Jagaran Chakma

The economy of Eid-ul-Azha is likely to add about Tk 40,000 crore to the economy, up 29 percent year-on-year, according to the Department of Livestock Services and analysts.

Bangladesh made a record in external debt repayment last fiscal year, in yet another indication of the growing stature of the economy.

Vietnam entered the global footwear export market just a decade ago and the Southeast Asian nation’s export now stands at $20

Shipments of plastic products rose 22 percent year-on-year to $120 million in fiscal 2018-19, something manufacturers and traders attribute to the emergence of new export destinations.

The motorcycle industry has been growing fast in Bangladesh, thanks to government policy support and people’s growing purchasing power, market players said.

Local automobile company Bangladesh Auto Industries Ltd (BAIL) is all set to make electric vehicles from next year with an initial investment of $200 million.

Bangladesh’s medicine exports soared 25.60 percent year-on-year to $130 million last fiscal year thanks to continuous improvement

The dream of owning a flat may never come true for many as properties will become more expensive owing to the hike in prices of major construction materials as well as gas, realtors say.

In a heartening development, more and more South Korean companies are coming to Bangladesh with investment plans, attracted by

Businesses from home and abroad have come up with investment proposals worth $17.91 billion in Mirsarai, Sreehatta and Moheshkhali economic zones, which are now under construction.

The recent gas price hike will increase the cost of ceramics production by 10 percent, which will be a huge blow to the local ceramic

The retail price of each 50-kg bag of cement has edged up 12 percent, or Tk 50, to Tk 460-470 -- a development that will push up construction costs, be it the government’s mega projects or private buildings.

The retail price of mild steel (MS) rod will likely see an average increase of Tk 9,000per tonne for the recent gas price hike and new VAT and tax measures, apprehend industry insiders.

Projects involving about $7.5 billion under the three Indian lines of credit are progressing slowly owing to lengthy processes in land acquisition, change in design and delays in hiring consultants and document preparation.

State banks did not get a single penny from taxpayers in the just concluded fiscal year to make up their capital deficit, in a clear sign from the government of its intent to stop pampering the errant lenders.

Banks will transfer incentive to the bank accounts of remitters or their beneficiaries like they do in case of exporters as the maiden

Dhaka and Beijing will sign an MoU on the establishment of an investment cooperation working group to boost investment ties between Bangladesh and China. The signing will take place during Prime Minister Sheikh Hasina’s July 1-5 visit to China, officials in Dhaka said.

Indian construction equipment manufacturers see a business potential in Bangladesh as the country is gradually phasing out clay brick

The continuation of concessionary duties on raw material import for motorcycle manufacturers into fiscal 2019-20 would help the fast-growing sector, said market players.

Dhaka will sign two agreements with Beijing to borrow $2.37 billion for two power projects during Prime Minister Sheikh Hasina’s four-day China visit from July 1, finance ministry officials said yesterday.