Real-Estate & Infrastructure

Serbian Foreign Affairs Minister Nikola Selakovic has expressed his country’s interest in investing in the food storage industry of Bangladesh. The visiting minister expressed his interest during a courtesy call on FBCCI senior vice-president Mostofa Azad Chowdhury Babu on Thursday. Selakovic said his country’s storage companies are one of the …

South Korean company HKD Bangladesh is going to establish an industry in Bepza Economic Zone to manufacture a range of camping equipment, from tents and sleeping bags to nuts and steel wires. The company will invest $35.03 million to set up the facility where 6,650 Bangladeshis will get employment opportunities, …

The government should properly manage subsidies in the energy sector as taxpayer-backed spending is set to surge owning to higher commodity prices in the global market, according to the Metropolitan Chamber of Commerce and Industry (MCCI). “Skilful management of the high subsidies on electricity, gas and fertiliser prices is necessary …

Earnings of Bangladesh Shipping Corporation (BSC) rose 183 per cent year-on-year in the January-March quarter of the current financial year on the back of a significant increase in fares in the shipping sector internationally. The state-run organisation reported earnings per share (EPS) of Tk 3.31 for the quarter, which was …

Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) has demanded the government does not raise the tariff of power and gas saying that any rise such utilities would be a suicidal one. The leaders of the highest business body made the demand while addressing a press conference at its …

The securities regulator has taken another initiative to increase liquidity flow in the capital market by enhancing the stipulated investment ceiling, set for availing IPO (initial public offering) quota, by eligible investors (EIs). The Bangladesh Securities and Exchange Commission (BSEC) has extended the EIs’ investment limit in a meeting at …

The Consumers Association of Bangladesh on Monday demanded that the government establish a Consumer Rights Division to protect the rights of consumers. CAB leaders made the demand at a webinar organised by the association. They said that the Directorate of National Consumer Rights Protection was not capable enough to protect …

When the country’s economic situation as a result of the global economic crisis caused by the Russia-Ukraine war became the talk of the town, a parliamentary body in its meeting yesterday (May 23, 2022) stayed silent on the topic. The parliamentary standing committee on finance ministry met after five months …

National Board of Revenue today slapped up to 20 percent regulatory duty on around 135 products as part of the government’s broader objectives to discourage imports and contain volatility in the foreign exchange market. The items include cosmetics, flowers, fruits and furniture, according to a regulatory order issued today. “We …

Natural calamities, including the recent flash floods in haor areas caused by heavy rain amid cyclone Ashani, have damaged the production of 78,987 tonnes of boro rise this season, according to the Department of Agricultural Extension (DAE). As per DAE estimates, farmers have cultivated Boro paddy on 49.63 lakh hectares …