Real-Estate & Infrastructure

M/s. Lynpers Chemical Industries Ltd., a Bangladeshi company, is going to set up a Textile Chemical industry in Ishwardi Export Processing Zone (IEPZ). They will invest $ 5.7 million to produce 9 million kg of textile auxiliary chemical like green acid, wetting and detergent, green soda, cotton levelling, polyester levelling, …

Officials were likely to face difficulties in cross-checking financial details furnished in the value added tax (VAT) returns filed by the global technology giants as the companies did not have local offices in Bangladesh. The main obstacle that the officials would face is to communicate with the representatives of the …

With the fuel price surge announced on Friday, bus fares for both city and long-distance routes see an increase ranging between 16 and 22 per cent, effective from today (Sunday). The fare fixation committee of Bangladesh Road Transport Authority (BRTA) in consultation with the stakeholders revised the bus fares upwards …

Diesel imports from Numaligarh Refinery Limited in India’s Golaghat district to an oil depot in Parbatipur upazila of Dinajpur will likely begin at the end of the year if the India-Bangladesh Friendship Pipeline is completed on time, according to project officials. Md Tipu Sultan, project director of the nearly 130-kilometre …

The increase in gas price in June and the fuel price hike on Saturday will have an immediate negative impact on transportation, essential commodities and electricity, said the Dhaka Chamber of Commerce and Industry (DCCI) today. On Saturday, the government raised the price of diesel and kerosene by 42.5 per …

The government move to increase the price of diesel by a high margin has caught many farmers off guard. A number of producers said they did not even believe that the government could hike the price of diesel, used mainly for tilling, irrigating and threshing paddy, the main food crop, …

The cost of fuels for Plummy Fashions Ltd, the world’s greenest knitwear factory located in Narayanganj, will go up by 25 per cent owing to Saturday’s more than 50 per cent hike in the price of petroleum products. The latest blow comes at a time when the factory is already …

Edible oil processors in Bangladesh have proposed the government raise the price of soybean oil by Tk 20 per litre, according to processors and officials of the Bangladesh Trade and Tariff Commission (BTTC). The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association, a forum of the refiners, submitted a proposal …

Authorities are hopeful that uninterrupted power supply across the country will be possible from October, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said today. “The measure is temporary. The Power Division thinks it will come out of the load-shedding gradually from the next month,” he said while …

Prime Minister Sheikh Hasina again proposed Nepal to use Mongla and Chattogram seaports alongside Syedpur airport for mutual benefits. “Nepal can take advantage of using our Mongla and Chittagong ports,” she said while a visiting parliamentary delegation from Nepal paid a courtesy call on the Prime Minister at her official …