Shares of Ifad Autos Ltd jumped 4.42 per cent at the Dhaka Stock Exchange yesterday after it announced its plan to invest Tk 80 crore in one of its sister concerns.

The dispute between spinners and garment manufacturers was resolved after the two sides fixed the price of the widely consumed 30-carded yarn at a maximum of $4.20 per kilogram.

Women in Bangladesh have increased and diversified their use of mobile internet services ever since the Covid-19 outbreak began as social distancing restrictions in particular have led to a rise in video calls, social media use and viewing of online videos, according to a survey.

DBL Group, one of the leading exporters, is going to invest $650 million to set up 10 manufacturing units for textiles, ceramics, and sanitary ware at the Sreehatta Economic Zone in Moulvibazar.

DBL group is going to invest $650 million (Tk5500 crore) to establish 10 factories to manufacture textiles, ceramic and sanitary items at Sreehatta Economic Zone in Moulvibazar.

The board of directors of IFAD Autos has decided to invest Tk 80 crore to acquire 40 per cent shares of IFAD Multi Products Ltd.

The spinners and garment manufacturers have fixed the price of 30-carded yarn at the highest $4.20 per kg for the local markets.

The Banglabandha land port in Rangpur’s Panchagarh district collected a record-high amount of revenue in fiscal 2020-21.

Sylhet division is littered with numerous haors, waterfalls, swamp, hills, and tea gardens that make it an attractive tourist destination.

Spinners have kept yarn prices unchanged since August 10 and there is no scope for a reduction as cotton prices are high in the global market, said Mohammad Ali Khokon, president of Bangladesh Textile Mills Association (BTMA), yesterday.

Garment exporters are feeling the pinch of exorbitant transport fares as the rebound in the shipment of goods thanks to the reopening global economy has raised the demand for trucks and covered vans.

Green Delta Insurance Company has virtually launched an online VAT return processing software automating the whole process and ensuring transparency, convenience and timely processing. 

Haor areas of Sylhet division usually remain inundated for most of the year but there are high grounds where Boro paddy can be grown.

City Group, one of the country’s leading consumer goods processor and manufacturer, is to going to build a hi-tech park investing Tk 5,000 crore to manufacture technology products such as microprocessors, chips, circuits, mobile phones and laptops.

Vaccinating workers is a top priority for the Prime Minister Sheikh Hasina-led government, which expects to start providing garment workers their jabs within one and a half months, Commerce Minister Tipu Munshi said on Wednesday.

The construction of the Bay Terminal, a long-awaited project of the Chittagong port, is gaining momentum after slowing down due to the coronavirus pandemic as the government looks to complete it by 2024.

Russia has expressed interest to buy mangoes from Bangladesh, said the Ministry of Agriculture yesterday.

Habibur Rahman, a Chattogram-based schoolbag manufacturer, suddenly fell into deep financial peril ever since the coronavirus pandemic first reached Bangladesh in March 2020.

Spinners are unwilling to reduce the prices of yarn in local markets even though apparel and terry towel exporters have demanded as much in order to remain competitive at the international level.

Anwar Galvanizing, a listed concern of the Anwar Group of Companies, has decided to double its production capacity within 2022 investing Tk 27 crore.