Chinese toymaker Meigo (Bangladesh) Ltd is going to invest $6.55 million to establish a factory in Dhaka Export Processing Zone. The company will annually produce 9 lakh die-cast, plastic, plush and collectible toys.

Asian investors trod carefully on Wednesday but nerves appeared to be settled by news that troubled Chinese property giant Evergrande had agreed a plan to repay interest on one of its key bonds, for now avoiding a default that many fear could hammer the domestic and global economy.

Around 10,000 families in Moheshpur upazila of Khulna’s Jhenaidah district are seeing better days as the local imitation or “city gold” jewellery industry has bounced back from a prolonged period of economic uncertainty due to the ongoing Covid-19 pandemic.

Operations at the country’s premier Chattogram sea port have resumed after around 35 hours with a countrywide work abstention enforced by a section of logistics service providers being called off yesterday afternoon.

The stock market regulator’s initiatives such as roadshows in various countries to bring in investments appear to have produced no significant positive outcome as foreign investors reduced their stakes in the listed companies to book profits.

Two foreign companies yesterday got the government nod to set up a 50-megawatt solar power plant in Khulna’s Terokhada upazila.

The government has issued a policy which comes with tax and export incentives to encourage entrepreneurs to establish automobile plants here in Bangladesh.

Feed millers have called upon the government to stop the export of soybean meal, a major ingredient of feed for poultry, fish and cattle, for the sake of the livestock industry in the country.

Most of the operations at Chittagong port remain suspended for the second consecutive day today, as a faction of owners and workers of goods transport are observing a countrywide 72-hour work abstention since yesterday.

Milk production has turned costlier in the past few months due to soaring prices of animal feed, leaving dairy farmers with little hope of securing expected profits.

Over a year past shutting down state-run jute mills, the government has made little progress in modernising and reopening them, up until now having merely selected some potential lessee proposals for ministry-level vetting.

The year 2021 is a significant one for Bangladesh as the country is celebrating its 50th year of independence.

International Finance Corporation (IFC) is going to invest $2.5 million in online platform Truck Lagbe to connect people and corporate customers with truck owners and drivers through an app and a website in Bangladesh.

Just two years after opening its doors for Bangladeshi customers, German sportswear giant Puma is going to expand its reach further in the country.

Afsar Ali, a marginal farmer based in the catchment area of Pabna Sugar Mill in Ishwardi upazila, grew sugarcane on three bighas of land last year with an aim to sell the crops at the nearby processing plant.

Apparel exporters are apprehending significant losses in business for missing freight transport deadlines as the number of scanners and flights at Hazrat Shahjalal International Airport in Dhaka is currently insufficient to meet demand.

DBL Ceramics has recently held a business conference at a resort in Gazipur.

A high-powered committee will be formed by Sunday to resolve issues pertaining to payment of cash incentives to garment exporters who do not have bonded warehouse licences, said Commerce Minister Tipu Munshi yesterday.

Honey cultivation has proved to be a profitable venture for many farmers, especially small-scale entrepreneurs, in Sylhet division and as a result, people are becoming increasingly interested in the practice.

Five global tech firms paid Tk 4.6 crore as value-added tax (VAT) in August, with social media giant Facebook depositing the highest amount, which reflects the growing interest of businesses in using advertisements about their products and services in the digital sphere.