Olympic Industries Ltd, the maker of popular biscuit brands such as Energy Plus, Tip and Nutty, has announced that it would invest Tk 25.65 crore to expand its production capacity to meet growing demands.

The Tazreen Fashions fire, one of the nation’s deadliest industrial incidents, was an eye-opener for the garment sector, showing that the cost of non-compliance in business operations was very high.

There is a possibility of creating a huge demand for Bangladeshi branded products in Thailand, said Makawadee Sumitmor, Thai ambassador to Dhaka.

The government is set to undertake a nearly Tk 3,500-crore project to construct an 11-kilometre elevated road over haors in Kishoreganj to connect the northeastern backwater to the mainland.

Japan will provide $2.66 billion to Bangladesh to support construction of two major mega projects, including building of Dhaka’s first underground metro rail project, said a statement from the finance ministry.

Bangladesh has the potential to produce $1.2 billion worth of recycled textile and garment items as the country has a big production base for cotton fibre clothing items, according to a recent study by the Global Fashion Agenda (GFA) and McKinsey & Company.

Synthetic footwear and sports shoe exports from Bangladesh registered an average annual growth rate of about 20 per cent in the past five years thanks to increased demand from global brands.

The United Nations wants to work with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to improve the working environment of the industries in the country.

PHP Automobiles, the local distributor for Malaysian automaker Proton Holdings Berhad, yesterday rolled out the Proton X70 SUV, the first voice-activated car in Bangladesh.

Creating a business-friendly environment as well as simplification of the investment process would help in bringing foreign direct investment, speakers say at a programme.

The government plans to merge development and revenue budgets, amend income tax laws and establish a procurement authority in the next three years as part of a set of reforms aimed at boosting revenue collection and ensuring transparency in expenditure.

Cybercriminals breached the “secure” NBR server to falsely show export of goods worth around Tk 12.78 crore.

The Jatiya Sangsad yesterday passed a bill to make it mandatory for tour operators and guides to get registered.

Real estate companies are hoping for a good response from buyers at a four-day housing fair that kicked off in Chattogram yesterday as apartment sales in the port city gained momentum in line with the waning of the coronavirus pandemic.

The Bangladesh Export Processing Zones Authority (Bepza) has sought more South Korean investment in export processing zones in the country.

Bangladesh should negotiate in the upcoming 12th World Trade Organisation (WTO) Ministerial Conference (MC-12) for the extension of the duty privilege after graduation from the list of Least Developed Countries (LDCs) in 2026, a noted economist said today.

The National Board of Revenue (NBR) today named nine firms for payment of highest amount of Value Added Tax (VAT) nationally in respective sectors for the fiscal year 2019-20 in an effort to encourage businesses to deposit the indirect tax paid by consumers properly to the state coffer.

Increasing comparative facilities for the investors and improvement in the ease of doing business will help Bangladesh attract expected foreign direct investment in different sectors, according to Foreign Investors' Chamber of Commerce and Industry (Ficci).

A four-day housing fair, styled “REHAB Chattogram Fair 2021”, will begin tomorrow at the Radisson Blu Chattogram Bay View hotel in the port city.

A measure proposed by the European Union may affect Bangladesh’s robust apparel shipment to the bloc even if the country is awarded the Generalised System of Preferences (GSP) Plus status after its graduation to a developing nation.