More than 400 garment factories have shut down in Bangladesh over the three years from July 2023 to June 2026, Commerce Minister Khandaker Abdul Muktadir told Parliament on Thursday. The […]
The Bangladesh government has secured around $1 billion in financing from the Islamic Development Bank (IsDB) for the construction of the second unit of Eastern Refinery, aimed at boosting the […]
The High Court has declared the imposition of 15% value-added tax (VAT) on immovable property sold through judicial auctions conducted by Artha Rin Adalats (money loan courts) to be unlawful […]
Bangladesh Bank (BB) will provide financing and other support to 5,000 young entrepreneurs every year under its new “UDYOG” programme aimed at identifying, developing and financing promising young entrepreneurs at […]
The Insurance Development and Regulatory Authority (IDRA) has taken an initiative to speed up insurance claim settlements and restore customers’ confidence in the sector, paying Tk 14.51 crore in claims […]
Seaweed farming is emerging as a promising economic opportunity for Bangladesh’s coastal communities, with experts stressing its potential to help address the adverse impacts of climate change and reduce pressure […]
Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan has said the government has taken a new initiative to create employment opportunities for young people and develop them as entrepreneurs […]
The government has decided to adjust the price of bottled soybean oil, raising it by Tk 5 per litre to Tk 204, Commerce Secretary Ataur Rahman Khan said. He announced […]
The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the procurement of four liquefied natural gas (LNG) cargoes at prices ranging from $23.98 to $28.03 per million British thermal […]
Bangladesh is integrating the Rooppur Nuclear Power Plant with the modern control and monitoring infrastructure of the national power grid as the plant moves towards electricity generation. Under the initiative, […]