Handa to invest $250m in Bangladesh, create 25,000 jobs

Handa Industries Co, a Hong Kong-based textile and apparel chain, has announced it will invest 250 million USD in Bangladesh.Handa Industries Co, Chairman Han Chun announced the plan as he met Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna on Tuesday.Handa had initially planned to invest 150 million USD in Bangladesh’s textile sector and signed a memorandum of understanding with Bangladesh authorities during the Bangladesh Investment Summit in April 2025.Following further assessments and with strong support from Bangladesh authorities, Handa has since increased its investment plan to approximately USD 250 million.The company has now decided to set up three factories in Bangladesh—two garment processing and one knitting and dyeing unit, which are expected to create 25,000 jobs.“We decided to increase our investment as we got confidence after talks with the officials of government agencies, including BIDA (Bangladesh Investment Development Author...

Govt okays deal with Saudi firm to import urea under G2G arrangement

The government on Tuesday approved a proposal in principle for signing agreement between Bangladesh Chemical Industries Corporation (BCIC) and SABIC Agri-nutrients Company, Saudi Arabia for importing urea fertiliser under G2G arrangement  the current fiscal year (FY26). The approval came from the 23rd meeting of the Advisers Council Committee on Economic Affairs held on Tuesday at the Cabinet Division Conference Room at the Secretariat.Finance Adviser Dr Salehuddin Ahmed chaired the me...

Govt rejects Army bid for Jalil Textile land at token price

The government has turned down a proposal of the Bangladesh Army to hand over 54.99 acres of land of closed Jalil Textile Mills for expanding Bangladesh Ordnance Factory at a token price.“We will hand over the land...

Barishal sit-in seeks healthcare reforms, end to irregularities

UNB, Barishal: A group of people staged a sit-in in front of Ashwini Kumar Hall on Tuesday, demanding nationwide healthcare reforms and an end to irregularities at Sher-e-Bangla Medical College Hospital.The protestors, led by Mohiuddin Ronny, who is well-known for his bold stance against mismanagement and irregularities in the Bangladesh Railways, began the programme around 11 am and continued till 12pm.Ronny announced a three-point demand, calling for infrastructural development and skilled manpower recruitment in all government hospitals, modern equipment and medicine supply and ensure quality treatment for all.He also urged the Health Ministry to curb corruption through enhanced administrative capacity, ban partisan politics among doctors, implement digital automation and form a transpa...

EC to publish draft voter list on August 10

BPL set for major commercial overhaul

The Bangladesh Premier League (BPL) is poised for a significant commercial transformation, as five prominent firms, including several with experience in top-tier T20 leagues like the IPL and PSL, have submitted proposals to handle the tournament's marketing, branding, and commercial strategy. This move marks a pivotal shift for the Bangladesh Cricket Board (BCB), which traditionally managed the BPL's entire operations internally.A BCB official, speaking anonymously, confirmed the development, stating, "Among the five firms, one is local, and the rest are international. They possess experience working in world-class leagues."Earlier this month, the BCB had invited Expressions of Interest (EOI) from companies keen to provide strategic marketing, branding, and commercial consultancy services for the BPL. The deadline for proposal submissions was July 26, with five companies responding to the call.This initiative represents the first time the BCB intends to outsource the BPL's strategic and commercial responsibilities to an external entity. BCB officials believe this will significantly enhance the BPL's commercial value and help establish it as an international brand. As one official put it, "We want the BPL to evolve from merely a domestic event into an international-standard brand."Globally, T20 leagues have transcended mere sporting events, becoming powerful platforms for commercial investment, global broadcasting, and international branding. In line with this trend, the BCB is keen to elevate the BPL's stature through improved managem...

Every life lost to drowning is one too many

It is utterly heart-breaking that over 14,000 children drown by falling into water each year in Bangladesh alone.We are deeply shocked and saddened by the tragic deaths of children by drowning across ...

Too deep for Tears

The entire nation is in profound shock and grief following the devastating crash of a Bangladesh Air Force training aircraft in Dhaka’s Uttara area on Monday afternoon. The aircraft crashed into the Milestone School and College campus, claiming...

KFC's 'Eidi for Angels' Spreads Eid Joy to Underprivileged Kids

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