DHAKA: Nine new products, among 35 items, will get export subsidy or cash incentive facilities in fiscal year 2018-19. Earlier 26 items used to have the facility. The government now added nine new products in the export subsidy list to encourage export trade. The subsidies will be

DHAKA: Bangladesh Prime Minister, Sheikh Hasina hands a certificate and award to Chevron Bangladesh President Neil Menzies at the inauguration ceremony of Power & Energy Week 2018, held in the capital earlier on Thursday (Sep 6).  Chevron Bangladesh was recognized by the Ministry of

DHAKA:  Anwarul Islam has been promoted to General Manager (GM) of Bangladesh Bank. Earlier, he worked as Assistant Spokesman and Deputy General Manager of the Financial Inclusion Division of the Central Bank. Anwarul Islam joined Bangladesh Bank as Assistant Director in 1993. 

Panasonic plans to move its European headquarters from Britain to the Netherlands later this year over concerns about potential tax issues related to Brexit, a company spokeswoman said Thursday. "We will move our European headquarters to the Netherlands," the spokeswoman told AFP,

DHAKA: Commerce Minister Tofail Ahmed said the government has no plans to export rawhide considering the welfare of leather industries. The minister said this to reporters at the secretariat on Sunday (August 26). Tofail Ahmed said, “Leather industries of the country would be

BENAPOLE (JESSORE): Border Guards Bangladesh (BGB) heightened security measures in order to prevent smuggling of rawhide of sacrificial animals to India through Benapole-Putkhali border in Jessore. Besides, police presence has been stepped up. This reinforcement of security measures is

US President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the US’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro is being manipulated

BENAPOLE (JESSORE): Export and import activities in Benapole land port will remain closed from August 21 -25 ahead of holy Eid-ul Azha, according to Benapole land port director (traffic) Aminul Islam. However, movements of travelers with passports will remain normal as usual.

DHAKA:  The government made the use of jute bags compulsory for the packaging of poultry and fish feeds in order to facilitate jute industries and protect environment. For a total of 19 products, including poultry and fish feed, have been made it compulsory to use jute bags from

DHAKA: Asian Development Bank and Bangladesh government signed agreements for three projects totaling over $350 million together in a single event on Thursday (August 9).  Out of $350 million, two are grant projects with over $125 million. A $100 million grant will support the

DHAKA: The government has fixed the prices of raw hide of the sacrificial animals ahead of the Eid-ul-Azha. Commerce Minister Tofail Ahmed made the announcement at a press briefing at the conference room of his ministry in Bangladesh Secretariat on Thursday (August 9). According to

DHAKA: State Minister for Labor and Employment Mujibul Haque Chunnu asked garment industry owners to pay Eid bonus to their workers by August 16. Mujibul Haque Chunnu came up with the directive in a meeting of Crisis Management Core Committee at the secretariat on Thursday (August 9).

DHAKA: The government has set an export target of earning USD 44 billion in the current fiscal. Of the USD 44 billion, 36 billion has been set to earn from product exports and 5 billion from service sector.  Commerce Minister Tofail Ahmed announced the export target for 2018-19

DHAKA: Finance Minister Abul Maal Abdul Muhith said the government is not going to reduce interest rates on savings certificates before the national election. However, a high level committee will be formed to adjust the interest rates, he added.  The Finance Minister on Tuesday

Japan Tobacco Inc is buying the tobacco business of Bangladesh's Akij Group for around $1.5 billion (£1.15 billion), its second major purchase in five months as the world's third-biggest cigarette maker seeks new growth markets to offset shrinking sales at home. The 124.3

DHAKA: Gold prices dropped again up to Tk 1,166 per bhori in Bangladesh for the second time in fifteen days of interval. Bangladesh Jewellers’ Samity (BJS) issued a press release regarding the new price-list Sunday (August 5). The last time gold price reduced in July 20. As per

DHAKA:  The government fixed interest rates maximum 9 percent for lending, and 6 percent for deposit from August 9 in all schedule banks. Finance Minister Abul Maal Abdul Muhith made the disclosure after a meeting with the bank owners and managing directors (MDs) Thursday (August 2).

CHATTOGRAM: A specially equipped Norwegian vessel has arrived in Chattogram to carry out an acoustic survey in the maritime boundary of Bangladesh. The United Nations flag carrier marine research vessel, RV Dr Fridtjof Nansen, headed by the Norwegian Institute of Marine Research (IMR)

DHAKA: Bishwo Shahitto Kendro, in association with bKash Limited, the largest mobile financial service provider in the country, has now expanded its book reading program at Rangpur and Lalmonirhat to enlighten the future generations through reading habit.   The book distribution

DHAKA: After a month of break, gold prices have dropped again by Tk 1,166 per bhori in Bangladesh in line with the international market. On the contrary, traditional gold price remains unchanged. Bangladesh Jewellers Samity (BJS) announced it on Thursday (July 19). The revised price