Real-Estate & Infrastructure

The government has decided to cut the import of fuel, particularly diesel, by 20 percent as an austerity measure to save dollars and keep its foreign reserves stable. State Minister for Power and Energy Nasrul Hamid told this at a press conference on Monday after the review meeting on the …

The apex body of tea producers has requested the government to provide a 20 per cent subsidy, in addition to the existing export incentive facility to the tea sector, with a view to boosting the export of the widely-consumed drink. The Bangladesh Tea Association (BTA) recently sought the facility like …

Bangladesh lost up to 1.1 per cent of its gross domestic product (GDP) between 2016 and 2020 because of natural disasters such as floods, cyclones and salinity, and much of these losses could be reduced by providing insurance to the underserved population and protecting vulnerable communities. Bangladesh’s non-life insurance penetration …

Import and export activities resumed from today through Hili Land Port (HLP) in Hakimpur upazila of Dinajpur after an eight-day vacation on the Eid-ul-Azha festivity and weekly holiday. General Secretary of the Customs, Clearing and Forwarding Agents Association of HLP Jamil Hossain Cholonto said import-export activities remained suspended from July …

The Padma Multipurpose Bridge has opened a new avenue of creating a tourism hub centring on the dream bridge, cashing in on people’s growing interest. If there are government and private initiatives to ensure necessary facilities on both banks of the Padma River, this will attract huge tourists and boost …

Consumers Association of Bangladesh (CAB) has urged the government to readjust edible oil prices in the country following their continuous downward trend in the international market. SM Nazer Hossain, Vice-President of the CAB central committee made the call through a statement on Saturday. In the statement, Nazer said Bangladesh Trade …

Bangladesh’s wheat import fell to its lowest in six years as many consumers switched to rice irked by surging prices of the grain. Public and private importers brought in 40 lakh tonnes in fiscal year 2021-22, down 25 per cent year-on-year as businesses drastically cut imports, according to food ministry …

The government has given go-ahead to 47 companies to import 73,000 tonnes of rice as part of its ongoing effort to contain food prices in the local market. The firms have been asked to bring 60,000 tonnes of non-basmati boiled rice and 13,000 tonnes of non-boiled atap by August 25, …

International cards, both debit and prepaid, can be used for online payments of visa processing fees, said the Bangladesh Bank today, as it moves to facilitate smooth transactions In this context, authorised dealers (ADs) may issue international cards in the name of official designated by nominated agents, said the central …

Bangladeshi entrepreneurs at a apparel sourcing week underscored the need for taking pragmatic initiatives with strategic planning to grab potentialities of Indian market. They made the observation while participating in the ‘Apparel Sourcing Week 2022’ concluded on Sunday at the Sheraton Grand Bangaluru, India, said a press release. Bangladesh High …