CHITTAGONG: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has taken special preventive measures so that any untoward situation cannot be created in the garment sector ahead of Eid.The apex body of the business community in the country’s export sector identified 25

DHAKA: Business community of Bangladesh must be aggressive to maximize trade benefit with India, experts said Monday. They said problems related to Teesta water sharing treaty, Tipaimukh dam, maritime and land boundary disputes and non-tariff barrier in trade must be solved before the

DHAKA:  Bangladesh Bank issued a circular Sunday asking all non-banking financial institutions to withdraw from the capital market their investments exceeding 25 percent of their paid-up capital and reserves by December. Article 16 of the Financial Institutions Act 1993 prohibits

DHAKA: The government will subsidise the fuel oil used for large generator or captive power in industries. At the same time, the government is also considering a plan to buy captive power at an agreed rate. An inter-ministerial meeting held at the Energy, Power and Mineral Resources

DHAKA: Anarchy in the readymade garment industry ahead of Eid-ul-Fitr will be resisted at any cost, speakers  at a discussion said. The discussion meeting between garment owners and various labour organisations at the BGMEA office at Karwan Bazar in the city also discussed payment of

DHAKA: Businessmen and power authorities Sunday decided that shops would remain open as long as there are shoppers after the 15th of Ramadan, as a shopping binge is getting on steam ahead of eid festival. Dhaka Power Distribution Company (DPDC) Ltd and Bangladesh Shop Owners’

SAVAR: Ha-Meem Group becomes Asia’s best readymade garment factory this year for stitching up quality wears, a second laurel for the dressmaker after lifting last year`s best supplier award `Vender of the Year`.VF Asia Sourcing group and VF US Sourcing and Operation Group jointly gave

DHAKA: Despite the Dhaka Stock Exchange (DSE) has witnessed a decline in trading, its market capital increased by Tk 4.5 thousand crore this week.The share market was on a bull run on most of the days this week. Companies of financial, power and energy sector saw a sharp rise in prices.

ASHUGANJ, Brahmanbaria: Industries Minister Dilip Barua Friday said the government is going to establish another fertilizer factory in Ashuganj soon.“The ministry concerned is working in establishing the factory, Ashuganj Fertilizer Factory-2,” the minister disclosed while visiting

DHAKA: Civil Aviation and Tourism Ministry has given a three-month ultimatum to Biman Bangladesh Airlines to improve the quality of ground-handling services or lose the business. If the quality of ground handling of air-traffic operations is not improved, the ministry would call

DHAKA: The shareholders of Aims 1st Mutual fund will have to wait some more days for getting bonus shares as the High Court deferred to August 25 the hearing on a writ petition challenging the regulator’s decision against the fund’s declaration on issuing right shares. An HC bench

DHAKA: Market monitoring teams of Commerce Ministry on Thursday fined 14 businessmen of three city markets for price fixing of essential commodities.The price monitoring drive led by deputy secretary of Commerce Ministry Shahidul Islam, deputy secretary Md. Enamul Haque Enna and deputy

DHAKA: Six airlines will carry pilgrims as third carrier this year to cope with hajj rush, as flight crisis in operating Dhaka-Jeddah sorties during the time remains a perennial problem.Civil Aviation Minister GM Quader announced the arrangement at a press briefing at his ministry after a

BENAPOLE: The India-Bangladesh Friendship Cycle Rally has arrived in Benapole on Wednesday.   Sukanto Sangsad, Sharsha upazila administration, Benapole C&F Agent Association and Jessore Kishor Bahini Obhaththana Committee welcomed the rally at Benapole Check post. Coordinator of Jessore

DHAKA: Country’s private sector airline United Airways (BD) Limited has published "Welcome Bangladesh," an in-flight magazine, on Wednesday. Captain Tasbirul Ahmed Chowdhury, Chairman and Managing Editor of United airways formally unveiled the publication at a city hotel.   Kazi

DHAKA: The government on Tuesday extended the deadline for removing stockpiles of inflammable chemicals in factories and storehouses from the residential areas up to September 30.  Industry Minister Dilip Barua set the new timeline in a joint meeting of Industries Ministry and Bangladesh

DHAKA: The share market of Dhaka saw a sharp up as price indices of GrameenPhone along with financial and insurance companies rose in a turnaround Tuesday. After a fall in the indices in the last two days in a row, the DSE general index advanced slightly. Simultaneously, volume of trade,

DHAKA: The Executive Committee of the National Economic Council Tuesday approved seven projects involving around Tk 4,228 crore, including two schemes for promoting the agreed Bangladesh-India cooperation. Of the total amount, the government would finance Tk 3,056 crore while Tk 1172

DHAKA: Business leaders demanded the government to implementing the “stimulus package” properly. They also urged to keep the package outside the regular facilities and reduce the interest rate on bank loan.Leaders of FBCCI, BGMEA and BKMEA came up with the demand at a meeting with

DHAKA: Over 60 percent of the loans disbursed by the banks in the country have been taken by multimillionaires. The number of borrowers from banks who took over one-crore taka is six thousand higher than the number of listed millionaires.  Those who took over one-crore-taka loan from the