Six ICDs top export, import handlers’ list for seventh year

Six out of the 19 private inland container depots (ICDs) have once again come up as the major handler of export and import cargoes in the port city.
4 January 2023

Walton to take part in mega global tech event CES 2023

Local electronics giant Walton is all set to take part in the world’s most influential tech event ‘Consumer Electronics Show (CES)-2023’ at Las Vegas in the USA from January 5 to 8.
3 January 2023

RMG labour rights body want 175% hike in monthly wage

The Bangladesh Garments Workers Unity Council (BGWUC) today demanded that the monthly minimum salary of the garment workers to be hiked by 175 per cent to Tk 22,000 from the existing Tk 8,000.
2 January 2023

Exports hit single month historic high in December

The earning from merchandise export in December grew by 9.33 per cent year-on-year to $5.37 billion, a single month historic high of Bangladesh.
2 January 2023

Ctg port container handling drops in 2022

Annual container handling at the country’s premier sea port of Chattogram decreased 2.54 per cent year-on-year in the just concluded calendar year of 2022 owing to a downward trend in foreign trade. 
2 January 2023

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
29 December 2022

India wants Bangladesh to review food import demand

India has suggested that Bangladesh review the proposed import quota on several food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.
27 December 2022

Mongla port upgrade: Tk 6,014 crore deal inked with Indian firm

Egis India Consulting Engineers Private Limited has been appointed as the consultant for a capacity building project worth Tk 6,014 crore at Mongla port, the second largest seaport in Bangladesh.
26 December 2022

50 shuttle buses to carry passengers to and from DITF

The Bangladesh Road Transport Corporation has introduced 50 shuttle buses to carry passengers between Kuril and the venue of the 27th edition of the Dhaka International Trade Fair (DITF), which will start on January 1.
26 December 2022

Two more RMG factories receive green certificates

Two more Bangladeshi garment factories have been awarded with the green garment factory certificate in gold category for their outstanding initiatives to save environment and compliances.
20 December 2022

Net forex reserves can clear four months’ import bill: CPD

Bangladesh now has the ability to clear import payments of four months if the country’s net forex reserves are taken into consideration, the Centre for Policy Dialogue (CPD) said today.
17 December 2022

Envoy Textiles gets $11.2 million ADB loan for yarn spinning unit

The Asian Development Bank (ADB) has entered into a €10.8 million ($11.2 million) loan agreement with Envoy Textiles to fund a second yarn spinning unit at Envoy’s manufacturing plant in Mymensingh’s Bhaluka.
11 December 2022

NBR awards 9 highest VAT-paying firms

The National Board of Revenue today awarded nine firms for paying the highest amounts of value-added tax in 2020-21 fiscal year.
10 December 2022

FBCCI seeks UK partnership for technology transfer

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought partnership with the UK for technology transfer and supply chain development to ensure smooth graduation of Bangladesh from the least developed country (LDC) category.
8 December 2022

Yeakin Polymer’s loss extends in FY22

Yeakin Polymer Limited suffered a loss of Tk 5.23 crore in the financial year that ended on June 30. 
8 December 2022

Tk 5,000 crore scheme launched for capital machinery purchase

Bangladesh Bank today rolled out a Tk 5,000 crore refinance scheme to help borrowers procure environment-friendly capital machinery.
7 December 2022

Leather goods export to hit $10 billion by 2030: Munshi

Leather and leather goods export from Bangladesh will rise by 10 times to $10 billion by 2030 from the existing $1 billion, Commerce Minister Tipu Munshi said today.
7 December 2022

Deadline extended for rice import at reduced tariff

The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.
7 December 2022

Srihatta economic zone starts production

Srihatta Economic Zone has become active as a door and window manufacturing company started production in the special area in Moulvibazar’s Sherpur.
5 December 2022

Foreign shipping lines facing difficulties remitting funds

Bangladesh’s trade with other countries may suffer as foreign shipping lines are facing difficulties in remitting foreign currencies from the country because of a dollar crisis, speakers said yesterday. 
20 November 2022