Dhaka May 14, 2025, 8:10 am
The company now must secure approval from its domestic and foreign shareholders
'Knowledge transfer for market-driven technologies with D-8 countries is needed'
A licensee agreement was signed between Bangladesh’s Express Leather Products Limited that also sells Italian brand Lotto, and Lee Cooper in Dhaka on Monday
Bangladesh's major exportables to the USA include apparel, footwear, pharmaceuticals, plastic, leather, ceramic, tobacco and textile fibre
BGMEA President Dr. Rubana Huq in the letter sought writing off the debt worth Tk 2.38 billion, all interest, and cost of fund charges for the 133 sick RMG factories, taking them into special consideration
The apex trade body chief sought the support at a meeting at the FBCCI between the Ambassador of UAE to Bangladesh Saed Mohammed Almheiri and the FBCCI leaders on Saturday
The exchange rate of the local currency against the US dollar has maintained a stronger level over the past few years whereas the currencies of competitor countries have been devalued significantly
Though profitable until now, the Bangladesh Steel and Engineering Corporation might see the reversal of its fortune in the next two to three years if the units under its control continue to lose business
Microsoft has won the Pentagon’s $10bn (£7.8bn) cloud computing contract, beating Amazon, which was seen as the favourite to build the system
The Dhaka-New York direct flight needs to be reopened for making the business opportunity maximum between the two countries
Boeing offered Biman Bangladesh Airlines to purchase the two aircraft to avert some losses
Ad Valorem and multilayer system boosts companies’ earnings, but the taxes remain the same
Only 3,998.20 tonnes of jute goods were exported to India this year as against 8,985 tonnes in the previous year
Bangladesh’s impressive growth and development in different sectors, including education, ICT, tourism, industry and infrastructure is iconic to others
Of the total, $150 million will be sought from the Green Climate Fund (GCF) and the rest $100 million will be co-financed by the financial institutions including banks
Bangladesh rose to 168th in the global ease of doing business rankings this year from 176th in the previous year.
Fertilisers, grains and cement businesses expanded in Noapara in the early 1990s due to good communication system on roads, railways and rivers
Many businesses attributed the downtrend in exports to high depreciation of Turkish lira against US dollars and the weak Turkish economy
Dr. Momen referred to the already successful French investments and invited French business delegations to visit Bangladesh to assess the opportunities that Bangladesh offers to investors
The consumers are purchasing less amid fears of possible recession in the EU countries and due to Brexit, the trade tension between China and US and recent declining price trend of raw materials, especially cotton and yarn