Industries Secretary KM Ali Azam asked the officials of the Bangladesh Standards and Testing Institution (BSTI) to improve the activities of the body at international level. “BSTI is an important organization of the country. BSTI has become much more dynamic than before. Continuing this trend, the organization...
Safety equipment and essential health protective items are now selling like hotcakes as the Covid-19 pandemic increased by manifold the demand for such products.
Besides, panic-buying of such items -- hand sanitizer, pulse oximeter, oxygen cylinder, blood sugar machine, disinfecting liquid such as Dettol and Savlon,...
Although global trade has been thoroughly battered by the ongoing coronavirus pandemic, the World Trade Organisation (WTO) believes the worst could be over as supply chains are slowly returning to normal due to rising demand. International trade fell sharply in the first half of the year as...
Governments across the world are trying to save lives by preventing the spread of coronavirus through the implementation of various measures, such as social distancing guidelines and nationwide lockdowns. Although these measures are put in place to safeguard public health, they do impede the production process of...
Automobile traders urged to provide tax exemption on import of expire parts for next one year to overcome challenges in the vehicle assembling sector. Bangladesh Automobiles Assemblers and Manufacturers Association (BAAMA) leaders also recommended stopping registration of foreign light-truck in name of pick-up category while addressing an...
The Bangladesh Securities and Exchange Commission on Tuesday approved the initial public offering of Walton Hi-Tech Industries, allowing the company to raise Tk 100 crore by issuing 29.28 lakh shares at Tk 252-315 each. The stock market regulator gave the approval at a commission meeting presided over by its...
Omera Cylinder Limited, a Bangladeshi liquid petroleum gas (LPG) cylinder manufacturer, went global when it became the first company to export LPG cylinders to African countries. Omera Cylinders Limited (OCL), a leading manufacturer of steel LPG cylinders in Bangladesh, has been engaged in manufacturing since 2015. “We...
Jobike, an on-demand bicycle renting service, will launch in the city’s Gulshan, Banani, Baridhara and Niketan area on Wednesday aiming to provide a safe, affordable and environment-friendly ride. More than 100 Jobikes will be available at 22 parking spots in the mentioned areas, where riders will be...
Addressing challenges related to impacts on SMEs due to COVID-19 pandemic would require an innovative and holistic approach that tackles regulatory issues, enables easier access to finance and recognises the challenges of the 21st century business landscape, experts opined. These, among many other conclusions were drawn at...
Economic activities resumed on May 31 across the metropolis of 20 million people after a 66-day nationwide shutdown, but consumer demand has fallen to a fraction of what it used to be before the pandemic, with people not opening their wallets for anything unless it is very...