Business


Dhaka, Beijing announce FTA feasibility study completion

Business —10 July, 2024 16:15

Bangladesh and China on Wednesday announced seven outcmes, including that conclusion of joint feasibility study on Bangladesh-China Free Trade Agreement…

Dhaka, Beijing announce FTA feasibility study completion

Bangladesh to proceed with Nepal power trade agreement

The Bangladesh Power Development Board (BPDB) has corresponded…

Bangladesh to proceed with Nepal power trade agreement
BB introduces 'exit policy' to recover default loans

Bangladesh Bank has formulated a new 'exit policy' aimed at…

BB introduces 'exit policy' to recover default loans

EPB to coordinate with BB, NBR for accurate export data publication

EPB to coordinate with BB, NBR for accurate export data publication

The Export Promotion Bureau (EPB) has decided to overhaul its export data collection system following the revelation of significant discrepancies in reported export volumes.  The…

South Korea Samsung workers start strike

South Korea Samsung workers start strike

Workers at South Korean tech giant Samsung began a general strike Monday, the head of a union representing tens of thousands of employees told AFP, after talks with management broke down. "The strike has started from today," Son Woo-mok, head of the National Samsung Electronics Union, told AFP, adding that a major rally was scheduled later in the day.

Food inflation rises to 10.42% in June

Food inflation rises to 10.42% in June

Bangladesh's point-to-point food inflation slightly declined to 10.42 percent in June 2024, down from 10.76 percent in May 2024, according to data from the Bangladesh Bureau of Statistics…

NBR, EPB blamed for discrepancies in export data

NBR, EPB blamed for discrepancies in export data

Bangladesh Bank (BB) in an explanation of its actions erasing billions of dollars from the country's export earnings account has said the National Board of Revenue (NBR) and the Export…

BTMA urges govt to withdraw decision on reducing cash incentives

BTMA urges govt to withdraw decision on reducing cash incentives

Bangladesh Textile Mills Association (BTMA) president Mohammad Ali Khokon today urged the government to withdraw the decision of reducing cash incentives for them and thus continue…

New UK government faces tough economic challenge

New UK government faces tough economic challenge

Britain's new Labour government has pledged immediate action to grow the economy after clinching a landslide election victory to oust the Conservatives, but its task could be hampered…

New directive comes on austerity in public expenditure

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 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 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

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 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

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

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

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…