Bangladesh to buy 300 buses from India Star Business Report Bangladesh will buy 300 double-decker buses from Indian motor vehicle maker Ashok Leyland under a line of credit (LoC) from New Delhi. The cabinet committee on purchase yesterday approved a proposal for the purchase amounting to around Tk 239 crore, equivalent to $29 million. A […]
Bangladesh remains the second biggest apparel exporter Refayet Ullah Mirdha Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5 percent share of the market, according to data from the World Trade Organisation (WTO). In 2017, Bangladesh exported garment items worth $29 billion, the data […]
Research students decreasing at RU RU Correspondent RAJSHAHI, Aug 04: The number of research students and fellows has been decreasing as the administration made the condition difficult for admission at the Rajshahi University (RU) campus recently. Although, the number of research students and fellows admitted was double earlier. Many of them are not able to […]
BRRI chief for expanding commercial rice production BMDA brings 0.89m hectares of land under irrigation RANGPUR, Aug 04 (BSS): Director General of the Bangladesh Rice Research Institute (BRRI) Md Shahjahan Kabir said the government is working relentlessly for the development of the country’s agriculture sector. “The BRRI scientists are always with the farmers for making […]
Most MNCs register increased EPS in H1 FE Report The earnings of most of the multinational companies (MNCs) listed with the country’s capital market increased during the first half (H1) of this year as compared to the same period of previous year. According to the un-audited financial statements for January-June 2018, the consolidated earnings per […]
Inks Tk 936m deal with BREB FE Report BBS Cables topped the turnover chart of the Dhaka Stock Exchange (DSE) on Wednesday following investors’ increased participation. On the day, the premier bourse featured a turnover of above Tk 9.54 billion. Of the total turnover, 28.2 per cent came from aggregate turnover featured by top 10 […]
Thrust on formation of powerful RMG body Our Correspondent CHATTOGRAM, July 25: Experts at a seminar on apparel industry said Bangladesh government should promote establishment of environment-friendly apparel factories by ensuring 9.0 per cent interest on loans. They said the loans will be disbursed to entrepreneurs who intend to establish green factories, raise local textile […]
Frame separate policy for SMEs: FBCCI FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called on the government to formulate a separate policy for the small and medium-sized enterprises (SMEs). It strongly suggested bringing down the interest rate on loans for the SMEs to a single digit for their development. […]
BD eyes global halal meat market Talha Bin Habib With the global halal economy booming, public and private-sector stakeholders have made a move to increase halal meat exports abroad, according to sector insiders. The fisheries and livestock ministry has already urged Brazil to invest in halal meat products in Bangladesh for export to different global […]
Chinese giant Tiens to expand business in Bangladesh Tiens Group, a Chinese conglomerate, has chosen Bangladesh as the first country to implement its flagship business project ‘One body-Multiple wings’. Under a major investment move, the company will set up a manufacturing base of healthcare products. It will also establish an e-commerce platform and an R&D […]