms of trade, said Indian High Commissioner Pranay Verma yesterday.

Re/DRESS, a fashion brand using nearly 100 per cent recycled cotton or polyester textiles in Bangladesh, has launched its products in Dhaka.

The country would be able to save $500 million a year in imports if all the cotton waste is recycled domestically

Bangladesh Bank cleared $1.05 billion ACU payment on March 6

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) today urged the government to cut the tax deducted at source and continue the existing corporate tax rate for another five years.

The Bangladesh Textile Mills Association (BTMA) today sought the scope to import all types of fibres, including recycled and manmade, in the upcoming fiscal year of 2023-24 without paying any duty and other taxes and any non-tariff barriers.

Apparel exporters today sought a host of tax benefits, including bringing down the tax deducted at source and withdrawing income tax levied on cash incentives in the upcoming fiscal year, in a bid to help the garment industry deal with the current economic stress.

The step may increase the supply of the US dollar in the forex market

The company’s profit fell by 97.1% year-on-year in the last Oct-Dec quarter

NHT Fashions Ltd, a concern of Pacific Jeans Group, has been honoured with Platinum LEED certificate, an upgrade from the previous Gold certificate

Some 645 companies from 27 countries are taking part in this year’s show

The cement manufacturer’s profit rose 14% year-on-year to Tk 445 crore in 2022

Exports fetched $4.63 billion in February, up 7.81 per cent year-on-year, according to the Export Promotion Bureau.

Commercial banks raised the exchange rate as part of efforts to establish a single exchange rate

Chowdhury believes this has been the story behind success in the recent years for LafargeHolcim Bangladesh

The group now has the highest cargo carrying capacity in the country, 12.2 lakh tonnes

Ambassadors say at “Ambassadors Night” on the sidelines of BASIS SoftExpo 2023