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Italy has expressed interest to invest in Bangladesh’s leather industry. Italian ambassador to Bangladesh Enrico Nunziata expressed the interest today during a meeting with Bangladesh Small and Cottage Industries Corporation (BSIC) chairman Mushtaq Hasan at BSIC building in the capital, said a press release. After the meeting, the BSIC chairman …
Read More »Rod prices go thru the roof
Rod prices in Bangladesh hit Tk 80,700 per tonne because of the persistent high prices of raw materials globally, supply constraints, and the latest hike in fuel prices locally, official figures showed on Friday. It was up 4.12 per cent from Tk 77,500 per tonne on Thursday, according to the …
Read More »Bangladesh offers best incentives for investors
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged French investors to take note of Bangladesh as an ideal destination for relocating industries. “Bangladesh offers the best competitive fiscal and non-fiscal incentives for investment,” said FBCCI President Md Jashim Uddin. His comments came as the FBCCI signed …
Read More »BACI expresses concern over rising prices
The Bangladesh Association of Construction Industry (BACI) has expressed concern that the recent rise in prices of construction materials could halt all government construction projects, may hamper annual development programs, and could adversely affect the country’s socio-economic development and left a large group of workers jobless. The speakers made these …
Read More »Sadhan for ensuring safe food for healthy nation
Food Minister Sadhan Chandra Majumder said on Tuesday safe food would play a very significant role in building a healthy, strong and talented nation. “The incumbent government is making efforts to build safe food production, processing, preservation; marketing and consumption habits . . . public awareness can make this effort …
Read More »Unilever Bangladesh launches ‘Unilever Frontliners Academy’ to provide jobs for the unemployed youth
The academy’s first batch graduates already secured their jobs with Unilever’s distributor line In Bangladesh, youth unemployment is one of the major challenges to the country’s sustainable development. It also suffocates the youth’s boundless vitality and potential and to support the Bangladesh government in addressing the issue with skill development, …
Read More »Most listed multinationals see profit growth in Jul-Sep
Most listed multinationals logged higher profits during this year’s July-September quarter, compared to the same period a year ago, riding on increased sales in the last two months of the quarter following a three-week countrywide lockdown in July. Of the listed 13, seven registered higher profits, four logged lower profits, …
Read More »Transport strike: RMG faces supply chain hiccups
The countrywide transport strike disrupted the smooth functioning of the apparel supply chain in Bangladesh for the second straight day yesterday, hurting the recovery of the garment shipment. Because of the strike, which began on Friday in protest of the hike in fuel prices, garment factory owners could not secure …
Read More »Bangladesh exports over 90 tons of ilish to India in 10 days
115 companies have been allowed to export 4,600 tons of ilish Nine companies have exported over 90 more tons of ilish worth $905,000 to India in the last 10 days. Earlier, 1,137 tons of ilish were sent to India. Thursday was the last day to export ilish in this season, …
Read More »Dhaka calls for direct sea port connectivity between Chattogram and Ranong
Thai Embassy in Dhaka will organize a road show to celebrate the 50 years of diplomatic relation between Bangladesh and Thailand next year, said Thai ambassador Makawadee Sumitmor at a bilateral business meeting with DCCI on Tuesday. Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI) led the …
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