President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Kazi Akram Uddin Ahmed on Friday sought duty-free access of all Bangladeshi products to Iran under the Preferential Trade Agreement.
Category: Business
Oil falls below $95 on choppy growth outlook
The price of oil fell below $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
All Ashulia garments reopen Friday
Thousands of workers will start working again in hundreds of readymade garments factories in Asulia area under Savar from Friday as per decision of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Atiur reminds bank chief executives of irregularities
Bangladesh Bank Governor Dr Atiur Rahman on Thursday warned the chief executives of all the operating banks about irregularities, and said the relevant banks must say first why the irregularities are taking place despite repeated warnings.
After Bangladesh, seeking new sources
Bennett Model helped pioneer the exporting of garments from China in 1975, the year before Mao Zedong died, and ever since, his New York fashion company has searched for other countries, from Guatemala to Vietnam to Indonesia, capable of supplying…
Real estate business seeks stable prices of materials
Businessmen in real estate and construction sectors want government’s supportive policy in the coming budget to keep the prices of construction materials stable.
Padma Bridge funding at renewable energy’s cost
Renewable energy sector is unlikely to receive any block allocation in the coming budget as the government has moved to cut such allocations to mobilise fund for the Padma Bridge project, officials at the Finance Ministry said.
Global Pharma meets workers’ demands, reopens
The factory workers of Global Capsules Limited at Rupatali area of the city have withdrawn their strike and backed to work on Monday noon after five-day as owners agreed to meet 5 out of 9 point demands about increase of…
G20 improving, but could do better, says ICC
The G20 is responding to business concerns, but needs to further improve its performance to maintain the momentum in the global economic recovery, according to a new report by the International Chamber of Commerce (ICC).
StanChart donates Tk 29 lakh for Savar victims
Standard Chartered Bank has donated Tk 2,900,000 for the victims of Savar building collapse tragedy through the Association of Bankers Bangladesh (ABB).
South-western gas pipeline work unlikely before January
Installation of 864-kilometre gas distribution pipeline in the country’s south-western region is unlikely to start before January next year as the “Southwest Region Gas Distribution Network Project” has been facing delay in the approval process.
Bangladesh-Philippines chamber launched
A newly-formed bilateral chamber, Bangladesh-Philippines Chamber of Commerce and Industry (BPCCI), has been launched recently. The aim of the new chamber is to promote trade and investment between Bangladesh and the Philippines, said a press release on Monday. Ambassador of the…
Factory building collapse death toll 1,127
Nobody else was recovered from the rubble of the collapsed Rana Plaza on Monday, the 20th day of the rescue operation.
MoU signed to ease company registration process
Dhaka Chamber of Commerce and Industry (DCCI) and Registrar of Joint Stock Companies and Firms (RJSC) signed a Memorandum of Understanding (MoU) on Monday.
Bankers for credit scoring for SMEs
Senior bank officials at a seminar here on Monday stressed introducing a credit scoring for small and medium enterprise (SME) sector in a bid to improve its operational efficiency.
Oman to recruit over 500 physicians: Minister
Expatriates’ Welfare and Overseas Employment Minister Engineer Khandaker Mosharraf Hossain on Sunday said Oman will recruit over 500 professional physicians from Bangladesh alongside general workers.
Rehab general secretary expelled
Real Estate & Housing Association of Bangladesh (Rehab) on Saturday expelled its general secretary Engineer Anisuzzaman Bhuiyan Rana on charge of anti-organisational activities.
Accurate economic census must: FBCCI
Speakers at an economic discussion here on Saturday said it would be difficult to take the right decision for the country and its economy without accurate economic data.
‘Economic performance hinges on political environ’
The performance of the economy in the fiscal year 2013 will critically hinge on how the political challenges are addressed, International Chamber of Commerce, Bangladesh (ICC,B) observed in its 18th annual council held here on Saturday.
RMG tragedies: BD faces Moody‘s apparel body ire
After the recent incidents of fire at and collapse of factory buildings in the garment exporters’ hub of Bangladesh, the country and its garment units, are facing the ire of international business communities.
IMF says monetary easing could drive asset bubble
International Monetary Fund officials say they are watching carefully for signs that massive flows of cash unleashed in world markets by unprecedented monetary easing might lead to asset bubbles, or to overheating in some emerging markets.
‘BD may lose Malaysian manpower market’
Bangladesh Association of International Recruiting Agency (BAIRA) president Shah Jalam Majumder categorically said that Bangladesh might lose the labour market in Malaysia due to interference of a third party.
6000 new taxi cabs in city soon
A total of 6000 new eco-friendly taxi cabs will be introduced in the public transport sector of the capital.
5th Meditex B’desh 2013 Expo begins
A three-day exposition of medical equipment and pharmaceuticals began here on Thursday.
Stocks show substantial gain at closing
Share prices at both the bourses of the country—Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — closed with high gain on Thursday, the last trading day of the week.
Mobile court sealss 7 private clinics in Jhenidah
A mobile court had sealed seven private clinics in Hariankundu uapzila town in Jhenidah on Tuesday for irregularities.
India disburses $50m grant to Bangladesh
Indian High Commissioner in Dhaka Pankaj Saran on Wednesday handed over the second tranche of US$50 million out of the $200 million grant committed to Bangladesh by the government of India last year.
BD forex reserve reaches $15.06 b
Foreign exchange reserves of Bangladesh reached 15.06 billion US dollars breaking all the previous record.
FBCCI for review of ban on pvt manpower export
Trade bodies of the country’s apparel sector on Tuesday urged the political parties concerned to withdraw their May 8-9 hartal for the sake of the readymade garment industry and the economy as a whole.
Inflation rises slightly in April
The general point-to-point inflation rate in April increased slightly as it notched 8.37 percent posting a rise of 0.66 percent from that of March this year as per the base year 2005-06.