Industry people say at food processors’ fair in Dhaka Indian food processing machinery manufacturers are eying good business in Bangladesh as the latter’s agro food processing industry is thriving with each passing year. Annual sales of processed agricultural food amounts to around $2.5 billion with growth averaging 8 percent for the past 10 years as […]
Sohel Parvez……. Fresh fruits and vegetables export bounced back in fiscal 2018-19, ending four straight years of slump, thanks to higher demand and efforts to improve farming and packaging practices in order to produce and ship disease-free crops. Shipment of fresh produce, including potato, rose 31 percent year-on-year to $105.39 million in the last fiscal […]
Munima Sultana …….. Korea has shown interest to invest in 10 public-private partnership (PPP) projects in the aviation, rail and power sectors under government-to-government arrangements. However, Bangladesh sought investment in 14 projects in the rail, road, power and textile sectors at the first Bangladesh-Korea joint platform meeting held in Seoul last month. Sources said public […]
FHM Humayan Kabir ….. The government is going to build one of the biggest multipurpose terminals of the country at the Pyra Seaport with the financial support of India, officials said on Friday. They also said the Pyra Port Authority (PPA) has taken up a project at a cost of Tk 51.50 billion, where Tk […]
Putting emphasis on advancing the country’s medical science further, Prime Minister Sheikh Hasina has said her government will do whatever is necessary for the development of the field, reports BSS. “We want to do everything necessary for the development of medical science as well as education and higher education including sending teachers and other concerned […]
M Azizur Rahman ….. State-run Rupantarita Prakritik Gas Company Ltd has initiated master sales agreements (MSAs) with 17 global suppliers separately to source liquefied natural gas (LNG) from spot market. Final deals will be signed soon following the approval from the cabinet committee on economic affairs, a senior company official told the FE. He said the […]
Bangladesh wants to host a Commonwealth business conference early next year. State Minister for Foreign Affairs Md Shahriar Alam has proposed to host the ‘Commonwealth Business-to-business Connectivity’ conference in Dhaka in the first quarter of 2020, reports bdnews24.com Shahriar Alam said Bangladesh wants to host the event as the lead country within the Commonwealth for entrepreneurs […]
Planning Minister M A Mannan has recommended waiver of 5.0 per cent value added tax (VAT) on commission of indenting agents to facilitate their repatriation of foreign currency to Bangladesh. He recently sent a demy official (DO) letter to Finance Minister A H M Mustafa Kamal, requesting him to consider the issue. In the letter, […]
As countries around the world try to cut down on throw-away plastic shopping bags, Bangladesh is hoping to cash in on an alternative: plastic-like bags made from jute, the plant fibre used to produce burlap bags, says a report of the Thomson Reuters Foundation. Bangladesh is the world’s second biggest producer of jute after India, […]
Bangladesh Auto Industries will tie up with firms from US, China, India and Italy Jagaran Chakma Local automobile company Bangladesh Auto Industries Ltd (BAIL) is all set to make electric vehicles from next year with an initial investment of $200 million. The facilities, civil work and utility connection of the proposed plant on a 100-acre […]