Bangladesh is likely to lose $5.28 billion worth of businesses annually in the European Union in the post-LDC era because of the erosion of preferential trade benefits following the country’s graduation from the group of the least-developed countries, according to a new study.

A new weekly China-Bangladesh container vessel service will make its debut in the last week of this month, creating an opportunity to quicken the country’s import and export trade.

The government has instructed the factory and industry owners to pay the bonus and salaries for March and April before the Eid holiday scheduled to begin on April 29.

The adverse effects of Covid-19 were profound in Bangladesh’s hospitality and tourism sector as it lost about Tk 60,000 crore in gross value added during the pandemic, according to a survey by the Bangladesh Institute of Development Studies (BIDS).

Cumilla Economic Zone (CEZ) has got final approval from the government as the 12th private economic zone in Bangladesh.

The country’s hospitality sector has lost about Tk 17,300 crore in gross value added during the pandemic, according to a survey.

The government could form a taskforce to identify the promising plastic sector’s challenges and explore its potentials conforming to environmental standards, suggested Ahmad Kaikaus, principal secretary to the prime minister, yesterday.

Akij Group has set up its first rooftop solar plant with a power generation capacity of 470 kilowatts at Janata Jute Mills in Faridpur’s Boalmari upazila with technical solutions and support of Huawei and Cynergy.

Walton has doubled its motherboard production capacity as the local technology giant looks to become savvier in high-tech and cut reliance on imports for advanced technologies.

The National Board of Revenue (NBR) has unearthed more than Tk 1 crore VAT evasion by PHP Float Glass Industries Ltd after poring over the documents filed by the Chattogram-based company for the period from the fiscal year of 2013-14 to 2017-18.

Bangladeshi tourists have started crossing the border through the Banglabandha Land Port in Panchagarh, more than two years after their entry through the port was suspended in the wake of Covid-19.

A Canada-China owned company will invest $5.74 million to set up a diversified product manufacturing plant in Bepza Economic Zone.

Walton Hi-Tech Industries PLC said today it has won the tender to procure more than 50 years long-established European brands ACC, Zanussi Elettromeccanica (ZEM) and Verdichter (VOE) from Italia Wanbao-ACC.

Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.

The government has removed the upper ceiling on investments in two US dollar related bonds so that non-resident Bangladeshis (NRBs) can invest as much as they want in both securities, according to a notification from the Internal Resources Division (IRD).

Logistics-tech company Paperfly has confirmed Tk 102 crore new investment from Ecom Express, one of the leading tech-based e-commerce logistics solutions providers in India, as it looks to digitalise the local courier segment.

Logistics-tech company Paperfly today confirmed another Tk 102 crore investment from the leading Indian tech-based e-commerce logistics solutions provider, Ecom Express.

Mexico-Bangladesh Virtual Business Platform has been launched with an aim to create better opportunities and bring the business community of both the countries to a single platform.

Workers of Regent Textile Limited today blocked the road in front of the factory in Boalkhali upazila of Chattogram – demanding their due salaries.

Hundreds of sewing thread manufacturing units have sprung up in Bangladesh in recent years, allowing the country to nearly attain self-sufficiency in the major garment accessory.