Business
EPB to coordinate with BB, NBR for accurate export data publication
Business —8 July, 2024 21:18
The Export Promotion Bureau (EPB) has decided to overhaul its export data collection system following the revelation of significant discrepancies in reported…
BTMA urges govt to withdraw decision on reducing cash incentives
Bangladesh Textile Mills Association (BTMA) president Mohammad…
New UK government faces tough economic challenge
Britain's new Labour government has pledged immediate action…
New directive comes on austerity in public expenditure
The government on Thursday directed all the ministries, divisions, subordinate departments, directorates, offices, autonomous bodies, public sector corporations and state-owned companies…
Grameenphone to face maximum Tk3 billion penalties for call drops
Grameenphone, a joint venture of Telenor and Grameen Telecom of Dr Muhammad Yunus, is likely to face fine of maximum Tk3 billion if the mobile network operator fails to address the…
Chinese company to invest $21.85m in BEPZA EZ
Chinese company Unicorn Handbag Limited is going to invest $21.85 million to set up a carry bag and luggage manufacturing industry in BEPZA Economic Zone. Bangladesh Export Processing…
Govt to procure one cargo LNG from American firm
The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved separate proposals for procuring one cargo LNG from American company, Excelerate Energy and 70,000 metric…
American Chamber for promoting digital payments
American Chamber of Commerce in Bangladesh (AmCham) has urged the government for promoting digital payments from policy level to realize Smart Bangladesh vision. “We strongly…
Benapole Custom House surpasses revenue target by Tk 216cr
Despite dollar shortage, preventing traders from opening letters of credit (LC) as needed, the Benapole CustomHouse exceeded its revenue target for the 2023-24 fiscal year by Tk 216…
Maiden Int'l Jewellery Machinery Expo begins in Dhaka Thursday
An international exhibition of jewellery machinery will begin in Dhaka on Thursday to promote technology integration in traditional jewellery to make the country's gold industry an…
LPG price hiked for July
Price of liquefied petroleum gas (LPG) has increased by Tk 0.31 per kg to Tk 113.86 from the previous price of Tk 113.55 for of July. Bangladesh Energy Regulatory Commission…
Sri Lanka to save $5bn from bilateral debt deal
Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president…
China Southern Airlines to launch Dhaka-Beijing direct flight from July 15
To meet the increasing demand for visits between the two countries, China Southern Airlines will inaugurate a direct flight route from Beijing Daxing International Airport to Dhaka…
Krishi Bank officials embezzle Tk 8.5 million
Bangladesh Krishi Bank’s officials have been sentenced jail for a Tk 8.5 million money embezzlement case in Fultola of Khulna district on Monday. The judgment was handed down…
Chinese entrepreneurs to invest in economic zones
A Chinese delegation from the Quanzhou Maritime Silk Road Industry and Commerce Association expressed their interest in investing in EPZs and the BEPZA Economic Zone (BEPZA EZ). The…
Bangladesh fetches $24 billion remittance in last fiscal
Bangladesh has received $23.915 billion in remittances for the fiscal year 2023-24, ending on June 30, marking the second highest remittance inflow in a fiscal year to date. Md…
Protest against quota system in Dhaka, Jahangirnagar
Students from Dhaka University (DU) and Jahangirnagar University (JU) held protests on Monday against the reinstatement of the quota system in government jobs. At DU, a procession…