Current News

Information technology exports from Bangladesh shot up 36 per cent in the first half of the current financial year, beating expectations of industry players as the local IT industry showed resilience against the global economic turmoil. IT companies brought home $282.77 million in the July-December period of 2022-23, up from …

The 15th edition of the International Plastic Fair kicked off in Dhaka yesterday with a call to ensure industry compliance so that Bangladesh can sustain its share in the global export market. The international market for plastic goods, including the European Union (EU), is rapidly implementing environmental policies through the …

The government has eased the rule of compulsory fumigation test for import of American cotton, particularly from the United States, clearing the ways for smooth import of the raw material of textile mills, the backward linkage industry for country’s main export earning garments. The importers would be able to bring …

Banks will provide a special benefit of Tk0.50 for each US dollar to repatriate the export income of December and January by February 28. A meeting of managing directors (MDs) of state-owned and private banks has decided that the special benefit of an additional Tk0.50 against each dollar of export …

Pran has joined the Gulfood 2023, one of the largest annual global food and beverage sourcing events in the world, to increase the export of its food products across the globe, especially to Africa, the Middle East and Europe. The 28th edition of the fair kicked off at the Dubai …

A four-day international plastic fair will begin in the capital’s International Convention City Bashundhara (ICCB) Wednesday. The “15th International Plastic Fair 2023” will run till February 25. Industries Minister Nurul Majid Mahmud Humayun will inaugurate the exhibition, Bangladesh Plastic Goods Manufacturers and Exporters Association President Shamim Ahmed said at a …

Banks will provide a special benefit of Tk0.50 for each US dollar to repatriate the export income of December and January by February 28. A meeting of managing directors (MDs) of state-owned and private banks has decided that the special benefit of an additional Tk0.50 against each dollar of export …

An event titled “New Financing Solutions for Energy Efficiency Interventions” was held at Hotel InterContinental Dhaka on Sunday. Md Khurshid Alam, executive director, Bangladesh Bank, attended the event as chief guest, said a press release. In his speech, he highlighted various initiatives that have been undertaken by the government to …

South Korean ambassador to Bangladesh Lee Jang-keun has visited the project site in Matarbari Coal-powered Plant to observe the work being done by 75 Korean engineers and to encourage them. He was briefed on the progress by project managers, listened to the challenges faced by the South Korean firm POSCO …

Rising per capita income, stricter anti-smuggling measures and the production of value-added apparel items have catapulted Bangladesh’s annual yarn and fabrics sales to $9 billion. The consumption has grown 50 per cent since the financial year of 2016-17 when the size of the local yarn and fabrics market was $6 …