One factory will go into operation at the Mirsarai Economic Zone (MEZ) next month and another five by June next year as the country’s largest industrial enclave is all set to open its doors to both local and foreign entrepreneurs. Jinyuan Chemical Industry Ltd, a Chinese company which...
The government has set a target of lessening the time of completing import and export procedures to two days and one day respectively by 2022. Currently, the time for releasing import goods needs eight days while export goods five days through different customs ports. The target is...
Despite counting revenue loss in the short-term, Bangladesh should sign free trade agreements (FTAs) with its key trading partners for better export growth over the long haul, speakers said at a seminar on Saturday. They also called on government agencies and businesses to get ready to compete...
Bangladesh Foreign Minister Dr A K Abdul Momen on his first
official visit to Germany has invited German businesses to invest in the
country for a win-win scenario.
The minister highlighted the business-friendly policies and environment of Bangladesh when he addressed the German Federal Association for...
The Annual Development Programme (ADP) implementation rate fallen to 8.06 per cent in the first quarter (Q1) of the current fiscal year (FY) 2019-20. During the same period (July-September) of FY 2018-19, different ministries and agencies executed 8.25 per cent of ADP. According to Implementation Monito-ring...
Some eight sectors, including solar panel manufacturers and animal feed manufacturers, will enjoy exemptions from the payment of advance tax at the import stage. The advance tax is payable at the import stage and the importers are allowed to adjust or get refund of the paid taxes...
A high-powered trade mission from the European Union (EU) is visiting Dhaka to oversee labour rights situation in Bangladesh and review the country's eligibility to retain the trade benefits under its EBA regime, sources said. As part of their three-day visit, the delegation held meetings on Monday...
The net inflow of foreign direct investment (FDI) in Bangladesh increased by 50.71 per cent in the last fiscal year (FY'19), according to the latest statistics released by the central bank on Tuesday. It showed that net FDI stood at $3.89 billion in FY'19 from $2.58 billion...
'Having a company with the status of H&M Group as a
collaborating partner in the eleventh edition of the expo is a great honour'
H&M Group is set to collaborate with Bangladesh Denim Expo for the forthcoming eleventh edition of the event to be held...
A three-day exhibition of Bangladeshi products is going to kick off in Qatar on December 10 with the aim to strengthen local trade and investment with the host country. The ‘Bangladesh Forum Qatar’ (BFQ) is hosting the exhibition, the first of its kind, at the Doha Exhibition...