Industries

Industries

Ctg port sets new container handling record

Chattogram port has set a new record for container handling, surpassing last year's total even before the current fiscal year ends in June, according to a statement by the Chattogram Port Authority (CPA) yesterday.

10h ago

Govt to nearly double food storage capacity

The interim government has planned to nearly double its public food storage capacity to 37 lakh tonnes in the next fiscal year.

10h ago

Bangladesh’s RMG exports to the USA rise by 29% in Jan-Apr

Overall imports by the USA from the world also increased by 10.65% in the period

18h ago

International Leasing depositors seek BB intervention

The depositors of the International Leasing and Financial Services Limited (ILFSL) have urged the Bangladesh Bank to intervene so they can recover their money.

1d ago

Farm loan disbursement rises in April

Disbursement of agricultural credit by scheduled banks surged significantly month-on-month in April, although it was slightly lower than that in the corresponding period of last year..According to a report by the Bangladesh Bank, banks disbursed a total of Tk 3,239 crore in agricultural lo

1d ago

Four more Bangladeshi garment factories awarded LEED certificates

Three received the highest platinum rating and one gold rating

1d ago

ICC joins coalition of global businesses for ocean sustainability

The initiative highlights the deep interconnection between land and sea

1d ago

How frequent policy shifts deter firms from going public

If a company gets listed, it will enjoy tax benefits, and this is one of the major incentives for them to go public..However, the government’s frequent policy changes have disheartened listed firms many times, as they faced higher tax rates once they got listed..It gave a clear, nega

2d ago

Corruption pervasive across the country

Corruption remains a pervasive challenge across the country, undermining the effective implementation of the national budget, Anisuzzaman Chowdhury, special assistant to the chief adviser, said at a post-budget discussion yesterday.

1w ago

Budget targets chocolate, lipstick

If you're planning to import cheap lipstick into Bangladesh anytime soon, think again. The country's interim government, in its latest budget, has quietly declared war on undervalued imports with a series of oddly specific tweaks to customs rules. Among the victims: chocolate bars, lipsticks, eye shadow, and -- wait for it -- inflatable toys.

1w ago

Trade deficit narrows 2.6% in July-April

The country’s trade deficit narrowed by 2.60 percent in the first ten months of the current fiscal year compared to the same period a year ago, thanks to a rise in export earnings coupled with subdued imports..During the July-April period of fiscal year (FY) 2024-25, the trade gap was $18.

1w ago

Reducing penalty on false declarations will encourage smuggling: experts

In the Finance Ordinance 2025–26, presented on Monday, the government proposed amending the Customs Act 2023 and revising the penalty structure for tax evasion related to intentional false declarations during import clearance, reducing the minimum fine from twice the evaded amount to an equivale

1w ago

Truely secures $2m to accelerate global expansion

The fresh funding will help the company accelerate its expansion in the eSIM market

1w ago

Commerce ministry forms FBCCI election boards

Md Abdur Razzak, additional secretary (IIT) at the commerce ministry, is the chairman of the election board

1w ago

Civil aviation ministry to get Tk 2,455cr

Additionally, a reduction in customs duty rates from 10 to 3 percent was proposed on all types of jet fuel and aviation spirits which is expected to reduce airfares and stimulate passenger growth, particularly for domestic carriers

2w ago

Budget should focus on reducing inequality

Economist Dr Mustafa K Mujeri has urged the government to place its main emphasis on reducing of societal inequality in the forthcoming national budget for the fiscal year 2025-26..He made the call during a pre-budget discussion titled “National Budget for FY2025-2026: A Pre-Budget Discuss

2w ago

60 resorts shut in Bandarban’s Lama due to bad weather

The decision was made at a meeting of the Lama Upazila Natural Disaster Preparedness Committee yesterday

2w ago

Budget for FY26: OTT platforms may get costlier

The interim government is likely to impose a 10 percent supplementary duty on over-the-top (OTT) platform services in the upcoming budget for the fiscal year 2025-26 — a move that is expected to raise consumer costs and increase spending on paid streaming services.

2w ago