Current News

According to the Export Promotion Bureau (EPB), in the last fiscal year, Bangladesh export earnings from jute and jute goods fell to $816.27 million from $1.02 billion in last fiscal year

Apparel makers such as Dhaka-based Ananta Group are powering Bangladesh’s economic expansion, the fastest in Asia, but a record high gas price spike threatens to derail the industry’s growth, according to Nikkei Asian Review.

Sundarbans, the largest mangrove forest of the world has been kept out from the ‘world heritage site in danger’ list during the 43rd annual meet of UNESCO which has been taking place in Azerbaijan.

Crisis Management Core Committee for the garment sector has decided to take necessary measures to pay the salaries and allowances of all workers before the upcoming Eid-ul-Azha.

Prime Minister Sheikh Hasina on Monday said her government has taken various steps to ensure a vibrant capital market that will supplement its efforts to make Bangladesh a developed country by the year 2041.

Prime minister Sheikh Hasina on Monday said her government has taken various steps to ensure a vibrant capital market that would supplement its efforts to make Bangladesh a developed country by the year 2041.

Businesses having annual turnover or sales worth Tk 5 crore or more will have to use specialised software specified by the National Board of Revenue from September 1 to maintain records of sales and other transactions involving value-added tax.

Dhaka stocks slumped on Sunday as investors resumed share selling amid worries over the new budgetary measures on listed companies and a hike in gas price by the government.

RMG sector to be affected in the long run Production cost of per kilogram yarn and fabrics will go up by Tk6.66 and Tk7.61 respectively as new gas tariff takes effect, ultimately hitting the $34 billion apparel industry. The rise in production cost, caused by sharp increase in gas prices, …

Bangladeshi tiles meet about 80% of local demand Only a decade ago, Bangladesh had to depend mostly on imported tiles but now rising domestic demand, triggered by increased construction of houses and their renovation or remodeling, has led to the boom of local tiles industry over the period.