The government is establishing 89 laboratories to develop Bangladesh Standards and Testing Institution (BSTI) as a world-class institution, Industries Minister Nurul Majid Mahmud Humayun said today.

The construction work of Bscic Chemical Industrial Park in Munshiganj will be completed by December 2023 if everything goes according to plan, said Industries Minister Nurul Majid Mahmud Humayun.

The ICT Division and the World Bank will work jointly to build ICT infrastructure in Bangladesh to take the economic development to the next stage, said Junaid Kamal Ahmad, a vice president of the World Bank.

Small and light engineering industries in Saidpur have helped the railway town emerge as a hub for producing valuable machinery and spare parts consumed by various sectors, thus cutting dependence on imports, saving foreign currencies and generating jobs for thousands.

The National Board of Revenue (NBR) has been failing to achieve tax collection targets since the fiscal year of 2012-13 because of lofty goals set by the government and the absence of major reforms.

The government’s a2i programme is set to become a full-fledged agency, entering the software and digital innovations industry as a government-subsidised player, but creating uncertainty for local tech companies.

Global tourism is roaring back to life despite Covid travel headaches and the effects of the war in Ukraine, but it has yet to return to its pre-pandemic health.

Entrepreneurs in Bangladesh have pumped billions of dollars into the shipbuilding sector in recent years to meet their own demand for vessels as well as regain the international market.

Bangladesh emerged as a shipbuilding nation in 2008 when it exported its first ocean-going vessel to a Danish company and suddenly there were talks about the sector’s immense potential and the country capturing a major share of the global shipbuilding market.

The disasters like the Nimtoli tragedy and the Tazreen Fashion fire have been eye-openers for the government to take widespread measures immediately to ensure industrial safety, Industries Minister Nurul Majid Mahmud Humayun said today.

Twenty-six firms are going to get the “National Productivity and Quality Excellence Award 2020” as a recognition for their continuous improvement in productivity and quality.

The government will introduce a platform to help the global investors virtually operate their business in Bangladesh, said Zunaid Ahmed Palak, state minister for ICT.

The number of internet users in Bangladesh rose in March thanks to increased usage of both mobile data and broadband services for educational, entertainment and professional purposes amid the improving Covid-19 situation.

Import load containers have piled up at the Chattogram port as importers did not secure their consignments due to the Eid holidays when factories were closed and vehicular movement was thin.

RFL Group has set up its second bicycle manufacturing plant with the objective to secure a bigger slice of the Tk 1,800 crore domestic two-wheeler market, which is growing due to rising health consciousness and a quest for convenience in transportation.

The name “Sreemangal” makes the heart tremble, according to a man who came to visit the ever-popular tourist destination to enjoy the Eid holiday with his family.

Maddhapara Granite Mining Company Limited (MGMCL) has halted hard rock production since May 1 due to a lack of the explosives needed to extract the material from underground, according to company officials.

Hotels and resorts in tourist destinations across Bangladesh are enjoying brisk business thanks to the long holiday afforded by most industries in the current festival season centring Eid-ul-Fitr as they look to partially recover pandemic-induced losses.

Untimely loading and unloading of containers has congested Chattogram port, the country’s premier seaport, with container vessels, which remain anchored due to the disruption.

The United Nations Development Programme (UNDP) and the ICT Division of the Government of Bangladesh recently reached an agreement to launch a cybersecurity campaign for the youth and children in selected Least Developed Countries (LDCs).