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The government has taken initiatives to sign Free Trade Agreement (FTA) between Bangladesh and Singapore to increase trade and investment, Commerce Minister Tipu Munshi MP said. "Singapore is an important trading partner of Bangladesh. Bangladesh is a potential area for trade expansion...

Meghna Victory, the largest privately-owned bulk carrier, has a carrying capacity of 66,000 tonnes Four new ships of the Meghna Group are joining the fleet of Bangladeshi-flagged seagoing vessels. The bulk carrier ship Meghna Victory, first of the four, will take to the seas with goods...

Bangladesh is looking into importing oil from Russia, said Advisor to the Prime Minister for Power, Energy and Mineral Resources Dr Tawfiq-e-Elahi Chowdhury The United States (US) has no objection to Bangladesh importing fuel oil from Russia, said Advisor to the Prime Minister for Power...

This unique restaurant was established in December 2019 by an organisation called Youth for Bangladesh. The idea was to begin a philanthropic journey where paying for food will not require money, but one will ‘pay’ with a good deed Jahura Begum is a day-labourer who says eating here saves her...

Two factories are responsible for bringing the Bangladesh name to the global stage – Kadena Sportswear Limited in Cumilla Export Processing Zone (EPZ) and the Finix Sportswear Limited in Chattogram EPZ If you could look closely at the sportswear worn by top racers at the world's popular...

Once constructed, this will be the first night safari park in South Asia As the evening falls, imagine the doors of the amusement park opening. As the eyes get adjusted to the darkness inside, nocturnal animals welcome visitors to their mysterious abode. Tigers, lions, giraffes, zebras and...

The release of foreign aid has reached a record $10 billion in FY22, thanks to fast utilisation of external loans in some megaprojects nearing completion, more budget support from development lenders and funds for Covid-19 vaccines. In the last fiscal year, Bangladesh posted a 26%...

Government said IMF loan request is for meeting future needs. Forex reserves down 13% in past 12 months to $39.67 billion The pressure on Bangladesh's economy is building, even though the nation's default risk is low, according to Moody's Investors Service. "The main message is that...

The intensive effort by the Bangladesh Petroleum Corporation (BPC) to hunt dollars to meet its import demand coupled with the suspension of LNG purchase from the international spot market has eased pressure on the country's foreign exchange reserves. The forex reserves have remained stable...

Bangladesh accounts for $1 billion annual export to $800 billion global packaging and accessories market Local packagers and accessory-makers are going to invest Tk5,000 crore in Bangabandhu Sheikh Mujib Shilpa Nagar to meet its packaging demand as well as to boost direct packaging export...

In a party meeting last Saturday, the prime minister said that if BNP men plan to lay siege to the Prime Minister’s Office (PMO), they will not be stopped The prime minister's remark on throwing BNP Chairperson Khaleda Zia from the Padma Bridge was nothing but political humour, said Awami...

Local banks are less interested in joining this system for fear of facing US sanctions The currency swap arrangement between the Bank of Russia and the Bangladesh Bank has entered a new phase as Russia is willing to introduce its own payment channel for transactions with banks instead of...

Despite being the best performer in the region, Bangladesh has fallen six notches to rank 71st among 146 economies Bangladesh has been named as the most gender-equal country in South Asia for the eighth consecutive year in the Global Gender Gap Report 2022. The report of the World Economic...

Cop shoots woman, himself dead outside Bangladesh mission in Kolkata Bangladesh Deputy High Commission, Kolkata A policeman deployed at Bangladesh's Deputy High Commission in Kolkata went on a shooting spree on Friday afternoon, killing a woman passerby and wounding two others before...

Highlights- The fire broke out at the BM Container Depot at Bhatiari around 11pm Several containers of chemicals exploded simultaneously Around 600 people work in BM Container Depot Four people were killed and more than 150 injured 1,000 containers belonging to RMG owners were burnt in the...

For Bangladesh, its economic vulnerability is exacerbated further by a lack of economic diversification and export product concentration. Bangladesh recorded export amounting to $3.83 billion in May this year, according to data released by the Export Promotion Bureau (EPB) on Thursday (02...

By 2019, the first e-bike prototype successfully worked on recycled Li-ion batteries. In one more year, SM Tanvir along with his co-founder, Alim al Rajii, started their own Li-ion battery recycling business and they are looking to expand the startup Borac Energia’s e-bikes can run for 150 km...

"I never knew there's so much beauty and fun hidden inside a book," said 44-year-old Salma Begum, who learned to read and write very recently. "I had to blindly trust anyone who could read to let me know the contents of important documents. Now I'm self-sufficient in that regard, and use my own...

Rooftop solar system offers a ray of light in achieving target despite some shortcomings Heritage Polymer and Lami Tube Ltd, a factory dealing in PVC pipes, fittings and packaging in Narayanganj's Sonargaon, had been paying a big amount of money to Narayanganj Palli Bidyut Samity-1 every...

She said Bangladesh has been able to increase the production of crops, fruits, vegetables, egg, fish and meat through regular research Prime Minister Sheikh Hasina on Thursday said her government is prioritising the food processing industry to boost export of food items alongside meeting the...