Commerce Minister Tipu Munshi today said that the government has a target of attaining manufacturing goods exports worth $80 billion by 2024 and $100.0 billion by 2026. The Minister said this while speaking at the “Meet the Overseas Correspondents Association of Bangladesh (OCAB)” at Jatiya Press Club in the city …
Read More »Bangladesh’s sugar industry will turn around: Industries secretary
Zakia Sultana, Secretary, Ministry of Industries, said that Bangladesh’s sugar industry will be turned around soon as the government is trying to increase production and reduce imports as per instructions of Prime Minister Sheikh Hasina. Innovating high yielding sugarcane and providing technical support to sugarcane growers, increasing the price of …
Read More »What is Black Sea Grain Initiative and why does it matter
Since Russia’s invasion of Ukraine, exports of grain from Ukraine, as well as food and fertilisers from Russia, have been hit hard. The disruption in supplies pushed soaring prices even higher and contributed to a global food crisis. The Black Sea Grain Initiative, brokered by the UN and Turkiye, was …
Read More »Ctg Customs to auction 79 luxury cars
CHATTOGRAM: Chittagong Customs House (CCH) has decided to auction 79 luxury cars of seven famous brands brought under the Carnet facility through Chittagong port. The organisation has already collected the clearance permit from the Ministry of Commerce to sell the cars at auction. Deputy Commissioner of CCH Santosh Saren confirmed …
Read More »BTRC to deactivate SIMs more than 15 against one NID card
The Bangladesh Telecommunication Regulatory Commission is going to deactivate additional subscriber identity modules, better known as SIMs, of those who have more than 15 registered SIMs against one national identity card soon. As per the recent BTRC decision, a subscriber is allowed to register maximum 15 SIMs against his or …
Read More »Sanitaryware sales rising in rural areas
Just two decades ago, one could hardly hope to see a well-furnished bathroom in the country’s semi-urban and rural areas. The scenario has changed over time as people living in these regions are becoming increasingly aware of good hygiene practices thanks to their improved living standards. In addition, the ongoing …
Read More »Suez Canal transit fees to be raised
Egypt plans to raise fees for ships passing through the Suez Canal by 15 per cent in 2023, the canal authority’s chairman Osama Rabie said on Saturday. Transit fees for bulk and tourist ships will be raised by 10 per cent, Rabie added. The fee increase will be applied starting …
Read More »Dhaka stocks rise
Shares at The Dhaka Stock Exchange (DSE) rose today, the first trading day of the week. The DSEX, the benchmark index of the premier bourse in Bangladesh, gained 25 points, or 0.39 per cent, to 6,540 at 12:20 pm. Turnover stood at Tk 1312 crore. Of the securities, 129 advanced, …
Read More »Zelensky says Ukraine wants to join EU single market
Ukrainian President Volodymyr Zelensky said Thursday his war-scarred country wanted to join the European single market ahead of a decision on whether to grant Kyiv full EU membership. Zelensky was speaking at a press conference with EU president Ursula von der Leyen who came to Kyiv to work out a …
Read More »RMG workers’ demand for salary hike is logical: Tipu
Commerce Minister Tipu Munshi today said the demand of readymade garments (RMG) workers for salary hike is logical in view of the rising commodity prices amid the current global economic situation. “Due to the Russia-Ukraine war, the prices of daily essentials have increased in the world market and also in …
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