Business
Chinese company to invest $21.85m in BEPZA EZ
Business —3 July, 2024 17:13
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.…
Maiden Int'l Jewellery Machinery Expo begins in Dhaka Thursday
An international exhibition of jewellery machinery will begin…
LPG price hiked for July
Price of liquefied petroleum gas (LPG) has increased by Tk 0.31…
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…
Businesses worried about export incentive cut
The government's decision to cut export incentives in the current fiscal year in almost all sectors has garnered mixed reaction from business leaders. The government defends the move…
AIIB to provide $400m to Bangladesh as budget support
The Asian Infrastructure Investment Bank (AIIB) will provide $400 million to Bangladesh as budget support for implementing the 'Climate Resilient Inclusive Development Program- Subprogram1'. In…
Diesel, kerosene prices fall by Tk1 per litre
The government has cut the prices of diesel and kerosene by Tk1 per litre for the month of July in line with the automated price formula. Each litre of diesel and kerosene will be…
Biman to add 32 aircraft to its fleet in 10yrs: new CEO
Biman Bangladesh Airlines has a plan to expand its fleet to 47 aircraft by 2034, adding 32 new planes to enhance itscompetitiveness in the regional aviation market, the carrier's…
Parliament passes Tk 7.97 trillion budget for FY25
The Jatiya Sangsad (JS) on Sunday passed the Tk 7,97,000 crore national budget for FY25 with a prime focus on maintaining economic stability and augmenting steps to materialise the…
Boat-shaped wooden houses made in Bagerhat to be exported to Belgium
In a boost to local exports, wooden houses crafted in a remote village of Bagerhat will be shipped to Belgium, creating new avenues for foreign currency earnings and generating employment…
India-Bangladesh customs meeting held in Shillong
India and Bangladesh held the 7th Commissioner level Joint Group of Customs meeting in Shillong on June 27-28. The meeting was held to foster cooperation, enhance efficiency and advance…
EquityBD projects another Padma Bridge with 2% of black money
EquityBD, a think tank, on Saturday said that another Padma Bridge can be financed if black money and capital flight is reduced by 2 percent in the country. But instead of taking effective…