Business

BGMEA for bolstering cooperation to realize trade potential with South Korea

BGMEA President Faruque Hassan has stressed on the need for intensifying cooperation and collaboration to realize trade potential between Bangladesh and South Korea.Huge opportunities lie ahead for Bangladesh and South Korea that could be seized through deepening cooperation in trade and investment,...

Business

Nat’l taskforce can be formed for plastic sector development

For a sustainable development of plastic sector after post-LDC era, speakers at a webinar on Saturday urged for easing duty structure on importing of plastic raw materials, modernization of respective policies, encouraging uses of bio-plastic, signing FTA or PTA with potential countries, increasing ...

Business

BGMEA seeks media support for promoting ‘Made in Bangladesh’ brand

BGMEA President Faruque Hassan has sought cooperation and support the media to change the narrative of Bangladesh’s garment industry which has a lot of achievements and positive stories to tell the world. “It goes without saying how important the contribution of journalists to the d...

Business

FBCCI seeks Mexican investment in industrial research

To create better opportunities and bring the business community of Bangladesh and Mexico in a single platform, a Virtual Business Platform of Mexico – Bangladesh has been launched on Monday night through a webinar organized by Mexican Business Council for Foreign Trade, Investment and Technolo...

Business

Sri Lanka seeks investment from Bangladesh in agriculture, tourism

Sri Lanka is keen to attract investment from Bangladeshi entrepreneurs in tourism and agriculture. Sri lankan High Commissioner Professor Sudharshan Seneviratne expressed the interest in a courtesy call on the FBCCI president Md. Jashim Uddin on Sunday.Speaking at the meeting at the FBCCI office, th...

Business

Aggressiveness of businessmen is positive sign for economy: Mannan

Planning Minister M A Mannan on Thursday said that the aggressiveness of the businessmen is appreciable and positive sign for the economy. He urged all the government agencies to play their respective roles in a friendly manner while providing services. He was addressing a live pre-budget ...

Business

Experts for increasing production, innovation in agriculture sector for further growth

Speakers at a webinar on Wednesday stressed Increasing the production in agricultural sector, distribution, and adoption of stress-tolerant seed varieties. The said promoting high-yielding seed varieties, which boost agricultural output also worked well during pandemic for which local economy needs ...

Business

‘IBBL brought home one-third of remittance last 39 years’

Islami Bank Bangladesh Limited, the first Shariah-based bank in South and Southeast Asia has stepped into 40 years with highest deposit and investment portfolio of the country. This bank mobilizes one-third of the country's foreign remittance. Over the last 39 years, IBBL has been the large...

Business

Financial interoperability necessary for dynamic economy: Dr Atiur

Former Governor of the central bank Dr Atiur Rahman said that ‘financial interoperability’ is necessary for maximizing the benefits of financial inclusion.“This will infuse dynamism in the economy and growth will be further strengthened,” he said.DrAtiur also noted that due t...

Business

Private sector dev is Bangladesh’s growth driver: Rushanara Ali

UK Prime Minister’s Trade Envoy Rushanara Ali, MP on Tuesday said Bangladesh has done a tremendous success in the socio-economic sector. For the continuation of this progress she said the public and private sectors’ coordination is much needed. Mentioning that the private sector dev...

Business

Turkey to collaborate with Bangladesh in ICT sector

Turkey is interested to collaborate with Bangladesh for the development of Bangladesh’s Information and Comm­uni­zcations Technology (ICT) sector. It was mentioned at a meeting between  Mustafa Osman Turan, Turkish Ambassador to Bangladesh and Russell T. Ahmed, President of B...

Business

‘Rwanda’s infrastructure sector promising for Bangladeshi investors’

Bangladeshi investors have a good prospect in the growing infrastructure sector of Africa’s one of the promising countries Rwanda, said Arman Haque, Senior Vice President of DCCI.Haque requested Rwanda’s importers to import steel, cement, eco-friendly brick, PVC pipe, electrical cable an...

Business

Grameenphone reaffirms accelerated digitalization

Grameenphone has completed 25 meaningful years, playing an imperative role in the development of Bangladesh through its contributions as the digital connectivity partner. While Bangladesh is celebrating 51 years of Independence, Grameenphone is also celebrating its journey of 25 years of empowe...

Business

Bangladesh’s trade with Columbia to increase to $100m by 2025

The Ambassador of Colombia to India (accredited to Bangladesh) Mariana Pacheco-Montes has shown interest to work together with the MCCI to increase the volume of Bangladesh Columbia bi-lateral trade to $100 million by 2025, which was standing at around $36 million.The Ambassador made this gesture wh...

Business

Construction will see remarkable growth in next few years

Planning Minister MA Mannan on Tuesday said, with the increasing demand for infrastructure in Bangladesh, it is expected that the construction and other related industries will witness remarkable growth over the coming few years. Minister was addressing the inauguration of the Construction Chem...

Business

A big cheer for jewellers

The three-day Bangladesh Jewellery Expo-2022, the first of its kind in Bangladesh organised by Bangladesh Jewellers Association (BAJUS), concluded at the International Convention City Bashundhara (ICCB) in the capital on Saturday boosting the confidence of traders and broadening smile on the faces o...

Business

Bangabandhu’s vision was to end economic inequality

Bangabandhu Sheikh Mujibur Rahman applied his accounting knowledge to eliminate economic inequality and the welfare of people of the country. According to Bangabandhu, the essence of accounting was the desire to spend for the welfare of the poor by preventing misuse or wastage of state funds and its...

Business

Early BAIRA election demanded to ensure transparency

Top leaders demanded BAIRA election to ensure transparency and accountability in exporting manpower to Malaysia. They claimed the syndicate members plan to loot over Tk 20 thousand crore this year from the job seekers to Malaysia Top leaders and members of Sammilito Somonnoy Front of Bangladesh...

Business

Bangladesh-Korea to accelerate bi-lateral trade, investment: Tipu

Commerce Minister Tipu Munshi on Sunday felt need to have a trade agreement between Bangladesh and Korea for further accelerating the bi-lateral trade and investment. "That's why the possibilities of a free trade agreement can be examined. Bangladesh is interested to increase the trade...

Business

Withdraw VAT on edible oil: FBCCI

The FBCCI urged the government to withdraw VAT on the import of edible oil for next three months to bring stability in the Edible Oil market.The FBCCI President Md. Jashim Uddin made the call at the meeting with the importers, millers, refiners, wholesalers and leaders of different market committees...