The International Finance Corporation (IFC) has committed $791 million to support Bangladesh’s businesses amidst the coronavirus pandemic.

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.

Japanese Ambassador to Bangladesh Ito Naoki urged the Bangladesh government to provide cash incentives to the foreign investors in the country.

In the context of Covid-19, International Finance Corporation (IFC) will invest in the pharmaceutical industry, including vaccine production in Bangladesh and other South Asian countries.

Pabna is known as a hosiery manufacturing hub that supplies a range of garment items, such as inner wear, legwear and socks, all over Bangladesh.

The government recently signed a €50 million credit facility agreement with the Agence Française de Développement (AFD) to accelerate Bangladesh’s economic transition to a green economy.

Import and export activities through Benapole land port have remained suspended since yesterday morning due to protests from Indian traders for allegedly being harassed by India’s Border Security Force (BSF).

Chinese company Kaixi Fashion Bangladesh Co Ltd plans to invest $6 million to establish a lingerie manufacturing factory in the Dhaka Export Processing Zone.

New mango varieties are getting priority on consumers’ list of preferences for being tastier and more attractive than the existing ones.

Fazli always seemed to be a cut above other mangoes due to its unique fragrance and taste, but this widely acclaimed 200-year-old variety is losing popularity day by day.

For one and a half years, Premier Cement has repeatedly pushed back its plan to start the commercial production at a newly built manufacturing unit in Chattogram.

Chinese company Kaixi Fashion Bangladesh Co Ltd plans to invest $6 million to establish a lingerie manufacturing industry in Dhaka Export Processing Zone.

Pressure is rising on Big Tech firms, signaling tougher regulation in Washington and elsewhere that could lead to the breakup of the largest platforms.

Speakers at a seminar in the US called upon foreign investors and non-resident Bangladeshis (NRBs) to invest in Bangladesh.

Local garment manufacturers have demanded that the government ease conditions for importing yarn, cotton and fabrics as work orders were pouring in from international clothing retailers and brands.

Speakers at a seminar in the USA called upon foreign investors and non-resident Bangladeshis (NRBs) to invest in Bangladesh.

All nine sugar mills operating across the country may face a shortage of sugarcane this year as the total farming area of this cash crop has declined by almost half compared to previous growing seasons.

Although eight months have passed since the closure of six sugar mills, there has been little progress in modernising them owing to red tape.

The government has taken a special initiative to increase the volume of garment export to the US markets, as the shipment of apparel items to the country’s single largest export destination is growing on the back of high demand.