Industries

Industries

ACI Motors sells 18.5% stake to Japan’s Mitsui at $22.75 million

Two senior Mitsui executives will join ACI Motors to widen their global reach

19m ago

Joypurhat Sugar Mill starts 62nd sugarcane crushing season

This time, the mill will be operated for 34 days

22h ago

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today

23h ago

ICT trailblazers honoured

Five companies and two individuals were honoured this evening at the 9th BRAC Bank-The Daily Star ICT Awards in recognition of their exceptional contributions to the advancement of Bangladesh’s information and communication technology sector

1d ago

ICT trailblazers to be honoured at 9th BRAC-The Daily Star ICT Awards

Five companies and two individuals are expected to receive the awards in six categories at the 9th edition of the BRAC Bank-The Daily Star ICT Awards

1d ago

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

2d ago

IMF sees brighter days for Bangladesh from FY26

The International Monetary Fund (IMF) yesterday said that the country's economic scenario may turn positive in fiscal year 2025-26 with the inflationary pressure easing and economic growth picking up.

2d ago

CPA to extend deal with Saif Powertec to operate New Mooring terminal

Chittagong Port Authority (CPA) has opted to extend its deal with Saif Powertec Limited, allowing the company to operate its New Mooring Container Terminal (NCT) under direct procurement, as the process of floating an open tender to this end is facing delays..The agreement with the firm is

2d ago

Domestic tourism heats up this winter

The local tourism industry was suffering from apprehension over the loss of business amid a long recession stemming from mass unrest, which began in July

2d ago

Poultry association cancels decision to halt production

They backtracked from the decision after the government promised to address their 10-point demand

2d ago

REHAB’s housing fair begins Dec 23

The five-day exhibition will be organised at Bangabandhu International Conference Centre

2d ago

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

3d ago

Govt to procure 50,000 tonnes of rice from India

The interim government of Bangladesh will procure 50,000 tonnes of rice from India to address the depletion of the country’s food stocks and thereby meet consumer demand for the cereal grain amid ongoing inflationary pressure..The rice will be used to supply state-sponsored food distributi

3d ago

Govt to form taskforce for semiconductor industry

A high-level taskforce will work with Bangladesh Investment Development Authority (Bida) to formulate a roadmap for the development of a semiconductor sector, focusing on testing, assembly and scaling up capabilities. .The decision was taken at a meeting titled “Semiconductors – A New Fro

3d ago

Iran currency slips to new lows amid US, Europe tensions

The Iranian currency extended its fall on Saturday, hitting a new all-time low against the US dollar amid uncertainties about Donald Trump's imminent arrival in the White House and tensions with the West over Tehran's nuclear programme..The rial plunged to 756,000 to the dollar on the unof

3d ago

IMF cuts Bangladesh’s growth forecast again, keeps inflation projection elevated

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

3d ago

Gold price hiked again, Tk 140,586 a bhori from tomorrow

The previous price of 22-carat gold was Tk 138,498 a bhori

3d ago

IMF to give $645 million as fourth tranche of loan to Bangladesh

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

3d ago